View on market: Volatility Prevails, Market is searching for better value As traders awaited a slew of economic data over the next few days for hints on the prospects for global central bank policy, Asian stocks were ready to follow U.S. equities higher. Following the S&P 500's first…
Mukesh Ambani, the visionary leader at the helm of Reliance Industries, delivered a compelling Annual General Meeting (AGM) speech that underscored the company's remarkable achievements and its bold ambitions for the future. Ambani proudly announced that Reliance Industries has made an astounding cumulative investment of $150 billion over…
NIFTY: The NIFTY opened at 19297.40 with a gap down of 89 points. The Index initially moved higher and tried to fill the gap but found resistance quickly and turned down. Prices have recorded its intraday high at 19339.55 and saw a sharp decline. Prices have recorded its…
View on market: Volatility Prevails, Market is searching for better value After Jerome Powell stated the Federal Reserve would "proceed carefully" on whether to raise interest rates again and signaled policy will remain tighter for longer on Friday, Asian markets were poised to follow U.S. shares with moderate…
Bajaj Finserv Limited is a leading non-banking financial company (NBFC) which offers a wide range of financial products and services, including loans, cards, insurance, investments, and payments. The company has a presence in over 25,000 cities and towns across India. The company is primarily engaged in the business…
NIFTY: The NIFTY opened at 19535.15 with a gap up of 91 points. The index continued its bullish momentum and moved higher for the first hour of trading but could not reach 19600.The index found resistance and then started drifting downwards in a V-shaped manner. The decline lasted…
View on market: Volatility Prevails, Market is searching for better value Bond yields increased as traders went over statements made by a plethora of Federal Reserve officials, while Asian markets were expected to decline after a selloff on Wall Street. Investors anticipate Jerome Powell's speech for hints on…
NIFTY: The NIFTY opened at 19439.20 with a gap up of 43 points. The index could not sustain at the higher levels and started drifting downwards from its opening tick. Prices have filled the gap and then found support around 19400. The index formed a consolidation that broke…
View on market: Volatility Prevails, Market is searching for better value After U.S. equities surged and Treasury yields dropped as a result of weak economic data supporting the Federal Reserve's decision to suspend interest rate hikes, shares in Asia were expected to rise. In line with a surge…