NIFTY: NIFTY opened at 17706.20 with a big gap up of 130 points. The index initially went down for the first 10 minutes of trading and recorded its intraday low at 17674.80. Prices then consolidated and then again went down. However, the index finds support there and bounced…
Result Analysis: HDFC Ltd. Result Update Q3FY22 Particulars (In ₹. Cr) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Interest Income 11055.15 10578.96 10710.18 4.50% 3.22% Dividend Income 195.46 1171.26 2.22 -83.31% 8704.50% Other Income 541.60 476.16 1003.94 13.74% -46.05% Total Income 11792.21 12226.38 11716.34 -3.55% 0.65% Interest Expenses 6873.05…
View on market: Stay Cautious, be with quality business: Asian stocks rose Wednesday amid a recovery in U.S. shares spurred by the corporate earnings outlook and signs that Federal Reserve officials favor measured monetary-policy tightening. Equities advanced in Japan and Australia, among the few markets open in Asia…
NIFTY: NIFTY opened at 17529.45 with a big gap up of 190 points. The index rallied further in its initial trades and then went into a process of consolidation. Prices have recorded its intraday high at 17622.40 and then broke on the down side. A sharp decline of…
Company Recommendation CMP (Rs) Target (Rs) Upside (%) Time Horizon ICICI Bank Buy 810 880 8% 1Month State Bank of India Buy 532 585 9% 1Month Reliance Industries Buy 2378 2650 10% 1Month Tata Motors Buy 504 565 11% 1Month ICICI Securities Buy 727 790 8% 1Month L…
Union Budget for 2022-23 is based on PM Gati Shakti (Infrastructure), Inclusive Development, Productivity Enhancement, Sunrise Opportunities, Energy Transition, Climate Action and Financing of investments. This Year Modi Government presented growth-oriented budget where their complete focus was to increase capital expenditure with key focus area infrastructure which creates major…
View on market: Stay Cautious, be with quality business: Asian stocks on Tuesday rose, aided by spillover effects from the technology-led rally in the U.S. spurred by dip buyers. The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index's performance, rose nearly 1% to 17,517.50 as…
NIFTY: NIFTY opened at 17301.05 with a big gap up of 200 points. The index first consolidated in a narrow range and recorded its intraday low at 17364.15. The consolidation broke on the upside and prices have seen a sharp rally of more than 100 points to record…
Result Analysis: Sun Pharmaceutical Ltd. Result Update Q3FY22 Particulars (In ₹. Cr) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue From Operation 9814.17 9556.74 8808.83 2.69% 11.41% Other Operating Revenue 48.89 69.19 27.95 -29.34% 74.92% Other Income 432.50 222.89 314.95 94.04% 37.32% Total Income 10295.56 9848.82 9151.73…
Indian Market Outlook: The Key benchmark indices fell over 2 percent during the week gone by led by anticipation of the US Federal Reserve's stance, rising crude oil prices and growing concerns in Ukraine over a potential war with Russia. To tackle soaring inflation, the Fed signalled its…
