Muthoot Fincorp Limited NCD Company Profile: Muthoot Fincorp Limited (“MFL”) is a non-deposit taking, systemically important NBFC registered with the RBI. MFL is one of the prominent gold loan players in the Indian market. From FY2016 to FY2022, Muthoot Fincorp has shown a significant increase in its Gold…
View on market: Stay Cautious, be with quality business: Asian stocks rose in early trading after US equities had their best day in more than a month on Friday. Australian stocks gained 1% while US equity futures edged higher. Contracts for Hong Kong equities climbed 1.5% on Friday.…
Cummins India Ltd. (CIL) is a leading manufacturer of diesel engines. The company is engaged in designing, manufacturing, distribution of service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Its key business divisions are Engine business, Power system…
NIFTY: The NIFTY opened at 18008.05 without much of a gap. The index initially moved higher but soon faced strong resistance and turned down after recording its intraday high at 1804740. Prices have seen a sharp intraday decline and went below 17800. The index started a consolidation process…
NIFTY: The NIFTY opened at 18101.95 with a gap up of 59 points. The index initially consolidated for about two hours and then saw a breakdown after recording its intraday high at 18120.30. Prices have seen a sharp intraday decline and went below 17900. The index started a…
View on market: Stay Cautious, be with quality business: Stocks in Asia were mixed and US futures climbed ahead of additional crucial jobs data, on Friday morning. U.S. stocks were weighed down by strong labour market data on Thursday, which is considered a precursor to further rate hikes…
HSBC Multi Cap Fund NFO Company Profile: HSBC Mutual Fund is a global asset manager with a strong heritage of successfully connecting clients to global investment opportunities. HSBC Mutual Fund India is managing Indian equity and debt assets for the last 20 years. The company has clear and…
Philips India Limited IPO Company Profile: Philips India Limited is a subsidiary company of KNPV (“Koninklijke Philips N.V”), a leading health technology company that believes in viewing through the lens of customer needs. The company believes that innovation can improve people's health and healthcare outcomes, as well as…
NIFTY: the NIFTY opened at 18230.65 without any gap. The index initially consolidated and broke on the downside after recording its intraday high at 18243 in its initial trades. Prices have seen a sharp intraday decline and then found support around 18050. A pullback started and prices went…
View on market: Stay Cautious, be with quality business: Asian markets headed towards a positive opening on Thursday after the U.S. shares snapped its two-day losing streak. Equity benchmarks in Australia and South Korea rose less than 1%, while Japanese stocks fluctuated. The S&P 500 rose 0.8% and…