Indian equity indices ended with substantial losses on Thursday. Nifty opened at 22212.35, a gap up of 64.45 points from Tuesday's close and made an intraday high of 22326.50 and closed at 21995.85 down 152.05 points or 0.69%. The loss were majorly due to decline in heavy-weight stocks…
View on market: Volatility Prevails, Market is searching for better value The majority of Asia-Pacific share indices were up as investors anticipated the profits of large IT companies. The KOSPI index was trading 31.48 points, or 1.22% higher, at 2,615.66, while the Nikkei 225 was trading 130.19 points,…
Nifty opened at 22125.30, a gap down of 147.20 points from Monday's close following the sell off in global markets and closed at 22147.90 down 124.60 points or 0.56%. The loss were majorly due to decline in heavy-weight stocks like Infosys, ICICI Bank, TCS, L&T and Bajaj Finance.…
Nifty opened at 22339.05, a gap down of 180.35 points from Friday's close due to raised tension in the Middle East and closed at record level of 22272.50 down 246.90 points or 1.10%. The loss were majorly due to decline in heavy-weight stocks like HDFC Bank, ICICI Bank,…
View on market: Volatility Prevails, Market is searching for better value Benchmarks across Asia-Pacific region were trading lower for second session in a row Tuesday, tracking overnight losses on Wall Street. Traders are awaiting a slew of economic data from China, including GDP, retail sales. The Nikkei 225…
View on market: Volatility Prevails, Market is searching for better value Early trading on Monday saw a decline in markets throughout the Asia-Pacific area due to a risk-off attitude as geopolitical tension increased following Iran's strike on Israel over the weekend. As of 06:28 a.m., the Nikkei 225…
View on market: Volatility Prevails, Market is searching for better value The majority of share indices in the Asia-Pacific area were trading down due to market participants retreating from their bets on a Federal Reserve rate decrease. This was due to consecutively solid economic data from US. As…
Nifty opened at 22720.25, a gap up of 77.50 points from Tuesday's close and made fresh high of 22,775.70 and again closed at record level of 22753.80 up 111.05 points or 0.49%. The gains were majorly due to rise in heavy-weight stocks like Reliance Industries, ITC, Bharti Airtel,…
Muthoot Fincorp Limited NCD Company Profile: Muthoot Fincorp Limited (“MFL”) is a non-deposit-taking, systemically important NBFC registered with the RBI. The company primarily offers personal and business loans secured by gold ornaments and jewelry. As of September 30, 2023, the company had ~31.68 lakhs of loan accounts in…