View on market: Stay Cautious, be with quality business: Asia markets were set to rise after U.S. technology shares drove gains on Wall Street, despite pressure on financials after Federal Reserve officials reiterated their resolve to lower inflation. Alibaba Group Holding Ltd.’s logistics arm Cainiao Network Technology Co.…
NIFTY: The NIFTY opened at 16977.30 with a gap up of just 26 points. The index initially went up but soon found resistance around 17050 and started drifting downwards. Prices have erased all the gains and went towards 16900 but turned around before reaching there. The index recorded…
NIFTY: The NIFTY opened at 17031.75 with a gap up of 46 points. The index could not sustain at the higher levels and started drifting downwards from the opening tick. Prices have recorded its intraday high at 17061.75 in its initial trades, saw a sharp decline, and filled…
View on market: Stay Cautious, be with quality business: Chinese technology shares are set to rally Wednesday as a reorganization of Alibaba provides a bright spot in Asian stocks following a decline in U.S. equities. On the other hand, a slide in technology shares halted a three-day advance…
NIFTY: The NIFTY opened at 16984.30 with a gap up of 39 points. The index initially moved lower, filled the gap but soon found support and started an upside move. The rally faced strong resistance around 17050 and started a consolidation process within the 16980-17050 range. That range…
View on market: Stay Cautious, be with quality business: U.S. stocks rose on the back of gains in financial shares even as tech stocks retreated from last week’s rally. The S&P 500 rose 0.2%, while the tech-heavy Nasdaq 100 fell 0.8% by 12.47 p.m. in New York. The…
Pidilite Industries Limited is an Indian company that manufactures adhesives and other products such as art materials, stationery, food and fabric care, car products, pigments, textile resins, leather chemicals, and construction chemicals. The company is headquartered in Andheri (East), Mumbai and is the dominant adhesives company in India.…
NIFTY: The NIFTY opened at 17076.20 without any gap. The index initially moved lower but soon found support around 17000 and started a process of consolidation. That consolidation eventually broke on the downside in the afternoon after the index recorded its intraday high at 17109.45 in its initial…
View on market: Stay Cautious, be with quality business: Australian shares opened marginally higher while the futures for other Asian markets pointed to mixed sentiment.Australian shares opened marginally higher while the futures for other Asian markets pointed to mixed sentiment. U.S. stock futures made small gains while a…