NIFTY: The Nifty opened at 18097.85 with a gap up of more than 100 points. Prices first moved down almost 50 points and recorded its intraday low at 18050.75. The index found some support there and began to rise. A rally of almost 150 points from the…
View on market: Stay Cautious, be with quality business: Stocks rose Thursday as traders assessed the durability of the economic recovery to inflationary pressures and a looming reduction in the Federal Reserve’s pandemic-era stimulus. Equities climbed in Japan, South Korea and Australia. U.S. futures pushed higher after Wall…
View on market: Stay Cautious, be with quality business: Asian stocks were mixed Wednesday as traders weigh the impact of elevated inflation on the economic recovery and look ahead to earnings reports. Longer term Treasury yields declined. Shares retreated in Japan, edged up in South Korea and fluctuated…
NIFTY: The Nifty opened at 17915.80 with a gap down of just 20 points. The index shows some strength by moving higher by almost 100 points but that rally fizzled out quickly. Prices have seen a decline of 130 points and recorded its intraday low at 17864.95 just…
Result Analysis: HFCL Ltd. Result Update Q2FY22 Particulars (In Rs. Cr.) Q2FY22 Q1FY21 Q2FY21 QoQ % YoY% Revenue from Operations 1122 1207 1054 -7.03% 6.43% Other Income 4 5 12 -22.64% -65.83% Total Income 1126 1212 1066 -7.09% 5.62% Total Expense 953 1021 929 -6.63% 2.59% EBITDA 173…
NIFTY: The Nifty opened at 17867.55 without much of a gap. The index recorded its intraday low at 17839.10 and then started moving on the upside. The index witnessed a sharp upside move of more than 150 points, went above the 18000 mark and recorded its intraday high…
View on market: Stay Cautious, be with quality business: Most Asian stocks dipped Tuesday on concerns about elevated inflation stoked by energy costs and the possibility of a widening Chinese crackdown on private industry. Treasury yields were steady. Shares fell in Japan and South Korea, but edged up…
Result Analysis: Tata Consultancy Services Ltd. Result Update Q2FY22 Particulars (In Rs. Cr.) Q2FY22 Q1FY21 Q2FY21 QoQ % YoY% Revenue from Operations 46,867 45,411 40,135 3.21% 16.77% Other Income 1,111 721 914 54.09% 21.55% Total Income 47,978 46,132 41,049 4.00% 16.88% Employee Benefit Expenses 26,384 25,649 22,665…
NIFTY: The Nifty opened at 17886.85 with a gap up of 96 points. The index continued the bullish momentum and rallied further on the upside to record its intraday high at 17491.85 a few ticks below the lifetime new highs. Prices then saw a sharp decline, came close…
View on market: Stay Cautious, be with quality business: U.S. equity futures retreated Monday and Asian stocks were mixed amid risks to the pandemic recovery from an energy crunch and the prospect of tighter monetary policy to fight inflation. Shares dropped in Australia and edged up in Japan,…
