View on market: Stay Cautious, be with quality business: Stocks and U.S. equity futures fell Monday, as higher prices threatened to stall global growth and trigger inflation shock in the economy. Oil soared on the prospect of a ban on Russian crude supplies. Havens including sovereign bonds rallied,…
Indian Market Outlook: The Key benchmark indices fell over 2 percent during the week led by escalation of Russia and Ukraine War, continuous FII Selling and rising crude Oil prices. Nifty ended the week with 2.48 percent lower at 16245.35 points while the Sensex ended with 2.73 percent…
NIFTY: Nifty opened at 16339.45 with a big gap down of 159 points. Initial prices continued moving lower another 200 points and recorded its intraday low at 16133.80. Prices bounced up from there, saw a sharp rally of more than 300 points, and recorded its intraday high at…
View on market: Stay Cautious, be with quality business: Stocks and futures sank and havens including sovereign bonds jumped Friday, on reports that a major nuclear power plant is on fire in Ukraine after shelling by Russian troops. Japan led losses in an Asian equity gauge, S&P 500…
NIFTY: Nifty opened at 16723.20 wit ha gap up of 118 points. Initial prices moved higher but the rally did not sustain lo ng as prices have moved down after recording its intraday high at 16768.95. The index drifted downwards, filled the up gap very quickly, and kept…
Recommendation CMP Target Price Time Horizon Accumulate Rs. 685 Rs. 905 12 Months Tata Consumer Products own the well-loved brands - Tata Tea, Tetley, Tata Salt, Eight O’Clock Coffee, Himalayan Water and emerging brands like Tata Sampann, Tata Soulfull, Tata Gluco Plus and Tata Water Plus. It has…
NIFTY: Nifty opened at 16593.10 with a big gap down of 200 points. Initial prices moved higher and recorded its intraday high at 16678.50 within the first 15 minutes of trading. The index then drifted downwards. A sharp decline of almost 200 points brought prices to its intraday…
View on market: Stay Cautious, be with quality business: Stocks rose Thursday while bonds fell after U.S. Federal Reserve Chair Jerome Powell pointed to a measured interest-rate liftoff. Shares rose in Australia, Japan and South Korea. U.S. futures fell after a positive close for the S&P 500 and…
Recommendation CMP Target Price Time Horizon Accumulate Rs. 711 Rs. 945 12 Months ICICI Bank is an Indian multinational bank and financial services company with its corporate office in Mumbai, Maharashtra. It offers a wide range of banking products and financial services for corporate and retail customers through…
NIFTY: Nifty opened at 16481.60 with a big gap down of 177 points. Prices moved further on the downside and recorded its intraday low at 16356.30. Prices finds support there and started moving on the upside. A minor dip came in the afternoon but prices soon find support…