Pre Market Analysis – 06th Dec 2021
Markets witnessed sharp reversal on Friday after Nifty in USD terms failed to carry momentum beyond 38.2% of entire downmove and was followed with weekly closing below 17312. Markets are vulnerable to major downfall as Nifty has been trading below 50 DMA for 11 trading sessions and this clearly means the next leg of decline would be severe with further downside in Nifty seen around 20%....
Clubbing Of Income – FFC 51
Clubbing of Income means that the Income of some other person would also be included in your Income. You would be required to pay tax on such income of the other person.The provisions of clubbing of Income were introduced by the Govt so as to ensure that a person does not try to reduce his tax liability by splitting his income in different names.We recommend you to watch our video...
Pre Market Analysis – 3rd Dec 2021
Indian markets rallied in line with positive global cues after US raised debt ceiling till 15 Feb averting government shutdown. Nifty rallied around 1.5% to close above 17400 led by gains from technology stocks. In past two days, Nifty in USD terms has retraced 38.2% in a-b-c form of entire fall and prices still remains vulnerable for Wave 3 sell off as long prices trading below the...
Tips and Suggestions for the Financial Portfolio
Just as starting to invest is like taking your first step towards a financially better future, having the right financial portfolio is like ensuring that every step you take is the right step. The general thumb rule followed by all the investors across the world is Diversification. Though no one size fits all, depending on the objective and time horizon you should plan your financial...
Pre Market Analysis – 2nd Dec 2021
Markets attempted to rebound on Monday after Bank Nifty whipsawed its 200 DMA and ended higher 2% with the support of another beaten-down sector like Metals and Auto with Nifty closing with 1% gains. With gains in Metals & Banking, the Nifty Non-Financial Index was back above the support line which earlier predicted the downside potential of 28% in a quick span of time. The markets are...
Tega Industries Limited: (May Subscribe)
Issue Size- 13,669,478 sharesIssue Open/Close – Dec 01/Dec 03, 2021Price Band (Rs) 443-453Issue Size- Rs 6.06- 6.19 bnFace Value (Rs) 10Lot Size (shares) 33 Subscribe Tega Industries Limited (TIL) is a leading manufacturer and distributor of specialized ‘critical to operate’ and recurring consumable products for the global mineral beneficiation, mining and bulk solids handling...