View on market: Stay Cautious, be with quality business: Asian stocks declined Thursday following a retreat in U.S. equities. Shares were volatile in Japan and fell in South Korean and Australia. U.S. contracts wavered after the S&P 500 swung between gains and losses before closing down 1%. An…
NIFTY: NIFTY opened at 18129.20 with a gap up of just 16 points. The index recorded its intraday high at the opening tick and started drifting downwards. Prices have broken 18000 levels soon and then fall further to record its intraday low at 17884.90.After that, the index took…
Result Analysis: ICICI Securities Ltd. Result Update Q3FY22 Particulars (In Rs. Cr.) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue from Operations 941.64 856.37 620.11 9.96% 51.85% Other Income 0.28 0.19 -0.14 - - Total Income 941.92 856.56 619.97 9.97% 51.93% Employee Expenses 172.91 168.25 129.74 2.77% 33.27% Other…
View on market: Stay Cautious, be with quality business: Asian markets slipped on Wednesday after a surge in Treasury yields as the prospect of Federal Reserve monetary tightening weighs on markets. Shares fell in Japan, Australia and South Korea. U.S. futures were volatile after the S&P 500 suffered…
January 19, 2022
Morning Outlook 19th January, 2022
NIFTY: NIFTY opened at 18337.20 with a gap up of just 29 points. Prices have recorded its intraday high at 18350.95 in its initial trades and then moved up. A rally of almost 100 points brought the NIFTY above 18300 again but the rally fizzled out and prices…
Result Analysis: Ultratech Cement Ltd. Result Update Q3FY22 Particulars (In Rs. Cr.) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue from Operations 12985 12017 12262 8.06% 5.90% Other Income 70.5 140 260 -49.69% -72.89% Total Income 13055.4 12156.9 12522.0 7.39% 4.26% Raw Material Consumed 1715.11 1731.36 1669.24…
IPO-Note AGS Transact Technologies Limited Rs-166-Rs175 per Equity share Recommendation: Avoid AGS Transact Technologies Limited IPO Company Profile: AGS Transact is a second largest ATM service providers and largest deployer of POS machine at petroleum outlets in India. They also have done international expansions in Sri Lanka, Cambodia,…
January 18, 2022
Morning Outlook 18th January, 2022
NIFTY: NIFTY opened at 18235.65 with a gap down of just 22 points. Prices have recorded its intraday low at 18228.75 in its in initial trades and then moved up. A rally fizzled out quickly and prices have seen almost an equal decline to come near its opening…
View on market: Stay Cautious, be with quality business: Most Asian stocks advanced as investors weighed the economic recovery from the pandemic. Shares climbed in Japan and Australia but wavered in South Korea. Nasdaq 100 and S&P 500 futures were broadly steady. U.S. markets will reopen later following…
Indian Market Outlook: The Key benchmark indices rose over 2 percent during the week gone by and extended their up move for the fourth week in a row. Nifty ended the week with 2.49 percent higher at 18256 points while the Sensex ended with 2.47 percent higher at…