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News Shots Hero Motocorp will increase the price of its entire model range by up to Rs 3,000 from next week in order to partially offset the impact of rising input costs. Kotak Mahindra Bank acquired the German carmaker Volkswagen’s captive vehicle finance business for an undisclosed sum. JSW Steel has raised USD 1 billion […]
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Today’s Market Summarised Breakout in the index continues with the bulls pushing Bank Nifty to new all-time highs. Nifty opened the day at 17,552 and moved down to take support near the 17,500 mark. Yesterday this level was a resistance and today it acted as a support. After slowly moving back and breaking the day-high, […]
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News Shots The Centre approved a PLI scheme for the auto sector, especially focusing on environment-friendly automobiles such as electric vehicles (EVs). The over Rs 25,000 crore scheme is likely to boost the production of components as well as give a push to the sector. Auto Stocks to be watched. The telecom services providers like […]
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Today’s Market Summarised Nifty breaks out once again and closes at new all-time highs with a clear bullish trend. Nifty opened the day at 17,404 and kept on moving up through the day. It confirmed bullishness by breaking the all-time high and just kept going up. After breaking even 17,500, Nifty closed the day at […]
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News Shots Most Asian markets are in the red today after the U.S. announced its inflation data which showed lower than expected inflation for the month of August. Interestingly, SGX Nifty is indicating a gap-up currently. Life Insurance Corporation(LIC) of India’s stake in LIC Housing Finance increased to 45.23% from 40.31% after preferential allotment of […]
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Today’s Market Summarised Nifty ends slightly higher, continuing its consolidation for the 6th trading day. Nifty opened the day at 17,425 with a gap-up and tried to move up. Almost perfect resistance was taken near the all-time high and profit booking brought the index down slowly. The entire gap-up was covered and Nifty closed the […]
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Today’s Market Summarised Nifty ends flat for yet another day, gaining back from the morning fall! Nifty opened the day at 17,348 and moved down sharply in the first hour of trade. However, a recovery was seen and Nifty even went on to test last day’s high of 17,370. After cooling down, Nifty closed the […]
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News Shots Reliance Industries has delayed the launch of its ultra low-cost smartphone it is developing with Google, to Diwali, possibly due to semiconductor shortages that the industry is facing. International rating agency S&P maintained Bharti Airtel’s credit rating of “BBB-“, and upgraded outlook to stable from negative, indicating the company’s improved financial status and […]
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Today’s Market Summarised Nifty ends the day flat after trading in a tight range for the weekly expiry! Nifty opened the day at 17,319 and mostly saw sharp movements. But even with the volatility, the index only traded in an 80 point range. 17,300 was tested at 12:30 PM, but the market recovered from there […]

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