Disclosure in pursuance of Section 19 of SEBI (RA) Regulation 2014 Elite Wealth Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Limited may/may not have a conflict of interest that could affect the objectivity of…
December 8, 2021
Morning Outlook 8th December, 2021
NIFTY: NIFTY opened at 17044.10 with a gap up of 132 points. The index moved down for the first 15 minutes of trading and recorded its intraday low at 16987.75. The index then moved up. Prices have seen a sharp intraday rally of more than 250 points and…
View on market: Stay Cautious, be with quality business: Asian stocks opened higher after technology shares led U.S. equities to their biggest rally in nine months as traders bet the omicron Covid variant won’t stall the global recovery. Treasury yields pared an advance. Equity benchmarks rose in Japan,…
December 7, 2021
Morning Outlook 7th December, 2021
NIFTY: NIFTY opened at 17209.05 with a gap up of just 13 points. The index recorded its intraday high at 17216.75 within the first five minutes of trading started drifting downwards. Prices kept on falling throughout the day. Minor rallies fizzled out quickly and the index recorded its…
Company Recommendation Acc. (Rs) Target (Rs) Upside (%) Time Horizon United Spirits Accumulate Rs. 854 - 864 970 13% 1Month Bharti Airtel Accumulate Rs. 687 -697 780 15% 1Month Larsen & Toubro Accumulate Rs. 1748 - 1766 2000 14% 1Month ICICI Bank Accumulate Rs. 695 - 703 800…
View on market: Stay Cautious, be with quality business: Most Asian stocks rose at the open Tuesday after U.S. equities rebounded and China pledged measures to support slowing economic growth. Treasuries steadied after tumbling. Equity benchmarks advanced in Japan and Australia, while South Korea was little changed. U.S.…
IPO Note Shriram Properties Ltd Rs 113 - Rs 118 per Equity share Recommendation: Listing Gain Shriram Properties Ltd IPO Company Profile: - Shriram Properties come from the table of Shriram Group which is one the largest south India’s conglomerate with four decade of operation, company is one…
View on market: Stay Cautious, be with quality business: Asian stocks fell as investors weighed uncertainties about the omicron variant and looked to U.S. inflation data amid the Federal Reserve’s hawkish tilt. Treasuries pared some of Friday’s rally. Equity benchmarks dropped in Japan, South Korea and Australia. S&P…
Indian Market Outlook: The Key benchmark indices fell over 1 percent on Friday trading session due to the fear of rising Omicron variant Covid cases worldwide and Fed tapering concerns however over the week able to gain over 1 percent with strong macro numbers reported in the week…