View on market: Stay Cautious, be with quality business: The dollar rose in early trading on Monday, adding to a third week of gains as hawkish comments by Federal Reserve officials and geopolitical tensions bolstered the appeal of the greenback. Shares fell in Japan and Australia, along with…
NIFTY: The NIFTY opened at 17974.85 with a gap down of 61 points. The index initially moved up, filled the gap, and then started finding resistance there. The NIFTY opened at 17974.85 with a gap down of 61 points. The index initially moved up, filled the gap, and…
Tata Chemicals Limited (TCL) is one of the oldest company of the Tata Group, they are the third largest soda Ash and sixth largest sodium bicarbonate producer in the world. The company has divested all its non-core business and are now scaling up the core basic and specialty…
NIFTY: The NIFTY opened at 18094.75 with a gap up of 79 points. The index continued moving higher but soon faces resistance and started a consolidation process. The index broke on the downside after recording its intraday high at 18134.75. Prices saw a decline that lasted till the…
View on market: Stay Cautious, be with quality business: Asia markets declined, following a drop in the U.S. benchmarks after comments by two Federal Reserve officials that they were considering 50 basis-point interest rate hikes to battle persistently high inflation. The S&P 500 Index lost 1.4% and the…
NIFTY: The NIFTY opened at 17896.60 with a gap down of just 33 points. The index remained weak for the first few minutes of trading and recorded its intraday low at 17853.80.Prices have bounced up and went above 17900. The index then started a consolidation process for the…
February 16, 2023
Market View 16th February 2023
View on market: Stay Cautious, be with quality business: Asian markets were set to open higher after the U.S. shares climbed and Treasuries sold off as investors weighed fresh data that indicated further Federal Reserve tightening ahead. The S&P 500 climbed 0.3% to close at its session high…
Result Analysis: Torrent Power Ltd. (CMP: Rs.456.9) Result Update: Q3FY23 Torrent Power Limited is an integrated power utility company of the ₹ 23,500 Crs Torrent Group, and is one of the largest companies in the country’s power sector with highly efficient generation assets and presence across the entire…
NIFTY: The NIFTY opened at 17840.35 with a gap up of 70 points. The index initially consolidated and then broke on the upside and rallied higher. Prices have recorded its intraday low at 17800.05, saw a steady upside throughout the day, and went above 17900. The index recorded…
View on market: Stay Cautious, be with quality business: Asian markets are primed for a cautious open after a choppy day on Wall Street ended flat as investors balanced hot inflation data with Federal Reserve commentary suggesting US interest rates may soon peak. The U.S. futures edged lower…