Weekly Market Research by Fintoo – 26th Sept 2021
Bull-run continues; F&O expiry and auto sale numbers in focus: Markets continued its euphoric bull run with Sensex surging past the 60,000 mark for the first time ever. Positive global cues, diminishing concerns about a possible third wave of the coronavirus pandemic and report that FPIs stock holding value soars to USD 630 bn as of August 2021 also perked up the sentiments. Asian markets...
Different options to invest in Gold – FFC episode 41
Gold is placed in high regard as an investment. Due to some influencing factors such as high liquidity and inflation-beating capacity, gold is one of the most preferred investments in India. Gold investment can be done in many forms like buying jewellery, coins, bars, gold exchange-traded funds, Gold funds, sovereign gold bond schemes, etc. Once you have made your mind to invest in...
Things You Need To Know About Dividend.
Types of dividend To get rich you have to be making money while you are asleep! Now, by this we mean, make an investment and let it be responsible for multiplying your money. If you are looking for a regular return on your investment? A dividend is a right option for you! The dividend is a reward that companies extend to their existing shareholders ( a person, institution, or a company...
Pre Market Analysis – 24th Sept 2021
Markets rallied worldwide on optimism that the Chinese government will bailout Evergrande developers and U.S Fed’s positive economic outlook. Sharp upmove was seen in financials with Bank Nifty gaining by more than 2%. The Bank nifty has re-attempted a breakout after yesterday’s closing above 37700 and if we are unable to see follow up the rally, we may see another downturn. During bubble...
Paras Defence And Space Technologies Ltd: (May Subscribe)
Paras Defence And Space Technologies Ltd (PARAS), incorporated in 2009, is engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company has three major product categories – Defence & Space Optics (FY21 revenue contribution 26.4%), Defence Electronics and (FY21 revenue contribution 45.3%), Heavy...
Pre Market Analysis – 23rd Sep 2021
Nifty ended with marginal losses on Wednesday on back of major selling in Bank Nifty while gains in technology index provided relief for markets. With Fed announcing tapering from next meet and interest rate hike from next year, rupee may come under pressure which has already activated breakout above 73.60 for a potential target of 77. Another important trigger was seen from energy prices...
Pre Market Analysis – 22nd Sep 2021
Markets bounced back sharply on Tuesday after technology stocks helped Nifty to defend crucial support of 17214 and closed above 17550. The breadth of the market remained negative with Bank Nifty underperforming the Nifty Index while USDINR turned flat as Chinese market were shut due to holiday. Today, the U.S Fed policy will be in focus as o the timing of tapering of bond purchases. For the...
Penny Stocks – Definition, Investment Options, Risk Factors
See a penny, pick it up, all day long you’ll have good luck. Well, this quote may be applicable for a ‘penny’ for does it apply for the ‘penny stocks as well? Penny stocks are securities that are traded at a very low cost and also have low market capitalization. These stocks are also commonly referred to as either nano-cap stocks, small-cap stocks, depending on each...
Pre Market Analysis – 21st Sep 2021
Markets yesterday succumbed to selling pressure at the late hours of trade to close at day’s low with Bank Nifty and Metal sector acting as major draggers. Global stock markets were caught in the grip of contagion fears sparked by troubles at China Evergrande which prompted investors to flee riskier assets. If the Chinese Yuan begins its depreciation, the carnage will spill over to the Rupee...