View on market: Stay Cautious, be with quality business: Stocks climbed in Asia Tuesday following a rebound in the final hour of New York trading as investors continue to weigh the market impact of super-sized interest rate hikes from the US Federal Reserve. MSCI Inc.’s Asia-Pacific equity index…
NIFTY: The NIFTY opened at 17796.80 with a gap down of 81points. The index continued its bearish momentum and started drifting downwards after recording its intraday high at 17820.05. The index kept on moving downwards and broke the 17700 level decisively and then started moving sideways and narrowly.…
Vardhman Textiles Limited is an integrated textile manufacturer. The company is engaged in the manufacturing of cotton yarn, synthetic yarn, woven fabric, sewing thread, acrylic fibre, tow, and garments. The company's segments include textiles and fibre. The company is a piece dyed fabric manufacturer, and cotton yarn manufacturer…
View on market: Stay Cautious, be with quality business: Investors will head into the week fearing more pain after India's stock benchmarks logged their worst week since the week-ended June 17, 2022, predominantly due to sharp slide on Friday. The indices tracked a drop in global equities, as…
Security Type OFS Symbol GRINFRA Issue Period 15 Sep 2022 to 16 Sep 2022 /September 15th 2022 for Non Retail Investors and September 16th,2022 for Retail Investors and Non Retail Investors who choose to carry forward their bids StartTime 09:15 EndTime 15:30 Offer Size – No. of Shares…
View on market: Stay Cautious, be with quality business: Asian stocks headed for a fifth week of declines following more weakness in US equities and a surge in short-end Treasury yields that reflects expectations for outsized Federal Reserve interest rate hikes. Shares fell in Japan, Australia and Hong…
NIFTY: The NIFTY opened at 18046.35 with a gap up of 43 points. The index initially moved up but soon faced resistance and started drifting downwards. Prices recorded its intraday high at 18096.15 and saw a sharp decline for the next two hours of trading. Prices found strong…
View on market: Stay Cautious, be with quality business: U.S. stocks rebounded following the worst sell off since 2020 after a hotter than expected inflation data and treasuries were mixed. The S&P 500 saw modest gains after falling over 4% the previous day. The Producer Price Index fell…
Morning Outlook 15th September, 2022
NIFTY: The NIFTY opened at 17771.15 with a big gap down of 299 points. The index found support around the opening tick and bounced up sharply after recording its intraday low at the opening tick. The rally continued and prices have filled the gap and come into positive…