View on market: Volatility Prevails, Market is searching for better value After Jerome Powell, the chair of the Federal Reserve, hinted that rate reduction are expected this year, share indices in the Asia-Pacific region recovered from sell-offs on Thursday. As of 06:32 a.m., the Nikkei 225 was up…
Nifty opened at 22458.80, marginally down from yesterday’s close and made intraday high of 22497.60 and remain in a tight range same as yesterday and close at 22453.30 down 8.70 points. Banking shares’ heavyweights like ICICI Bank, Axis bank, Kotak were under pressure while PSU banks along with…
View on market: Volatility Prevails, Market is searching for better value Benchmarks in the Asia-Pacific area were trading lower after data revealed that the number of new jobs created in the United States in February stayed mostly steady, confirming the strength of the labor market. At 39,533.59, the…
Nifty opened at 22455 today, 128 points higher and made all time high of 22529.95 in SPOT nifty but after making fresh highs it remain in a tight range of 50 points, Key heavyweights like HDFC Bank, LT, TCS, ICICI Bank and Axis Banks witnessed buying interest which…
View on market: Volatility Prevails, Market is searching for better value Early on Tuesday, most Asia-Pacific markets saw gains as investors awaited employment statistics that would provide more clarity on the state of the US labor market. At 06:32 a.m., the Nikkei 225 index was trading 288.57 points,…
View on market: Volatility Prevails, Market is searching for better value Asia's markets began trading higher on Monday morning as risk appetite increased following data that indicated China's industrial activity had recovered from a five-month downturn. As of 06:35 a.m., the Nikkei 225 was up 59.04 points, or…
NIFTY: The NIFTY opened at 22163.60 with a gap up of 40 points. The index continued its early morning bullish momentum and saw a sharp upside rally but found resistance in the afternoon session. Prices have formed a consolidation which eventually broke on the upside. Prices have seen…
Sun Pharmaceuticals Limited is the fourth largest specialty generic pharmaceutical company in the world having its operations in 80+ countries. The company has diversified business of speciality portfolio, branded generics, generics and APIs. In branded markets, their products are prescribed in chronic therapy areas like cardiology, psychiatry, neurology,…
Company Recommendation Buy (Rs.) Target (Rs.) Upside (%) Time Horizon Havells India Buy 1,515 1,700 12% 1 Month Honeywell Automation Buy 38,687 43,500 11% 1 Month ICICI Bank Buy 1,093 1,202 10% 1 Month ITC Buy 428 467 9% 1 Month Reliance Industries Buy 2,971 3,280 10% 1…