Baazar Style Retail Ltd. (Avoid)
Highlights Issue Size –: 21,456,947 sharesIssue Open/Close – 30 Aug / 3 Sept, 2024Price Band (Rs.) 370 – 389Issue Size (Rs.) – 8,346 mnFace Value (Rs) 5Lot Size (shares) 38 Baazar Style Retail Limited (BSRL) incorporated on 2013, is a value fashion retailer and offers apparels and general merchandise. Within the apparels, they offer garments for men, women, boys, girls...
Market Morning Notes For 28th August 2024
Benchmark indices ended on a flat note after sharp gains seen in the previous session while the Nifty Bank slightly outperformed. However, the broader markets outperformed with the Nifty Midcap and Small cap indices seeing gains in excess of 0.5 pct. Nifty is facing resistance near the psychological level of 25k. For Nifty, resistance is seen at 25,200 while reversal is likely to be confirmed...
Premier Energies Ltd. (Subscribe)
Highlights Issue Size –: 62,89,777 sharesIssue Open/Close – 27 Aug / 29 Aug, 2024Price Band (Rs.) 427 – 450Issue Size (Rs.) – 28,304 mnFace Value (Rs) 1Lot Size (shares) 33 Premier Energies Limited (PEL) incorporated on 1995, is engage in the business of manufacturing of solar cell and solar module manufacturer. It is the 2nd largest solar cell manufacturer in terms of...
Market Morning Notes For 27th August 2024
Market surged across the globe on Monday following comments from Fed in Jackson Hole which emphasized on rate cut and an accommodative monetary stance. Nifty managed to gain 0.8 pct while Bank Nifty continue to remain an underperformer. Crude prices have seen sharp reversal in the past few days and makes a strong case for a long-term breakout. A bullish pennant can be clearly seen in MCX...
Weekly Market Report from 19th August to 23rd August 2024
The Indian stock market benchmarks had a calm day of trading on Friday staying within a tight range and key indices Nifty and Sensex closed at 24823 (up by 0.05 pct) and 81086 (up by 0.04 pct), influenced by potential rate cuts by Fed Chairman Powell. However, tensions in the Middle East stayed on investors’ minds as fighting continued in parts of Palestinian territory. U.S....
Market Morning Notes For 26th August 2024
Markets managed to extend gains around 1% for the week on the back of Fed minutes pointing out to rate cut in September, which helped Nifty to cross 24,800. However, although the implied volatility has dropped below 13.5, the realized volatility of average 30 days has been trading above 13.5 and has been rising. This behaviour indicates markets are in complacent mode and a move below 24665 is...
Market Morning Notes For 23rd August 2024
Markets activity remained muted with Nifty ending with modest gains above 24,800 despite cooling off from days as markets have already discounted September Fed rate cut. At present, the Indian markets is seen overstretched comparable to global indices, key risk may emanate from breakout in realized volatility of Nifty in JPY terms. Crucial support for Nifty is seen at 24,650 below which,...
Market Morning Notes For 22nd August 2024
Market activity remained range bound on Wednesday with Nifty ending with modest gains while Bank Nifty continued to remain under pressure and closed below 50,700 levels. The Fed minutes yesterday signalled a strong case for rate cuts which led to further decline in the Dollar Index. The weak dollar index has already forced GBPINR and EURINR to record high levels and the Indian markets may...
What is Insurance, Types Of Insurance, And Which One You Should Choose?
Insurance stands as a pillar of financial security, offering protection against unforeseen events that could otherwise lead to significant financial hardship. From safeguarding our health to securing our homes and vehicles, insurance plays a crucial role in providing peace of mind. Navigating the diverse landscape of insurance options can be complex, which is where financial advisors step...