NIFTY: NIFTY opened at 17997.75 without much of a gap. The index slightly moved lower in the first hour of trading and recorded its intraday low at 17964.40. Prices have found support there and bounced up. A rally broke early morning highs and brought the index to its…
NIFTY: NIFTY opened at 17913.30 with a gap up of 101 points. The index first moved down and recorded its intraday low at 17879.15, Prices found support there and went up. The index came close to a psychological level of 18000 and then took a pause. A sideways…
View on market: Stay Cautious, be with quality business: Asian stocks opened mostly lower Tuesday after the S&P 500 closed lower for the fifth consecutive session. Japan shares declined and Australian equities also fell while South Korea advanced. U.S. contracts were volatile after the S&P 500 posted its…
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Devyani International is an associate company of RJ Corp, the largest bottling partner of food and beverages (F&B) major PepsiCo. The company is the largest franchisee of Yum Brands, operating core brands such as Pizza Hut, KFC, Costa Coffee. Company DEVYANI Recommendation Accumulate (CMP) SL Rs.168 Target Price…
View on market: Stay Cautious, be with quality business: Stocks are starting the week weaker as investors brace for bond-market volatility and assess the economic hit from the rapidly spreading Covid omicron variant. Shares edged lower in Australia and South Korea. U.S. futures slipped after the S&P 500…
NIFTY: NIFTY opened at 17797.60 with a gap up of 52 points. The index continued the strong momentum and rallied further to record its intraday high at 17905. Prices have found resistance there and started drifting downwards. A sharp decline of almost 200 points brought prices to its…
NIFTY: NIFTY opened at 17768.50 wit ha big gap down of 157 points. The index moved further on the downside and recorded its intraday low at 17655.50. Prices have found intraday support and then consolidated. That consolidation broke on the upside and prices have seen an upside move…
View on market: Stay Cautious, be with quality business: Asian stocks and U.S. futures rose as markets rebounded from Thursday's selloff. Shares climbed in Australia, South Korea and Japan. S&P 500 futures saw modest gains. The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index's performance,…
NIFTY: NIFTY opened at 17820.10 with a gap up of just 15 points. 56 points. The index first moved down and recorded its intraday low at 17748.85 within the first 30 minutes of trading. The index then went into a process of consolidation. That consolidation eventually broke on…
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