Motherson Sumi Wiring India Limited (MSWIL) is a market leader in the Indian wiring harness industry with a market share of over 40%. The company is a joint venture between Samvardhana Motherson International Limited (SAMIL) and Sumitomo Wiring Systems, Ltd. (SWS). It supplies to 2 out of top…
NIFTY: The NIFTY opened at 19539.45 with a big gap down of 114 points. The index continued its bearish momentum and saw a sharp decline for the first 10 minutes of trading. Prices recorded its intraday low at 19480.50 and then bounced up sharply. The index moves above…
View on market: Volatility Prevails, Market is searching for better value Following Wall Street's lead and the Federal Reserve governors' dovish remarks on rates, Asian equities opened higher. On the backlash from Hamas' attack on Israel, oil and gold increased. After the S&P 500 reversed Monday's losses, stocks…
View on market: Volatility Prevails, Market is searching for better value As traders responded to Hamas bombings inside of Israel over the weekend that claimed hundreds of lives, oil prices increased by more than 4%. Stocks opened slightly higher in Australia, but contracts for U.S. stock futures continued…
NIFTY: The NIFTY opened at 1962120 with a gap up of 76 points. The index initially moved down but soon found support and started moving sideways which later broke on the upside. Watch Micro Picture Prices have recorded an intraday low of 19589.40 and saw a sharp upside…
Godrej Properties Limited is a leading real estate company which builds and develops township, business, and residential properties. Some of the company's residential buildings are The Trees, Godrej 101, Godrej 24, Godrej Central, Godrej Azure, and Godrej Aqua. Company’s main portfolio of properties consists of villas and residences…
Macroeconomic stability and inclusive growth are essential for a country's progress. India's policy mix has fostered macroeconomic and financial stability, and the external sector remains manageable. India is poised to become the new growth engine of the world, but it is important to remain vigilant and not give…
NIFTY: The NIFTY opened at 19521.85 with a gap up of 85 points. The index initially moved sideways which later broke on the downside and prices have started drifting downwards. Prices found support before filling up the gap and bounced up after recording its intraday low at 19487.30.…
View on market: Volatility Prevails, Market is searching for better value Before a monthly data on U.S. payrolls that would help determine the direction of Federal Reserve interest rates, shares in Asia were largely unchanged. While shares in Japan and Hong Kong equity futures clung within narrow ranges,…
NIFTY: The NIFTY opened at 19446.30 with a gap down of 82 points. The index started drifting downwards from its opening tick and saw a down move but soon started a consolidation process. That consolidation broke on the downside and prices have seen another leg of a decline.…