View on market: Volatility Prevails, Market is searching for better value As investors anticipated higher interest rates and soaring oil costs following the extension of crude's one-year high, shares in Asia slumped. Japanese and New Zealand equity indices fell, while Australian stocks were unchanged after suffering losses earlier.…
NIFTY: The NIFTY opened at 19682.80 without much of a gap. The index initially moved lower but quickly turned around and started moving higher but found strong resistance near early morning highs. Prices have started a range-bound session which lasted till the afternoon. The index eventually broke on…
View on market: Volatility Prevails, Market is searching for better value As investors mull a protracted period of increasing interest rates, Asian stocks declined after Wall Street. Benchmarks dropped throughout the region, with stocks sliding in South Korea, Australia, and Japan. Tuesday saw a 1.5% decline in the…
NIFTY: The NIFTY opened at 19678.20 without much of a gap. The index initially moved sideways which eventually broke on the downside and prices have seen a mild down move. The decline found support very quickly and prices again formed a range but this time broke on the…
View on market: Volatility Prevails, Market is searching for better value Asia's stocks fell, but Treasury yields and the dollar increased, showing that investors have not yet totally adjusted their expectations for interest rates. Equity benchmarks for Hong Kong, Australia, and Japan all decreased, and the Kospi Index…
Aditya Birla Finance Limited NCD Company Profile: Aditya Birla Finance Limited ("ABFL"), a division of Aditya Birla Capital Limited, is a well-known and varied provider of non-banking financial services in India. To a wide range of clients across the nation, ABFL provides end-to-end lending, financing, and asset management…
NIFTY: The NIFTY opened at 19744.85 without much of a gap. The index initially moved up but soon found resistance and turned down. A sharp decline came that led prices towards 17950. The index found support there and started moving higher. Soon prices broke above early morning highs…
View on market: Volatility Prevails, Market is searching for better value According to a Bloomberg article, Asian stocks were set for a cautious opening while the dollar fluctuated in small ranges against its major peers early Monday. After the S&P 500 index dropped on Friday to end its…