View on market: Stay Cautious, be with quality business: Asian equities followed US shares lower after hawkish comments from Federal Reserve officials, while the dollar touched a fresh high after a White House official ruled out a currency agreement to weaken the greenback. A gauge of Asian stocks…
NIFTY: The NIFTY opened at 17110.90 with a gap up of 94 points. Prices moved further higher but soon found resistance and turned down after recording its intraday high at 17176.45. Prices have seen a sharp intraday fall and went below 17000 by erasing all the gains. The…
View on market: Stay Cautious, be with quality business: Asian markets opened on a cautious note Tuesday following another selloff in US stocks, soaring bond yields and volatile currency markets as investors brace for a heightened risk of global recession. Shares edged higher in Japan and Australia after…
NIFTY: The NIFTY opened at 17156.30 with a big gap down of 171 points. Prices moved down but quickly turned up then again moved down after recording its intraday high at 17196.40. Prices have seen a sharp decline, breaking down at 17000 and then rising after recording its…
In the current economic scenario, the buzz is in the market that India may replicate the bull market like Japan which was the biggest rally ever seen in the history of stock markets globally. These days we are listening to a lot of analyst and their statements about…
NIFTY: The NIFTY opened at 17593.85 with a gap down of just 36 points. Prices moved further on the downside after recording its intraday high at 17642.15 within the first 5 minutes of trading. The index broke down below 17500 and then started a process of consolidation. Prices…
Granules India Ltd and its subsidiaries are primarily involved in the manufacturing and selling of Active Pharma Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs) and Finished Dosages. It manufactures several off-patent drugs, including Paracetamol, Ibuprofen, Metformin and Guaifenesin, on a large scale for customers in the regulated and rest…
View on market: Stay Cautious, be with quality business: The dollar rallied, bond yields rose and Asian shares slid amid unrelenting pressure on risk-sensitive assets as fears of faster inflation and global recession continued to rise. The pound led declines among major currencies on Monday, slumping to a…
NIFTY: The NIFTY opened at 17766.35 with a gap down of 5O points. Prices initially went up and filled the gap quickly. However, the index did not sustain at higher levels and drifted downwards. Prices have recorded its intraday high at 17838.70, saw a sharp intraday decline of…
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