View on market: Stay Cautious, be with quality business: Asian stocks rose Wednesday amid a recovery in U.S. shares spurred by the corporate earnings outlook and signs that Federal Reserve officials favor measured monetary-policy tightening. Equities advanced in Japan and Australia, among the few markets open in Asia…
February 2, 2022
Morning Outlook 2nd February, 2022
NIFTY: NIFTY opened at 17529.45 with a big gap up of 190 points. The index rallied further in its initial trades and then went into a process of consolidation. Prices have recorded its intraday high at 17622.40 and then broke on the down side. A sharp decline of…
Company Recommendation CMP (Rs) Target (Rs) Upside (%) Time Horizon ICICI Bank Buy 810 880 8% 1Month State Bank of India Buy 532 585 9% 1Month Reliance Industries Buy 2378 2650 10% 1Month Tata Motors Buy 504 565 11% 1Month ICICI Securities Buy 727 790 8% 1Month L…
Union Budget for 2022-23 is based on PM Gati Shakti (Infrastructure), Inclusive Development, Productivity Enhancement, Sunrise Opportunities, Energy Transition, Climate Action and Financing of investments. This Year Modi Government presented growth-oriented budget where their complete focus was to increase capital expenditure with key focus area infrastructure which creates major…
View on market: Stay Cautious, be with quality business: Asian stocks on Tuesday rose, aided by spillover effects from the technology-led rally in the U.S. spurred by dip buyers. The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index's performance, rose nearly 1% to 17,517.50 as…
NIFTY: NIFTY opened at 17301.05 with a big gap up of 200 points. The index first consolidated in a narrow range and recorded its intraday low at 17364.15. The consolidation broke on the upside and prices have seen a sharp rally of more than 100 points to record…
Result Analysis: Sun Pharmaceutical Ltd. Result Update Q3FY22 Particulars (In ₹. Cr) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue From Operation 9814.17 9556.74 8808.83 2.69% 11.41% Other Operating Revenue 48.89 69.19 27.95 -29.34% 74.92% Other Income 432.50 222.89 314.95 94.04% 37.32% Total Income 10295.56 9848.82 9151.73…
Indian Market Outlook: The Key benchmark indices fell over 2 percent during the week gone by led by anticipation of the US Federal Reserve's stance, rising crude oil prices and growing concerns in Ukraine over a potential war with Russia. To tackle soaring inflation, the Fed signalled its…
View on market: Stay Cautious, be with quality business: Asian stocks were mixed and U.S. equity futures slipped Monday after a Federal Reserve official flagged the possibility of sharper interest-rate increases and Chinese data signaled slower economic growth. Shares rose in Japan and fluctuated in Australia, while S&P…
January 29, 2022
Morning Outlook 31st January, 2022
NIFTY: NIFTY opened at 17208.30 with a gap up of 98 points. The index continued its bullish momentum and rallied further more than 150 to Record its intraday high at 17373.50. Prices then started a process of consolidation in a tight narrow range that eventually broke on the…
