View on market: Stay Cautious, be with quality business: Asian equities rose on Thursday amid fall in oil prices below $100 per barrel even as the minutes from the latest FOMC meeting highlighted the possibility of a 'more restrictive' monetary policy. Shares gained in Japan, South Korea and…
NIFTY: Nifty opened at 15909.15 with a gap up of 74 points. The index continued its bullish momentum and rallied further towards the resistance around the 16000 level. Prices then consolidated there for almost the whole afternoon and eventually broke on the downside after recording its intraday high…
July 5, 2022
Morning Outlook 5th July, 2022
NIFTY: Nifty opened at 15710.50 with a gap down of just 42 points. The index attempted to move higher but failed to do so and fell further for the first hour of trading. The index found support around 15650 and bounced up after recording its intraday low at…
View on market: Stay Cautious, be with quality business: Asian stocks opened with gains Tuesday as investors evaluate the possible scrapping of some US tariffs on Chinese consumer goods. The Nikkei, Topix, Kospi rose while S&P ASX 200 advanced. Japan and China are set to release PMI reading…
View on market: Stay Cautious, be with quality business: Asian stocks advanced on Monday, amid volatility in equity, bond, currency and commodity markets. Equities in Japan and Australian rose 1% each after a decline in S&P 500 and Nasdaq 100 contracts. The Wall Street ended in the green…
NIFTY: Nifty opened at 15703.70 with a gap down of 77 points. The index was initially consolidated and then turned down. Prices have seen a sharp decline of more than 200 points. moved up towards 15900 and faces resistance around this level. Prices have found an intraday support…
Company Recommendation CMP (Rs) Target (Rs) Upside (%) Time Horizon Reliance Industries Buy 2406 2630 9.3% 1Month Indian Oil Corporation Buy 74.7 82 9.8% 1Month Schaeffler India Buy 2260 2430 7.5% 1Month Bharat Electronics Buy 229.7 248 8.0% 1Month Bharti Airtel Buy 673 720 7.0% 1Month Praj Industries…
JK Paper Ltd. has two large integrated paper manufacturing units – JK Paper Mills, Rayagada, Odisha and Central Pulp Mills, Songadh, Gujarat with a combined capacity of 4,55,000 TPA. It is the market leader in Branded Copier paper segment and among the top two players in Coated Paper…
NIFTY: Nifty opened at 15774.50 with a minor gap down of 25 points. The index initially moved up towards 15900 and faces resistance around this level. Prices have recorded its intraday high at 15890 and then turned down by more than 150 points. The index has seen a…