View on market: Stay Cautious, be with quality business: Stocks in Asia dropped following after another down day for US equities, with Treasury yields at the highest level since the global financial crisis. Hawkish remarks from Federal Reserve officials and swaps pricing in a 5% peak policy rate…
NIFTY: The NIFTY opened at 17423.10 with a gap down of 89 points. The index initially moved sideways and then went higher after recording its intraday low at 17421. Prices came close to 17500 and then again started consolidating almost the whole afternoon. This sideways movement was eventually…
BIBA Fashion Limited IPO Company Profile : BIBA Fashion Limited is one of the largest lifestyle brands in the women’s Indian wear market in India in terms of market share. Launched in 1986, the flagship brand, BIBA, is a ‘category creator’ in the women’s Indian wear segment benefiting…
View on market: Stay Cautious, be with quality business: Asian stocks followed Wall Street lower amid Treasury yields at multiyear highs and strong inflation that’s driving hawkish monetary policy. Shares opened lower in Japan, South Korea and Australia while futures for Hong Kong fell. India benchmarks gauges registered…
NIFTY: The NIFTY opened at 17568.50 with a gap up of 82 points. The index initially moved sideways and then went higher. Prices went above 17600 and then turned down. The index recorded its intraday high at 17607.60, saw a sharp dip of more than 100 points, and…
View on market: Stay Cautious, be with quality business: Asian stocks had a mixed open on Wednesday as traders assessed a solid start to the corporate-earnings season that helped extend a rally in US markets. Equities in Japan and Australia advanced, while South Korean stocks fluctuated. In the…
NIFTY: The NIFTY opened at 17438.75 with a big gap up of 127 points. The index initially moved higher after recording its intraday low at 17434.05 in its early trades. The index crossed above 17500 and then went higher to record its intraday high at 17527.80. Prices faced…
NIFTY: The NIFTY opened at 17144.80 with a gap down of 41 points. The index initially moved down, found support quickly around 17100, and started moving on the upside. Prices recorded its intraday low at 17098.55 in the morning and rallied near 17300 comfortably. The index went sideways…