NIFTY: The NIFTY opened at 18552.45 without much of a change. The index initially moved higher very sharply after recording its intraday low at 18552.15 in its initial trades. Prices rallied in the first half and then started facing intraday resistance around 18680. The index consolidated for a…
View on market: Stay Cautious, be with quality business: Asian stocks followed US equities lower as investors weighed Covid developments in China and awaited a speech from Federal Reserve Chair Jerome Powell later Wednesday. Shares fell in Japan, South Korea and Australia while futures contracts for Hong Kong…
Samco ELSS Tax Saver Fund NFO Company Profile: Samco Mutual Fund is a HexaShield Tested mutual fund, managed by Samco Asset Management Private Limited which is sponsored by one of India’s leading equity brokerage firms, Samco Securities Limited. At Samco Mutual Fund, the aim is to execute the…
View on market: Stay Cautious, be with quality business: Stocks opened on a cautious note in Asia on Tuesday after Federal Reserve officials stressed that more interest rate hikes were coming and as Covid protests eased in China amid a heavy police presence on city streets. Elsewhere, oil…
NIFTY: The NIFTY opened at 18430.50 with a gap down of 82 points. The index initially moved higher after recording its intraday low at 18365.60 in its initial trades. Prices have filled the gap quickly, then consolidate, and then broke on the upside. A sharp rally came and…
View on market: Stay Cautious, be with quality business: Shares were under downward pressure and the dollar climbed as markets opened Monday to news of growing unrest in China over Covid restrictions. The dollar benefited from haven demand and made some of its biggest early gains against the…
NIFTY: NIFTY opened at 18528.45 with a gap up of 44 points. The index initially moved lower but soon found support and started a consolidation process after recording its intraday low at 18445.10. Prices have bounced up in the afternoon. A modest rally came with lots of choppiness…