NIFTY: The NIFTY opened at 17952.55 with a gap up of 94 points. The index initially moved higher after recording its intraday low at 17936.15 in its initial trades. Prices crossed above 18100 and then started facing resistance. The index turned down after recording its intraday high at…
View on market: Stay Cautious, be with quality business: Asian stocks were mixed on Tuesday after a US rally fizzled out as the Federal Reserve officials signaled that the central bank will likely need to raise interest rates above 5% before pausing and holding for some time. Australian…
Muthoot Fincorp Limited NCD Company Profile: Muthoot Fincorp Limited (“MFL”) is a non-deposit taking, systemically important NBFC registered with the RBI. MFL is one of the prominent gold loan players in the Indian market. From FY2016 to FY2022, Muthoot Fincorp has shown a significant increase in its Gold…
View on market: Stay Cautious, be with quality business: Asian stocks rose in early trading after US equities had their best day in more than a month on Friday. Australian stocks gained 1% while US equity futures edged higher. Contracts for Hong Kong equities climbed 1.5% on Friday.…
Cummins India Ltd. (CIL) is a leading manufacturer of diesel engines. The company is engaged in designing, manufacturing, distribution of service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Its key business divisions are Engine business, Power system…
NIFTY: The NIFTY opened at 18008.05 without much of a gap. The index initially moved higher but soon faced strong resistance and turned down after recording its intraday high at 1804740. Prices have seen a sharp intraday decline and went below 17800. The index started a consolidation process…
NIFTY: The NIFTY opened at 18101.95 with a gap up of 59 points. The index initially consolidated for about two hours and then saw a breakdown after recording its intraday high at 18120.30. Prices have seen a sharp intraday decline and went below 17900. The index started a…