View on market: Stay Cautious, be with quality business: U.S. equity futures and Treasuries fell Monday, while Asian shares were mixed, amid concerns over the prospect of aggressive Federal Reserve interest-rate hikes and stiffer sanctions on Russia. Shares were volatile in Japan, Australia and South Korea. The dollar…
April 2, 2022
Morning Outlook 4th April, 2022
NIFTY: Nifty opened at 17436.90 with a minor gap down of just 28 points. The index recorded its intraday low at 17422.70 a few ticks below the opening prices and bounced up. Prices have rallied and come close to 17500 17550 levels and then formed a narrow…
Indian Market Outlook: The Key benchmark indices rose over 3 percent during the week led by rally in Bank stocks and fall of crude oil prices. Nifty logged the second best week in nearly seven months ended the week with 3.02 percent higher at 17670.45 points while the…
SBI, the largest Indian Bank with 1/4th market share, serves over 45 crore customers through its vast network of over 22,000 branches, 62617 ATMs/ADWMs, 71,968 BC outlets, with an undeterred focus on innovation, and customer centricity, which stems from the core values of the Bank - Service, Transparency,…
April 1, 2022
Morning Outlook 1st April, 2022
NIFTY: Nifty opened at 17519.0 with a minor gap up of just 21 points. The index first moved down quickly, found support, turned up but the rally fizzled out in no time. The index recorded its intraday high at 17559.80 and turned down. Prices have broken its early…
View on market: Stay Cautious, be with quality business: Global stocks declined Friday after registering the worst quarter since the pandemic bear market, amid concerns over a tightening Fed monetary policy and Russia’s war in Ukraine. Japanese equities fell, while S&P 500 and Nasdaq 100 futures rose. Oil…
As we are entering a new financial year on a series of adverse global development of Russia invading Ukraine, Federal Reserve has already started raising interest rate after three year and have started taking of reducing their balance sheet as Annual inflation rate in the US accelerated to…
Company Recommendation CMP (Rs) Target (Rs) Upside (%) Time Horizon Divi's Laboratories Buy 4422 4920 11% 1Month Asian Paints Buy 3107 3360 8% 1Month Infosys Buy 1900 2100 11% 1Month SBI Life Insurance Buy 1119 1210 8% 1Month Larsen & Toubro Buy 1759 1940 10% 1Month Hindustan Aeronautics…
Recommendation CMP Target Price Time Horizon Accumulate ₹ 1506 Rs. 1820 12 Months Tech Mahindra Limited is a leading provider of digital transformation, consulting and business re-engineering services and solutions. It is a part of the $ 21 Billion Mahindra Group; a global federation of companies divided into…
Recommendation PRICE RANGE Target Price Time Horizon Accumulate ₹ 340 - ₹350 Rs. 420 12 Months Praj Industries is one of the most reputed & technologically advanced biotech & engineering companies in India. Co has more than 1000 customer present in 100+ countries across. They are into three…
