Pre Market Analysis For 29th April 2022
Markets ended higher yesterday led by support from key index heavyweights. FIIs turned net buyers (net sellers in the last 14-trading sessions) and stable oil prices also supported the sentiments. Today, we expect the market to open on a positive note on account rally in the global markets. The overall view remains positive for a target of 19867 by May end on a positional basis. The...
Pre-Market Analysis For 28th April 2022
Markets remained under pressure on Wednesday on the back of Nasdaq hitting 52-week low and continuous FII selling which forced the Nifty to close around 17000 levels. The India VIX also jumped 7% to end around 21% but still remains under the critical support zone of 22%. Nifty is likely to test 16671 before it resumes its upmove towards 19867 with India VIX being necessary to trade below...
Pre-Market Analysis For 27th April 2022
Markets opened with a gap up on Tuesday led by gains in auto and financials to post-closing above the key resistance of 17140 despite pressure in the global markets. The India VIX also cooled off from highs of 21.75 to close around 19 but remains elevated above critical levels of 16%. There remains a high probability of Nifty testing 16671 in the coming days before it resumes its journey...
Campus Activewear Ltd. (May Subscribe)
Issue Size (‘000)- 47,950,000 sharesIssue Open/Close – Apr 26/Apr 28, 2022Price Band (Rs.) 278-292Issue Size- Rs 14 bnFace Value (Rs.) 5Lot Size (shares) 51 Campus Activewear is the largest sports and athleisure footwear brand in India in terms of value and volume in FY21. It introduced its brand ‘CAMPUS’ in 2005 and are lifestyle-oriented sports and athleisure footwear company that offers...
Rainbow Children’s Medicare Ltd. (May Subscribe)
Issue Size (‘000)- 29,427 – 29,167 sharesIssue Open/Close – Apr 27/Apr 29, 2022Price Band (Rs.) 516-542Issue Size- Rs 15.18- 15.8 bnFace Value (Rs.) 10Lot Size (shares) 27 Rainbow Children’s Medicare Limited (RCML) is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India, operating 14 hospitals and three clinics in six cities, with a total bed capacity...
Pre-Market Analysis For 26th April 2022
Indian indices yesterday finished the session weak in line with global indices due to below-par earnings results, adding fresh concerns to elevated inflation, oil prices, war uncertainties and supply issue. The Nifty failed to test the support of the trading range, which is placed at 16671. The Nifty Bank outperformed the markets and ended on a positive note led by resilience in HDFC...
How to Opt For the Best Robo Advisor?
Robo Advisor is the new talk of the town, especially popular among the youths. A plethora of information is available on the internet that talks about the pros and cons of using the services. Has all the information available on the net still left you unsettled? Since you have now decided to take a plunge into financial automation, don’t know where to start? This article will guide you on...
Investment In Defense Sector
The defense sector has been in action for the past few days as stocks like BDL, HAL, and BEL have rallied sharply. BDL in particular is up 120% YTD while HAL is up 43% YTD while BEL is up 23% YTD. Globally, the shares of defense and aerospace companies have rallied. Lockheed Martin is up sharply and at ATHs along with General Dynamics and the likes. The iShares U.S. Aerospace &...
Why millennials should opt for a Robo advisory?
Many millennials feel that they are going to work forever, but with the right investment at the right time, early retirement is possible. Now, the real question is how do we decide which time and how much is the right one for investment? Do we rely on the financial advisors who charge a fortune? The answer to this question is NO! In today’s digital time and the world, the right...