View on market: Stay Cautious, be with quality business: Stocks rose Wednesday bringing some relief for markets from the concerns about tightening monetary policy. Shares climbed in Japan, South Korea and Australia, while U.S. equity futures advanced. The S&P 500 closed near session highs. The Singapore-traded SGX Nifty,…
NIFTY: NIFTY opened at 17279.85 with a gap up of 66 points. The index recorded its intraday high at 17306.45 a few ticks above the opening prices and then went into consolidation. That consolidation eventually broke on the downside and prices fall further to record its intraday low…
View on market: Stay Cautious, be with quality business: Asian stocks and U.S. equity futures rose Tuesday as traders weighed the resilience of the global recovery to tightening monetary policy. Shares advanced in Japan, Australia and South Korea, shrugging off a reversal on Wall Street on Monday in…
February 8, 2022
Morning Outlook 8th February, 2022
NIFTY: NIFTY opened at 17456.30 with a gap down of 60 points. The index first moved up, filled the gap down, and rallied further up to record its intraday high at 17536.75. Prices then started moving on the downside, saw a sharp decline of more than 400 points…
Indian Market Outlook: The Key benchmark indices rose over 2 percent during the week gone by led by the growth-oriented Budget. However, in the second half of the week, the market remained under pressure due to continued FII selling, rising bond yields & crude oil prices and weak…
View on market: Stay Cautious, be with quality business: Stocks and U.S. futures dipped Monday amid intensifying bets on Federal Reserve interest-rate hikes that are also weighing on bonds. Australian debt slid and Treasuries remained lower. Shares in Japan, Australia and South Korea retreated, while S&P 500 and…
NIFTY: NIFTY opened at 17590.20 with a gap up of 30 points. The index first moved down, filled that gap, and then bounced up to record its intraday high at 17617.80. Prices then started moving on the downside again and broke down 17500 to record its intraday low…
ITC Limited is a diversified conglomerate with businesses spanning Fast Moving Consumer Goods comprising Foods, Personal Care, Cigarettes and Cigars, Branded Apparel, Education & Stationery Products, Incense Sticks and Safety Matches; Hotels, Paperboards and Packaging, Agri Business and Information Technology. The Company was incorporated on August 24, 1910…
View on market: Stay Cautious, be with quality business: U.S. equity futures and Asian stocks rose Friday as earnings from Amazon.com Inc. helped to stanch a technology rout. Worries about monetary tightening are also whipsawing markets, leaving bond yields higher. The Nasdaq 100 fell the most since 2020…
