View on market: Stay Cautious, be with quality business: Most Asian stocks rose Tuesday after S&P 500 posted its 69th record close this year. Equities climbed in Japan but dipped in South Korea, while U.S. futures inched lower. Hong Kong will reopen after a holiday and Australia remains…
Journey of Indian Stock Market in CY21 and Outlook for CY22 Rally of the Market In Year 2021, Indian Stock Market was one of the best performing market in the world, Nifty gave return of 26% YTD this year while mid and small cap perform better than largecap.…
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NIFTY: NIFTY opened at 17149.50 with a gap up of 77 points. The index recorded its intraday high at 17155.60 within the first five minutes of trading and then started drifting downwards. A sharp decline of almost 250 points in one and half hours of trading and the…
View on market: Stay Cautious, be with quality business: Most Asian stocks fell Monday, while U.S. equity futures rose, amid rise in coronavirus cases due to omicron variant and a pledge of greater economic support from China’s central bank. Shares in Japan retreated, while South Korea fluctuated. S&P…
December 24, 2021
Morning Outlook 24th December, 2021
NIFTY: NIFTY opened at 17066.80 with a gap up of 111 points. The index rallied further on the upside towards 17100 and then started moving on the downside. Prices have recorded its intraday low at 17066.80 and failed to fill the gap. A rally then took index again…
View on market: Stay Cautious, be with quality business: Stocks rose Friday as concerns over the omicron strain eased a bit after a U.K. study suggested that the infections are less likely to lead to hospitalisation. Shares climbed in Japan, South Korea and Australia. The S&P 500 hit…
View on market: Stay Cautious, be with quality business: Asian stocks gained Thursday after U.S. shares rose, as concerns over omicron variant ease a bit. A trio of studies of preliminary data from Scotland, Imperial College, London and South Africa showed that omicron strain may be less likely…
December 23, 2021
Morning Outlook 23rd December, 2021
NIFTY: NIFTY opened at 16865.55 with a gap up of 95 points. The index first moved down and then quickly turned up. An attempt to fill the gap failed and prices have recorded its intraday low at 16819.50. The index then started a process of consolidation. Prices have…
View on market: Stay Cautious, be with quality business: The rebound in global equities moderated in Asia Wednesday amid rising concerns over the economic impact due to the spread of omicron strain. T Equities in Japan were little changed while gains were modest in South Korea. U.S. futures…