RBI today said that by the end of yet another turbulent year, the global economy is still marred by profound shocks and unprecedented uncertainty, there are mixed signals emanating from the geopolitical situation and financial market volatility. Though international energy, food, and other commodity prices have eased moderately…
NIFTY: The NIFTY opened at 18600.65 with a gap down of 101 points. The index initially moved down but soon found support and bounced up after recording its intraday low at 18577.90. A rally started which took prices above the opening tick. The momentum was very weak so…
View on market: Stay Cautious, be with quality business: U.S. stocks dipped with as bank CEOs raised alarm over downbeat economic conditions. The S&P 500 fell 1.3% and the tech-heavy Nasdaq fell 1.7%. Yield on 10-year Treasuries declined one basis point to 3.56%. Oil fell 3.6% amid broader…
NIFTY: The NIFTY opened at 18719.55 with a gap up of just 23 points. The index initially moved down after recording its intraday high at 18728.60 a few ticks above the opening price. A sharp decline came in the first hour of trading and prices recorded its intraday…
Company Recommendation Buy (Rs) Target (Rs) Upside (%) Time Horizon Asian Paints Buy 3156 3472 10% 1 Month Infosys Buy 1643 1807 10% 1 Month ITC Buy 336 371 10% 1 Month LTIMindtree Buy 4975 5473 10% 1 Month Maruti Suzuki Buy 8797 9677 10% 1 Month…
View on market: Stay Cautious, be with quality business: Asian stocks followed US shares lower after unexpectedly strong services data bolstered the case for the Federal Reserve to deliver higher interest rates. Oil fell 2.7% on weaker equity market conditions and sell-off ahead of the end of the…