NIFTY: NIFTY opened at 17590.20 with a gap up of 30 points. The index first moved down, filled that gap, and then bounced up to record its intraday high at 17617.80. Prices then started moving on the downside again and broke down 17500 to record its intraday low…
ITC Limited is a diversified conglomerate with businesses spanning Fast Moving Consumer Goods comprising Foods, Personal Care, Cigarettes and Cigars, Branded Apparel, Education & Stationery Products, Incense Sticks and Safety Matches; Hotels, Paperboards and Packaging, Agri Business and Information Technology. The Company was incorporated on August 24, 1910…
View on market: Stay Cautious, be with quality business: U.S. equity futures and Asian stocks rose Friday as earnings from Amazon.com Inc. helped to stanch a technology rout. Worries about monetary tightening are also whipsawing markets, leaving bond yields higher. The Nasdaq 100 fell the most since 2020…
NIFTY: NIFTY opened at 17767.75 with a gap down of just 13 points. The index recorded its intraday high at 17781.15 with in the he first 5 minutes of trading and a few ticks above the opening price. Prices then started moving on the downside. Minor dips in…
View on market: Stay Cautious, be with quality business: The rally in global stocks faltered Thursday following disappointing earnings from technology stocks in the U.S. Shares fell in Japan and Australia. South Korea reopened from a holiday and pushed higher. Hong Kong and China remain shut. U.S. shares…
February 2, 2022
Morning Outlook 3rd February, 2022
NIFTY: NIFTY opened at 17706.20 with a big gap up of 130 points. The index initially went down for the first 10 minutes of trading and recorded its intraday low at 17674.80. Prices then consolidated and then again went down. However, the index finds support there and bounced…
Result Analysis: HDFC Ltd. Result Update Q3FY22 Particulars (In ₹. Cr) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Interest Income 11055.15 10578.96 10710.18 4.50% 3.22% Dividend Income 195.46 1171.26 2.22 -83.31% 8704.50% Other Income 541.60 476.16 1003.94 13.74% -46.05% Total Income 11792.21 12226.38 11716.34 -3.55% 0.65% Interest Expenses 6873.05…
View on market: Stay Cautious, be with quality business: Asian stocks rose Wednesday amid a recovery in U.S. shares spurred by the corporate earnings outlook and signs that Federal Reserve officials favor measured monetary-policy tightening. Equities advanced in Japan and Australia, among the few markets open in Asia…
February 2, 2022
Morning Outlook 2nd February, 2022
NIFTY: NIFTY opened at 17529.45 with a big gap up of 190 points. The index rallied further in its initial trades and then went into a process of consolidation. Prices have recorded its intraday high at 17622.40 and then broke on the down side. A sharp decline of…
Company Recommendation CMP (Rs) Target (Rs) Upside (%) Time Horizon ICICI Bank Buy 810 880 8% 1Month State Bank of India Buy 532 585 9% 1Month Reliance Industries Buy 2378 2650 10% 1Month Tata Motors Buy 504 565 11% 1Month ICICI Securities Buy 727 790 8% 1Month L…