View on market: Stay Cautious, be with quality business: Asian markets were set for a weak start on Friday after a rout in regional banks rattled Wall Street, with brewing anxiety about the next financial shoe to drop making traders increase their bets on Federal Reserve rate cuts.…
NIFTY: The NIFTY opened at 18113.80 with a gap down of 34 points. The Index initially moved lower but soon found support and bounced up but faced resistance quickly. The index then saw a sharp decline and some recovery towards the end. Prices have recorded first its intraday…
View on market: Stay Cautious, be with quality business: U.S. stocks rallied and bond yields dipped as the Federal Reserve signaled a pause in rate hikes in the coming days. The S&P 500 inched up 0.2%, whereas the Nasdaq 100 gained 0.3% shortly after the Fed policy announcement.…
Company Recommendation Buy (Rs) Target (Rs) Upside (%) Time Horizon BEL Buy 104 115 11% 1 Month ICICI Bank Buy 860 980 14% 1 Month Indian Hotels Buy 347 380 10% 1 Month Larsen & Toubro Buy 2385 2550 7% 1 Month Maruti Suzuki Buy 8292 9030 9%…
NIFTY: The NIFTY opened at 18124.80 with a gap up of 89 points. The index recorded its intraday low at 18101.75 in its initial trades and saw a sharp upside move. However, the upside move could not go much higher and started facing resistance. The index formed a…
View on market: Stay Cautious, be with quality business: Shares in Asia are set to decline after Wall Street fell on renewed concern about the banking sector before a Federal Reserve's decision on Wednesday where policy makers are expected to raise interest rates. Equity futures in Japan, Australia…
View on market: Stay Cautious, be with quality business: Asian equity futures point to a mixed opening as trading resumes in most of the region’s markets following a holiday on Monday. Investors are weighing JPMorgan Chase & Co.’s purchase of First Republic Bank along with expectations the Federal…
NIFTY: The NIFTY opened at 17950.40 with a gap up of 35 points. However, the index could not sustain at the higher levels and started drifting downwards from its opening tick Prices have seen a sharp intraday decline but soon found support and bounced up after recording its…
Bharti Airtel Limited is a leading telecommunication company globally based in New Delhi, India. It operates in 18 countries across India, Sri Lanka, Africa, and the Channel Islands. It offers various services such as fixed line telephone, mobile telephony, broadband, satellite television, payments bank, digital television, internet television…
Result Analysis: Tech Mahindra Limited (CMP: Rs.1,004) Result Update: Q4FY23 Tech Mahindra is one of the leading provider of consulting-led integrated portfolio services to customers around the globe. It also provides comprehensive range of IT services, including IT enabled services, application development and maintenance, consulting and enterprise business…