View on market: Stay Cautious, be with quality business: Asian stocks rose Wednesday after U.S. equities rebounded as traders weigh the resilience of the economic recovery to elevated inflation fanned by surging energy costs. Treasury yields advanced and the dollar held a climb. Shares rose in Japan and…
Morning Outlook 5th October 2021
NIFTY: The Nifty opened at 17615.55 with a gap up of 83 points. The index recorded its intraday low at 17581.35 within the first 5 minutes of trading and then rallied further on the upside. Prices have recorded its intraday high at 17750.90 and then saw a sharp…
View on market: Stay Cautious, be with quality business: A global selloff in stocks continued in Asia on Tuesday amid concern that surging prices for raw materials such as crude oil will stoke inflation and sap economic momentum. Shares declined in Japan, South Korea and Australia. U.S. contracts…
Morning Outlook 4th October 2021
NIFTY: The Nifty opened at 17531.9 with a gap down of 87 points. Prices fell further on the downside for the next one hour of trading and recorded its intraday low at 17452.90. The decline did not sustain afterward and prices have seen a sharp rally of almost…
View on market: Stay Cautious, be with quality business: Asian stocks started the week with gains after their U.S. peers closed higher Friday, as prospects for a pickup in growth outweighed concern over inflation pressures. Shares rose in Japan and Australia, and U.S. futures advanced. Mainland Chinese markets…
CyberTech Systems and Software Limited provides information technology (IT) services to customers primarily in the United States and India with focus on geospatial, networking and enterprise IT solutions. The Company is engaged in computer programming and related activities. The Company offers software development services. Company CYBERTECH Recommendation…
View on market: Stay Cautious, be with quality business: Asian stocks started October on the back foot, after their U.S. peers capped their biggest monthly selloff since March 2020 with further losses. Shares dropped in Japan and Australia, while U.S. futures fluctuated in early Asia trading. China begins…
Morning Outlook 1st October 2021
NIFTY: The Nifty opened at 17718.9 without much of a gap. Prices have moved very volatile in the first half and remained range bound. In this process prices have recorded its intraday high at 17742.15. The consolidation broke on the downside in the afternoon and prices have seen…
Company Recommendation CMP (Rs)/Acc. Target (Rs) Upside (%) Time Horizon ONGC Buy 144.3 160 11% 1Month State Bank of India Buy 453 520 15% 1Month Birla Corporation Buy 1421 1520 7% 1Month National Aluminium Buy 93.55 105 12% 1Month Coromandel International Buy 794.85 920 16% 1Month Rallis India…
View on market: Stay Cautious, be with quality business: Asian stocks were off to a muted start after U.S. equities pared most of their gains as a rally in technology shares petered out. Japan was little changed as the ruling party’s new leader, who is set to become…