Recommendation PRICE RANGE Target Price Time Horizon Accumulate ₹ 2700-₹2750 Rs. 3400 12 Months Jubilant Foodworks is one of the leading quick service restaurant (QSR) company. Which owns Dominos franchise in India, Nepal, Sri Lanka and Bangladesh and also for Dunkin’ Donuts in India. Company is entering new…
View on market: Stay Cautious, be with quality business: Stocks in Asia were mixed Tuesday amid an uptick in crude oil prices as the European Union and the U.S. weighed tougher sanctions against Russia for alleged atrocities in Ukraine during the ongoing war. Japanese and Australian equities were…
April 4, 2022
Morning Outlook 5th April, 2022
NIFTY Nifty opened at 17809.10 with a big gap up of 139 points. The index recorded its intraday low at 17791.40 a few ticks below the opening prices and bounced up. Prices have rallied very sharply for the next one hour of trading and recorded its intraday high…
Scheme of Arrangement: Amalgamation of: (i) HDFC Investments Limited and HDFC Holdings Limited, wholly-owned subsidiaries of HDFC Ltd. into HDFC Ltd. and Further of HDFC Ltd. with and into HDFC Bank Limited. Swap Ratio: Shareholders of HDFC Limited as on record date will receive 42 shares of HDFC…
View on market: Stay Cautious, be with quality business: U.S. equity futures and Treasuries fell Monday, while Asian shares were mixed, amid concerns over the prospect of aggressive Federal Reserve interest-rate hikes and stiffer sanctions on Russia. Shares were volatile in Japan, Australia and South Korea. The dollar…
April 2, 2022
Morning Outlook 4th April, 2022
NIFTY: Nifty opened at 17436.90 with a minor gap down of just 28 points. The index recorded its intraday low at 17422.70 a few ticks below the opening prices and bounced up. Prices have rallied and come close to 17500 17550 levels and then formed a narrow…
Indian Market Outlook: The Key benchmark indices rose over 3 percent during the week led by rally in Bank stocks and fall of crude oil prices. Nifty logged the second best week in nearly seven months ended the week with 3.02 percent higher at 17670.45 points while the…
SBI, the largest Indian Bank with 1/4th market share, serves over 45 crore customers through its vast network of over 22,000 branches, 62617 ATMs/ADWMs, 71,968 BC outlets, with an undeterred focus on innovation, and customer centricity, which stems from the core values of the Bank - Service, Transparency,…
April 1, 2022
Morning Outlook 1st April, 2022
NIFTY: Nifty opened at 17519.0 with a minor gap up of just 21 points. The index first moved down quickly, found support, turned up but the rally fizzled out in no time. The index recorded its intraday high at 17559.80 and turned down. Prices have broken its early…
View on market: Stay Cautious, be with quality business: Global stocks declined Friday after registering the worst quarter since the pandemic bear market, amid concerns over a tightening Fed monetary policy and Russia’s war in Ukraine. Japanese equities fell, while S&P 500 and Nasdaq 100 futures rose. Oil…