Recommendation CMP Target Price Time Horizon Accumulate Rs. 580 Rs. 720 12 Months KPIT Technologies Limited is an Indian multinational corporation that focuses on power train Conventional and electrical, autonomous technology (vision and control systems), connectivity and diagnostics software. The company’s focus sub verticals are Commercial vehicle, Passenger…
December 29, 2021
Market View 29th December, 2021
View on market: Stay Cautious, be with quality business: Asian stocks were mixed Wednesday after a megacap technology selloff weighed on U.S. equities. Japanese shares fluctuated, Australia climbed after a holiday break and South Korea declined. U.S. futures rose, suggesting the S&P 500 and the Nasdaq 100 might…
NIFTY: NIFTY opened at 17177.60 with a gap up of 91points.Initially,the index consolidated in a tight range and then started moving on the upside. Prices have recorded its intraday high at 17250.25 and then started drifting downwards. The index broke early morning lows and recorded its intraday low…
NIFTY: NIFTY opened at 16937.75 with a gap down of 66 points. The index moved further on the downside for the first 10 minutes of trading and recorded its intraday low at 16833.20. Prices have found support there and bounced up. The index quickly erased all the loss…
View on market: Stay Cautious, be with quality business: Most Asian stocks rose Tuesday after S&P 500 posted its 69th record close this year. Equities climbed in Japan but dipped in South Korea, while U.S. futures inched lower. Hong Kong will reopen after a holiday and Australia remains…
Journey of Indian Stock Market in CY21 and Outlook for CY22 Rally of the Market In Year 2021, Indian Stock Market was one of the best performing market in the world, Nifty gave return of 26% YTD this year while mid and small cap perform better than largecap.…
Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions. The Company's segments include banking, finance and insurance services (BFSI); manufacturing; retail and consumer packaged goods (CPG); telecom, media and entertainment, and others, such as energy, resources and utilities, hi-tech, life…
NIFTY: NIFTY opened at 17149.50 with a gap up of 77 points. The index recorded its intraday high at 17155.60 within the first five minutes of trading and then started drifting downwards. A sharp decline of almost 250 points in one and half hours of trading and the…
View on market: Stay Cautious, be with quality business: Most Asian stocks fell Monday, while U.S. equity futures rose, amid rise in coronavirus cases due to omicron variant and a pledge of greater economic support from China’s central bank. Shares in Japan retreated, while South Korea fluctuated. S&P…