View on market: Stay Cautious, be with quality business: Asian stocks rose Friday led by a rally in a Hong Kong gauge of technology firms following a surge in U.S.-listed Chinese equities. U.S. futures fell after Wall Street dipped from a record in thin year-end trading. The Hang…
NIFTY: NIF1Y opened at 17201.45 with a minor gap down of just 12 points. The index recorded its intraday low at 17146.35 in its early trade a rallied higher. Prices have recorded its intraday high at 17364.05 and then started moving downwards. The index found support around its…
NIFTY: NIFTY opened at 17220.10 without much of a gap. The index first recorded its intraday low at 17285.95 in its early trades and then started moving on the upside. A rally of more than 60 points brought the index to its intraday high at 17285.95 and then…
Market View 30th December, 2021
View on market: Stay Cautious, be with quality business: Asian stocks fell Thursday, after U.S. benchmarks clocked another all-time high amid light volumes in the final days of the year. Japanese equities fell the most in Asia. U.S. equity futures declined after the S&P 500 reached the 70th…
Recommendation CMP Target Price Time Horizon Accumulate Rs. 580 Rs. 720 12 Months KPIT Technologies Limited is an Indian multinational corporation that focuses on power train Conventional and electrical, autonomous technology (vision and control systems), connectivity and diagnostics software. The company’s focus sub verticals are Commercial vehicle, Passenger…
Market View 29th December, 2021
View on market: Stay Cautious, be with quality business: Asian stocks were mixed Wednesday after a megacap technology selloff weighed on U.S. equities. Japanese shares fluctuated, Australia climbed after a holiday break and South Korea declined. U.S. futures rose, suggesting the S&P 500 and the Nasdaq 100 might…
NIFTY: NIFTY opened at 17177.60 with a gap up of 91points.Initially,the index consolidated in a tight range and then started moving on the upside. Prices have recorded its intraday high at 17250.25 and then started drifting downwards. The index broke early morning lows and recorded its intraday low…
NIFTY: NIFTY opened at 16937.75 with a gap down of 66 points. The index moved further on the downside for the first 10 minutes of trading and recorded its intraday low at 16833.20. Prices have found support there and bounced up. The index quickly erased all the loss…