Sovereign Gold Bond 2021-22 Series IX will be open for subscription from Monday, january 10 2022 to Friday, january 14, 2022. In this regard, Product Note and Process flow for subscription and issuance of Sovereign Gold Bonds are as follows: Sovereign Gold Bond 2021-22 Series IX Wants To…
Devyani International is an associate company of RJ Corp, the largest bottling partner of food and beverages (F&B) major PepsiCo. The company is the largest franchisee of Yum Brands, operating core brands such as Pizza Hut, KFC, Costa Coffee. Company DEVYANI Recommendation Accumulate (CMP) SL Rs.168 Target Price…
View on market: Stay Cautious, be with quality business: Stocks are starting the week weaker as investors brace for bond-market volatility and assess the economic hit from the rapidly spreading Covid omicron variant. Shares edged lower in Australia and South Korea. U.S. futures slipped after the S&P 500…
January 10, 2022
Morning Outlook 10th January, 2022
NIFTY: NIFTY opened at 17797.60 with a gap up of 52 points. The index continued the strong momentum and rallied further to record its intraday high at 17905. Prices have found resistance there and started drifting downwards. A sharp decline of almost 200 points brought prices to its…
January 7, 2022
Morning Outlook 7th January, 2022
NIFTY: NIFTY opened at 17768.50 wit ha big gap down of 157 points. The index moved further on the downside and recorded its intraday low at 17655.50. Prices have found intraday support and then consolidated. That consolidation broke on the upside and prices have seen an upside move…
View on market: Stay Cautious, be with quality business: Asian stocks and U.S. futures rose as markets rebounded from Thursday's selloff. Shares climbed in Australia, South Korea and Japan. S&P 500 futures saw modest gains. The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index's performance,…
January 6, 2022
Morning Outlook 6th January, 2022
NIFTY: NIFTY opened at 17820.10 with a gap up of just 15 points. 56 points. The index first moved down and recorded its intraday low at 17748.85 within the first 30 minutes of trading. The index then went into a process of consolidation. That consolidation eventually broke on…
View on market: Stay Cautious, be with quality business: Stocks in Asia declined after a selloff in U.S. technology shares and Treasuries intensified after Federal Reserve minutes signaled interest-rate hikes may be more aggressive than expected. Equities retreated in Japan, Australia and South Korea. U.S. contracts fluctuated after…
NIFTY: NIFTY opened at 17681.40 with a gap up of 56 points. The index first moved down, filled that gap, and recorded its intraday low at 17593.55 within the first 30 minutes of trading. The index then went up, recovered all the losses, and then went into a…
January 5, 2022
Market View 5th January, 2022
View on market: Stay Cautious, be with quality business: Stocks in Asia opened mixed Wednesday amid concerns over interest rates increases that dragged down U.S. stocks from a record. Shares in Japan were volatile, while they fell in Australia and South Korea. U.S. futures dipped after a tech…