Pre Market Analysis – 24th June 2021
Indian Market View: Nifty index opened positive but failed to even hold its opening levels and after a volatile swing it drifted towards 15673 levels. It has been finding sustained selling pressure near to its life time high of 15850-15900 zones from last few trading sessions. It closed with losses of around 85 points. Nifty has been battling with resistance of 15850-15900 in the past few...
Daily Market Analysis – 14th June 2021 (Adani)
The infrastructure push in the country has been gaining momentum steadily. Last week Reliance Infra raised up to Rs.550 crore by preferential allotment of shares to reduce debt and fund future growth. Adani group has incorporated a new wholly-owned subsidiary Adani Cement Industries increasing the competitiveness in the booming cement sector which is expected to do well in the coming years....
Daily Market Analysis – 2nd June 2021 (Share)
Reliance Industries Ltd share prices may jump 45%, which are already up 10% in 3 days The rally in RIL share may continue if current Petrochemical spreads sustain, this will result in Re-Rating of Oil to Chemical stake sale by RIL, which may drive the stock price up by 45% from current levels. The polymer spreads are at decade highs, helped by strong downstream demand from industries...
