News

On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One Sensex (55818) / Nifty (16628) The Indian equity market has witnessed a strong expiry session, wherein the timid opening led by weak Asian cues got bought into by the bulls of D-street. The splendid move was backed by broadbased buying that has boosted the overall market sentiments and has showcased the assertiveness among the participants. The benchmark index concluded the expiry session near the day’s high with gains of 0.64 percent and has reclaimed the 16600 level. The technic...
On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
Source: Angel One Ltd
3/06/2022 10:26:40 AM
Nifty started the day marginally positive and traded in a range for the first couple of hours - Angel One Sensex (60079) / Nifty (17855) Nifty started the day marginally positive and traded in a range for the first couple of hours. However, the index then breached the support of 17800 which led to a sell-off and it even entered sub 17600 zone to mark a low of 17576. But it was not over yet, we witnessed sharp pullback from that low in the last hour of the trade and the index trimmed some of the losses to end with a cut of six-tenths of a percent around 17750. k - (37945) Once again market h...
Nifty started the day marginally positive and traded in a range for the first couple of hours - Angel One
Nifty started the day marginally positive and traded in a range for the first couple of hours - Angel One
Source: Angel Broking Ltd
29/09/2021 10:03:16 AM
Quote on Real-estate sector update By Mr. Yash Gupta, Angel One Ltd Below is quote on Real-estate sector update By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd    S&P BSE Realty up by another 2.11% at 4085, in last one week up by 26.8% from 3221 to 4085. We have a Buy rating on Sobha Limited and a Neutral rating on Godrej Properties Ltd. We have seen a one-sided rally in realty stock last week, as of now we expect some consolidation in real-estate stocks. Some of the stocks like Godrej Prop...
Quote on Real-estate sector update By Mr. Yash Gupta, Angel One Ltd
Quote on Real-estate sector update By Mr. Yash Gupta, Angel One Ltd
Source: Angel One Ltd
27/09/2021 12:36:57 PM
Our markets had a remarkable comeback in last four sessions as we not only managed to recover from lows but also went on to clock fresh highs - Angel One Sensex (59885) / Nifty (17823) Our markets had a remarkable comeback in last four sessions as we not only managed to recover from lows but also went on to clock fresh highs. We have clearly outperformed the global peers because despite a relief move in last two days, they are still trading well below their highs. Honestly speaking, the recovery beyond 17600 has certainly surprised us but eventually market is superior. Ideally, after market surpassing previous highs, our cautious stance sho...
Our markets had a remarkable comeback in last four sessions as we not only managed to recover from lows but also went on to clock fresh highs - Angel One
Our markets had a remarkable comeback in last four sessions as we not only managed to recover from lows but also went on to clock fresh highs - Angel One
Source: Angel One
27/09/2021 11:33:28 AM
Despite early hiccups, benchmark ends at new highs By Mr. Sameet Chavan , Angel Broking  Below are Views On Despite early hiccups, benchmark ends at new highs By Mr. Sameet Chavan (Chief Analyst-Technical and Derivatives, Angel Broking) Monday morning, the global screen was looking extremely terrible and in line with SGX Nifty, we started the week around the 17450 mark. Surpassingly, after the initial hiccup, we witnessed a v-shaped recovery not only to erase losses but also to trade in the green above 17600. However, it could not decouple itself...
Despite early hiccups, benchmark ends at new highs By Mr. Sameet Chavan , Angel Broking
Despite early hiccups, benchmark ends at new highs By Mr. Sameet Chavan , Angel Broking
Source: Angel Broking Ltd
24/09/2021 6:14:20 PM
Gold On Thursday, Spot Gold slipped over 1.4 percent to close at $1742.6 per ounce By Mr. Prathamesh Mallya , Angel One Ltd Below are Views On Gold On Thursday, Spot Gold slipped over 1.4 percent to close at $1742.6 per ounce By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel One Ltd On Thursday, Spot Gold slipped over 1.4 percent to close at $1742.6 per ounce. While the US Central bank kept the policy unchanged in the recent meet, plans on withdraw the economic support earlier than expected pressured Spot gold prices. Federal Reserve Chair Jerome Powell stated that they migh...
Gold On Thursday, Spot Gold slipped over 1.4 percent to close at $1742.6 per ounce By Mr. Prathamesh Mallya , Angel One Ltd
Gold On Thursday, Spot Gold slipped over 1.4 percent to close at $1742.6 per ounce By Mr. Prathamesh Mallya , Angel One Ltd
Source: Angel Broking Ltd
24/09/2021 3:20:28 PM
Markets have seen a relief rally after some bumpy rides recently and this has brought back optimism in our market as well - Angel One Sensex (58927) / Nifty (17547) Global markets have seen a relief rally after some bumpy rides recently and this has brought back optimism in our market as well. We started the day with a decent gap up owing to favourable global cues. In fact as the day progressed, the momentum kept accelerating across the board to eventually register a new high convincingly beyond the 17800 mark. Our markets had a remarkable comeback in last three sessions after testing the key support zone 17350 &ndash...
Markets have seen a relief rally after some bumpy rides recently and this has brought back optimism in our market as well - Angel One
Markets have seen a relief rally after some bumpy rides recently and this has brought back optimism in our market as well - Angel One
Source: Angel Broking Ltd
24/09/2021 11:46:54 AM
Quote on Bharti Airtel right issue By Mr. Yash Gupta, Angel Broking Ltd Below Are Quote on Bharti Airtel right issue By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd    Bharti Airtel has fixed the record date of 28th September 2021 for the determination of eligibility to receive the right entitlement in the issue to its shareholders. Company will use the proceeds of ₹21,000 crores to expand its network and for the launch of 5G services. The issue will open on 5th October 2021 and will close on 21st October 20...
Quote on Bharti Airtel right issue By Mr. Yash Gupta, Angel Broking Ltd
Quote on Bharti Airtel right issue By Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
23/09/2021 5:37:33 PM
The FOMC policy-makers kept the benchmark rate unchanged at 0.25% By Heena Naik, Angel Broking Below are Views On The FOMC policy-makers kept the benchmark rate unchanged at 0.25% By Heena Naik, Research Analyst - Currency, Angel Broking Ltd *FOMC Monetary Policy Outcome* * On 22nd Sep '21, the FOMC policy-makers kept the benchmark rate unchanged at 0.25% as per market expectations but were divided over the hike. They are now expecting a lift from either 2022 or 2023 versus the previous support for 2023 for a rate hike.    * It’s worth not...
The FOMC policy-makers kept the benchmark rate unchanged at 0.25% By Heena Naik, Angel Broking
The FOMC policy-makers kept the benchmark rate unchanged at 0.25% By Heena Naik, Angel Broking
Source: Angel Broking Ltd
23/09/2021 1:46:18 PM
Gold ended lower by 0.4 percent to close at $1767.9 per ounce By Prathamesh Mallya, Angel Broking Below are Views On Gold ended lower by 0.4 percent to close at $1767.9 per ounce By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel Broking Ltd Gold On Wednesday, Spot Gold ended lower by 0.4 percent to close at $1767.9 per ounce. Spot gold prices remained under pressure after the US Central bank indicated towards sooner than expected tightening of the expansionary policy. Federal Reserve Chair Jerome Powell hinted toward...
Gold ended lower by 0.4 percent to close at $1767.9 per ounce By Prathamesh Mallya, Angel Broking
Gold ended lower by 0.4 percent to close at $1767.9 per ounce By Prathamesh Mallya, Angel Broking
Source: Angel Broking Ltd
23/09/2021 1:41:34 PM
We had a flat to positive start yesterday in line with mixed global cues - Angel One Sensex (58927) / Nifty (17547) We had a flat to positive start yesterday in line with mixed global cues. However during the remaining part of the session, the index did nothing as it literally kept vacillating within a slender range with no clear direction as well as momentum. Eventually Nifty ended tad below 17550 with negligible losses. The kind of price activity we witnessed yesterday was a clear indication about market participants waiting for the outcome of the Fed policy. Since th...
We had a flat to positive start yesterday in line with mixed global cues - Angel One
We had a flat to positive start yesterday in line with mixed global cues - Angel One
Source: Angel Broking Ltd
23/09/2021 1:00:57 PM
Markets too opened slightly higher. However post the initial hour, the selling once again reinforced across the board - Angel One Sensex (58491) / Nifty (17397) After few days’ of hammering, we were seeing some relief across the globe early in the morning. In line with this, our markets too opened slightly higher. However post the initial hour, the selling once again reinforced across the board, resulted in a sharp decline towards the 17350 mark. Fortunately, the bears exhausted a bit there and its counterparty took the charge from thereon to pull the markets higher. In fact, the buying momentum accelerated as ...
Markets too opened slightly higher. However post the initial hour, the selling once again reinforced across the board - Angel One
Markets too opened slightly higher. However post the initial hour, the selling once again reinforced across the board - Angel One
Source: Angel Broking Ltd
22/09/2021 11:30:00 AM
Mounting fears over prospects of debt default by Chinese property developer Evergrande Group By Mr. Yash Sawant,Angel Broking Ltd. Below is the Mounting fears over prospects of debt default by Chinese property developer Evergrande Group By Mr. Yash Sawant, Research Associate, Angel Broking Ltd.  Mounting fears over prospects of debt default by Chinese property developer Evergrande Group sent a panic wave across financial markets. Investors rushed towards the safe haven Dollar following worries over probable impact on the global economy amid the wide spread of the Delta Variant.   Appreciating US Dollar...
Mounting fears over prospects of debt default by Chinese property developer Evergrande Group By Mr. Yash Sawant,Angel Broking Ltd.
Mounting fears over prospects of debt default by Chinese property developer Evergrande Group By Mr. Yash Sawant,Angel Broking Ltd.
Source: Angel Broking Ltd
21/09/2021 1:01:44 PM
Yesterday morning, the global screen was extremely terrible and in line with SGX Nifty - Angel One Sensex (58491) / Nifty (17397) Yesterday morning, the global screen was extremely terrible and in line with SGX Nifty, we started the week around the 17450 mark. Surprisingly, after the initial hiccup, we witnessed a v-shaped recovery not only to erased losses but also to trade in the green above 17600. However, it could not decouple itself from the global peers for a long time as the markets took a U-turn post the mid-session, to finally sneak below 17400 on a closing basis. Last two s...
Yesterday morning, the global screen was extremely terrible and in line with SGX Nifty - Angel One
Yesterday morning, the global screen was extremely terrible and in line with SGX Nifty - Angel One
Source: Angel Broking Ltd
21/09/2021 11:18:14 AM
Market Wrap-Up - Global sell off triggers correction, Nifty below 17400 By Mr. Sameet Chavan, Angel Broking Below is Quote on the Market Wrap-Up - Global sell off triggers correction, Nifty below 17400 By Mr. Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel Broking  Today morning, the global screen was extremely terrible and in line with SGX Nifty, we started the week around the 17450 mark. Surpassingly, after the initial hiccup, we witnessed a v-shaped recovery not only to erased losses but also to trade in the green above 17600. However, it could not decouple itself...
Market Wrap-Up - Global sell off triggers correction, Nifty below 17400 By Mr. Sameet Chavan, Angel Broking
Market Wrap-Up - Global sell off triggers correction, Nifty below 17400 By Mr. Sameet Chavan, Angel Broking
Source: Angel Broking Ltd
20/09/2021 4:38:07 PM
Foreign portfolio investors remained net buyers in Indian markets so far in September by Heena Naik- Currency, Angel Broking Ltd Below is the Foreign portfolio investors remained net buyers in Indian markets so far in September by Heena Naik, Research Analyst - Currency, Angel Broking Ltd Foreign portfolio investors remained net buyers in Indian markets so far in September by investing a net sum of Rs 16,305 crore. As per depository data, overseas investors invested Rs 11,287 crore into equities and Rs 5,018 crore in debt segment.   - After reaching a record high in the previous week, India...
Foreign portfolio investors remained net buyers in Indian markets so far in September by Heena Naik- Currency, Angel Broking Ltd
Foreign portfolio investors remained net buyers in Indian markets so far in September by Heena Naik- Currency, Angel Broking Ltd
Source: Angel Broking Ltd
20/09/2021 1:56:07 PM
Hint of profit booking at all time high by Mr. Sameet Chavan, Angel Broking Ltd Below is Quote on the Weekly Market Wrap Up - Hint of profit booking at all time high by Mr. Sameet Chavan Chief Analyst-Technical and Derivatives, Angel Broking Ltd  After an extended weekend, markets opened on a flat note on Monday. During the first couple of sessions, we witnessed some consolidation with Nifty gradually moving towards 17400. However, the remaining part of the week panned out so well for the bulls as we saw Nifty resuming its upwar...
Hint of profit booking at all time high by Mr. Sameet Chavan, Angel Broking Ltd
Hint of profit booking at all time high by Mr. Sameet Chavan, Angel Broking Ltd
Source: Angel Broking Ltd
18/09/2021 10:03:21 AM
USDINR to fall below 73.00 levels on improved local sentiments and inflows by Heena Naik, Angel Broking Ltd Below are Views On USDINR to fall below 73.00 levels on improved local sentiments and inflows by Heena Naik, Research Analyst - Currency, Angel Broking Ltd The month of August’21 was quite an interesting month for the Indian Rupee. The currency traded mostly on a weaker mode and touched the lower levels of 74.48 in August’21 as investors hopped towards safe haven assets on back of disappointing economic data releases from China, the sprea...
USDINR to fall below 73.00 levels on improved local sentiments and inflows by Heena Naik, Angel Broking Ltd
USDINR to fall below 73.00 levels on improved local sentiments and inflows by Heena Naik, Angel Broking Ltd
Source: Angel Broking Ltd
17/09/2021 11:56:38 AM
Spot Gold slipped about 2.2 percent to close at $1753.4 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd Below are Views On Spot Gold slipped about 2.2 percent to close at $1753.4 per ounce By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel Broking Ltd The US Dollar scaled higher which weighed on the Dollar priced commodities Gold On Thursday, Spot Gold slipped about 2.2 percent to close at $1753.4 per ounce as the Dollar strengthened denting the bullion metals appeal. Steady growth in the US manufacturing activities and retail sales despite the incre...
Spot Gold slipped about 2.2 percent to close at $1753.4 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd
Spot Gold slipped about 2.2 percent to close at $1753.4 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd
Source: Angel Broking Ltd
17/09/2021 11:39:30 AM
Nifty started the day on a positive note and kept the momentum going to add another 100 points to the ongoing rally and end well above 17600 - Angel One Sensex (59146) / Nifty (17630) Nifty started the day on a positive note and kept the momentum going to add another 100 points to the ongoing rally and end well above 17600. The upmove continues for Nifty and yesterday some of the recent underperforming stocks showed a catch up move. The banking index rallied sharply to cover some of its recent underperformance and has marched towards its all-time highs. However, the broader markets consolidated a bit and focus was clearly in selective p...
Nifty started the day on a positive note and kept the momentum going to add another 100 points to the ongoing rally and end well above 17600 - Angel One
Nifty started the day on a positive note and kept the momentum going to add another 100 points to the ongoing rally and end well above 17600 - Angel One
Source: Angel One
17/09/2021 9:49:15 AM
View on Global Market By Heena Naik, Angel Broking Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel Broking Ltd Global Update - Production at U.S. factories grew at a slower rate than expected in August as Hurricane Ida forced plant closures and an ongoing microchip shortage curbed motor vehicle output, but manufacturing remains strong amid lean inventories. - India's Union Cabinet has approved a crucial relief package for the telecom sector. (100% FDI allowed). The gover...
View on Global Market By Heena Naik, Angel Broking Ltd
View on Global Market By Heena Naik, Angel Broking Ltd
Source: Angel Broking Ltd
16/09/2021 11:48:47 AM
Quote on Event Update - Adani Transmission by Mr. Amarjeet Maurya, Angel Broking Ltd Below is quote on Event Update - Adani Transmission by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd Adani Transmission Ltd (ATL), India’s largest private sector power transmission company and part of the diversified Adani Group, has received the Letter of Intent (LoI) for the acquisition of MP Power Transmission Package-II Ltd, incorporated by REC Power Development and Consultancy Ltd. ATL will build, own, operate and maintain the transmi...
Quote on Event Update - Adani Transmission by Mr. Amarjeet Maurya, Angel Broking Ltd
Quote on Event Update - Adani Transmission by Mr. Amarjeet Maurya, Angel Broking Ltd
Source: Angel Broking Ltd
16/09/2021 11:32:39 AM
Gold whilst larger than expected withdrawal in the US crude inventories underpin Oil prices By Mr. Prathamesh Mallya, Angel Broking Ltd Below are Views On Gold whilst larger than expected withdrawal in the US crude inventories underpin Oil prices By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel Broking Ltd Increase in US treasury yield weighed on Gold whilst larger than expected withdrawal in the US crude inventories underpin Oil prices. Gold On Wednesday, Spot Gold ended lower by 0.65 percent to close at $1792.6 per ounce. Spot gold scaled lower as the US treasury yield climbed hig...
Gold whilst larger than expected withdrawal in the US crude inventories underpin Oil prices By Mr. Prathamesh Mallya, Angel Broking Ltd
Gold whilst larger than expected withdrawal in the US crude inventories underpin Oil prices By Mr. Prathamesh Mallya, Angel Broking Ltd
Source: Angel Broking Ltd
16/09/2021 11:27:04 AM
Nifty was trapped in a small range and finally it managed to find some momentum today - Angel One Sensex (58723) / Nifty (17519) We had a flat opening today in line with mixed global cues. Unlike previous sessions, this time Nifty picked up the momentum right from the word go and as the day progressed, it just kept accelerating. In this course of action, Nifty went on to reach yet another milestone of 17500. Since last few days, Nifty was trapped in a small range and finally it managed to find some momentum today. The trend is extremely strong but honestly, the current move is not g...
Nifty was trapped in a small range and finally it managed to find some momentum today - Angel One
Nifty was trapped in a small range and finally it managed to find some momentum today - Angel One
Source: Angel One
16/09/2021 9:56:02 AM
Quote on Aluminum update By Mr. Yash Sawant, Angel Broking Ltd Below is quote on Aluminum update By Mr. Yash Sawant, Research Associate, Angel Broking Ltd China’s Aluminium supply In August’21, China’s Aluminum production was down for the fourth consecutive month as increased power usage limitations in major smelting regions took a hit on the operational activities. As pet the National Bureau of Statistics, China’s primary Aluminium production last month stood at 3.16 million tonnes, down abo...
Quote on Aluminum update By Mr. Yash Sawant, Angel Broking Ltd
Quote on Aluminum update By Mr. Yash Sawant, Angel Broking Ltd
Source: Angel Broking Ltd
15/09/2021 1:07:07 PM
Spot Gold ended higher by 0.6 percent to close at $1804.3 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd Below are Views On Spot Gold ended higher by 0.6 percent to close at $1804.3 per ounce By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel Broking Ltd Retreating US Dollar supports Gold whilst wide spread of the pandemic clouded the demand outlook for Oil and Base metals. Gold On Tuesday, Spot Gold ended higher by 0.6 percent to close at $1804.3 per ounce. Spot gold edged above the $1800 mark as the US currency eased, making the Dollar priced Gold more...
Spot Gold ended higher by 0.6 percent to close at $1804.3 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd
Spot Gold ended higher by 0.6 percent to close at $1804.3 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd
Source: Angel Broking Ltd
15/09/2021 11:48:14 AM
Nifty started the day on a positive note and marked a new high of 17438 - Angel One Sensex (58247) / Nifty (17380) Nifty started the day on a positive note and marked a new high of 17438. However, it failed to show a follow up move and gave up some of the gains to end below 17400. Although we saw a new high in Nifty, the index traded within a narrow range throughout the day. In last few sessions, Nifty has traded within a range of 17250-17430 and as we approached the higher end of the range yesterday, we saw signs of fatigue at higher levels. The stock specific momentu...
Nifty started the day on a positive note and marked a new high of 17438 - Angel One
Nifty started the day on a positive note and marked a new high of 17438 - Angel One
Source: Angel Broking Ltd
15/09/2021 9:55:34 AM
IPO Note - Sansera Engineering Limited By Angel One Sansera Engineering Limited (Sansera) manufactures and supplies diverse range of precision forged and machined components that critical for engine, transmission, suspension, braking, chassis, and other systems for the two-wheeler (2Ws), passenger vehicle (PVs) and commercial vehicle (CV) vertical. They also supply components to the aerospace sector and for off-road vehicles. In India, it has nine out of the top 10 2W OEMs and the leading PV OEM as customer. Globally, it supplies to six out of...
IPO Note - Sansera Engineering Limited By Angel One
IPO Note - Sansera Engineering Limited By Angel One
Source: Angel Broking Ltd
14/09/2021 4:38:47 PM
A sign of fatigue seen as Nifty is approaching key resistance by Mr. Ruchit Jain, Angel Broking Below is quote on Market Wrap Up - A sign of fatigue seen as Nifty is approaching key resistance by Mr. Ruchit Jain (Senior Analyst - Technical and Derivatives, Angel Broking Nifty started the day on a positive note and marked a new high of 17438. However, it failed to show a follow up move and gave up some of the gains to end below 17400. Although we saw a new high in Nifty, the index traded within a narrow range throughout the day. In last few s...
A sign of fatigue seen as Nifty is approaching key resistance by Mr. Ruchit Jain, Angel Broking
A sign of fatigue seen as Nifty is approaching key resistance by Mr. Ruchit Jain, Angel Broking
Source: Angel Broking Ltd
14/09/2021 4:31:32 PM
Quote on Vijaya Diagnostic IPO listing by Mr. Yash Gupta, Angel Broking Ltd Below is quote on Vijaya Diagnostic IPO listing by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd    Vijay Diagnostic Centre Limited ipo debut at premium of 8% to its upper band of the IPO price. Company is trading at price to earning of 67 times and EV/EBITDA OF 32 times based on FY2021 numbers which is on higher side as compared to its peers. Looking at higher valuations and limited growth poten...
Quote on Vijaya Diagnostic IPO listing by Mr. Yash Gupta, Angel Broking Ltd
Quote on Vijaya Diagnostic IPO listing by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
14/09/2021 11:42:00 AM
Spot Gold ended marginally higher by 0.1 percent to close at $1787.3 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd Below are Views On Spot Gold ended marginally higher by 0.1 percent to close at $1787.3 per ounce By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel Broking Ltd Strengthening of the US Dollar weighed on Gold whilst shortage worries underpin Oil prices Gold On Monday, Spot Gold ended marginally higher by 0.1 percent to close at $1787.3 per ounce. The bullion remained under pressured extending the fall from past week as the Dollar remained elevated ahea...
Spot Gold ended marginally higher by 0.1 percent to close at $1787.3 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd
Spot Gold ended marginally higher by 0.1 percent to close at $1787.3 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd
Source: Angel Broking Ltd
14/09/2021 11:38:27 AM
Nifty started the day on a flat note, but it witnessed some selling pressure in the first hour of trade - Angel One Sensex (58178) / Nifty (17355) After an extended weekend, Nifty started the day on a flat note, but it witnessed some selling pressure in the first hour of trade. As the index entered sub-17300 level, some buying interest was seen and the index recovered much of the losses and consolidated to end with a marginal loss at 17350. Yesterday’s price action in Nifty was similar to what we had seen during the last week. We witnessed some selling pressure during the day wherein the index ...
Nifty started the day on a flat note, but it witnessed some selling pressure in the first hour of trade - Angel One
Nifty started the day on a flat note, but it witnessed some selling pressure in the first hour of trade - Angel One
Source: Angel Broking Ltd
14/09/2021 9:35:33 AM
Quote on MTAR Technologies - Receipt of Order worth Rs220cr by Mr. Amarjeet Maurya, Angel Broking Ltd Below is quote on MTAR Technologies - Receipt of Order worth Rs220cr by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd MTAR Technologies is engaged in the business of manufacturing high precision and heavy equipment, components, machines for sectors including nuclear, aerospace, defence, etc. The company has received an export order for providing manufactured and assembled products for USD 29.82 Mn (approximately Rs 220 Crores) from Bloom Energy,...
Quote on MTAR Technologies - Receipt of Order worth Rs220cr by Mr. Amarjeet Maurya, Angel Broking Ltd
Quote on MTAR Technologies - Receipt of Order worth Rs220cr by Mr. Amarjeet Maurya, Angel Broking Ltd
Source: Angel Broking Ltd
13/09/2021 4:14:42 PM
View on Global Market By Heena Naik, Angel Broking Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel Broking Ltd Global Update - India’s Foreign Portfolio Investors have pumped in Rs 7,605 crore so far during September. According to data from depositories, overseas investors invested Rs 4,385 crore into equities and Rs 3,220 crore in the debt segment. - India’s Industrial Production slowed down in July at 11.5% as the low base effect wears off while the U.S. PPI ju...
View on Global Market By Heena Naik, Angel Broking Ltd
View on Global Market By Heena Naik, Angel Broking Ltd
Source: Angel Broking Ltd
13/09/2021 1:23:44 PM
Quote on Vijay Diagnostic IPO expected listing by Mr. Yash Gupta, Angel Broking Ltd Below is quote on Vijay Diagnostic IPO expected listing by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd    Vijay Diagnostic Centre Limited to list on stock exchanges on 14th September 2021, the overall retail portion got subscribed 1.09 times so it was expected that almost all the investors got the allotment. Vijaya Diagnostic IPO is priced at Price to Earnings of 64.3 times and EV/EBITDA of 30 times at the upper price band ...
Quote on Vijay Diagnostic IPO expected listing by Mr. Yash Gupta, Angel Broking Ltd
Quote on Vijay Diagnostic IPO expected listing by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
13/09/2021 11:50:25 AM
Quote on Ami Organics IPO expected listing by Mr. Yash Gupta, Angel Broking Ltd Below is quote on Ami Organics IPO expected listing by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd   Ami Organics Limited IPO to list on stock exchanges on 14th September 2021 and the basis of allotment for retail shareholders is 17:161.allotment, it means that only nearby 10% of retail investors will get the allotment. Ami Organics IPO was priced at Price to Earnings of 35.6 times and EV/EBITDA of 25.7 times at the upper price band of the IPO based on FY202...
Quote on Ami Organics IPO expected listing by Mr. Yash Gupta, Angel Broking Ltd
Quote on Ami Organics IPO expected listing by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
13/09/2021 11:47:44 AM
Spot Gold slipped over 2.1 percent in the week gone by as the US Dollar & Treasury yield scaled upwards By Mr. Prathamesh Mallya, Angel Broking Ltd Below are Views On Spot Gold slipped over 2.1 percent in the week gone by as the US Dollar & Treasury yield scaled upwards By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel Broking Ltd Shortage worries amid prospects of higher demand underpinned Base metal prices last week. Gold Spot Gold slipped over 2.1 percent in the week gone by as the US Dollar & Treasury yield scaled upwards. US Federal Reserve officials stated that the year-end plans t...
Spot Gold slipped over 2.1 percent in the week gone by as the US Dollar & Treasury yield scaled upwards By Mr. Prathamesh Mallya, Angel Broking Ltd
Spot Gold slipped over 2.1 percent in the week gone by as the US Dollar & Treasury yield scaled upwards By Mr. Prathamesh Mallya, Angel Broking Ltd
Source: Angel Broking Ltd
13/09/2021 11:39:51 AM
Thinnest weekly range at record highs by Mr. Sameet Chavan, Angel Broking Ltd Below is Quote on the Weekly Market Wrap Up - Thinnest weekly range at record highs by Mr. Sameet Chavan Chief Analyst-Technical and Derivatives, Angel Broking Ltd  Markets had a positive start on Monday and without wasting much of a time, Nifty continued with its streak of achieving new milestones. During the first couple of sessions, Nifty clocked back to back fresh highs beyond 17400; but failed to close beyond it on both the occasions. In the lat...
Thinnest weekly range at record highs by Mr. Sameet Chavan, Angel Broking Ltd
Thinnest weekly range at record highs by Mr. Sameet Chavan, Angel Broking Ltd
Source: Angel Broking Ltd
10/09/2021 9:09:45 AM
Quote on Which stock should investors buy this GANESH CHATURTHI ? by Mr. Yash Gupta, Angel Broking Ltd Below is quote on Which stock should investors buy this GANESH CHATURTHI? by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd    Since last year’s Ganesh Chaturthi stock markets have given very good returns to investors. Midcaps and Smallcaps have outperformed the border market, we suggest investors do not expect the same amount of returns that they would have got this year. We are suggesting these two stocks thi...
Quote on Which stock should investors buy this GANESH CHATURTHI ? by Mr. Yash Gupta, Angel Broking Ltd
Quote on Which stock should investors buy this GANESH CHATURTHI ? by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
9/09/2021 4:36:37 PM
Quote on Aluminium Update By Mr. Yash Sawant, Angel Broking Ltd Below is quote on Aluminium Update By Mr. Yash Sawant, Research Associate, Angel Broking Ltd Aluminium continues to trade higher  Aluminium prices are up over 1.56 percent on the MCX in today’s session. Despite the mounting global uncertainties and slow growth in China’s economy, Aluminium prices continue to power through following the supply disruptions in top producer China. China’s move to limit the carbon emission hampered ...
Quote on Aluminium Update By Mr. Yash Sawant, Angel Broking Ltd
Quote on Aluminium Update By Mr. Yash Sawant, Angel Broking Ltd
Source: Angel Broking Ltd
9/09/2021 2:09:13 PM
Angel Broking continues to grow its client base with 145.7% YoY growth in August 2021 Mumbai, September 9, 2021: Angel Broking Limited (Angel Broking or ‘the Company’), a Fintech platform, has clocked a solid performance as it recorded the highest client base of 6.15 million in the month of August 2021, representing a 145.7% YoY growth. The Company added 0.45 million clients in August 2021, marking 150.1% YoY growth, more than double the 0.18 million gross client acquisition in August 2020. In the five months of FY22, the Fintech platform has added more than 2 mill...
Angel Broking continues to grow its client base with 145.7% YoY growth in August 2021
Angel Broking continues to grow its client base with 145.7% YoY growth in August 2021
Source: Angel Broking Ltd
9/09/2021 1:02:05 PM
Spot Gold ended lower by 0.3 percent to close at $1788.9 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd Below are Views On Spot Gold ended lower by 0.3 percent to close at $1788.9 per ounce By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel Broking Ltd Strengthening of the US Currency weighed on the Dollar priced commodities. Gold                   On Wednesday, Spot Gold ended lower by 0.3 percent to close at $1788.9 per ounce. The bullion metal extended the fall ...
Spot Gold ended lower by 0.3 percent to close at $1788.9 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd
Spot Gold ended lower by 0.3 percent to close at $1788.9 per ounce By Mr. Prathamesh Mallya, Angel Broking Ltd
Source: Angel Broking Ltd
9/09/2021 11:42:46 AM
The benchmark index Nifty looks a bit uncomfortable around 17400 but the moment it falls by nearly a percent - Angel One Sensex (58250) / Nifty (17353) We had a flat opening yesterday in line with quiet global cues. However the intraday movement was exactly a replica of Tuesday’s session. After consolidating above 17350 throughout the first half, the index suddenly started correcting post the mid session and within no time, it tested the 17250 mark. Once again the mighty bears came for a rescue and lifted the benchmark to a comfortable position. The benchmark index Nifty looks a bit uncomfortable ar...
The benchmark index Nifty looks a bit uncomfortable around 17400 but the moment it falls by nearly a percent - Angel One
The benchmark index Nifty looks a bit uncomfortable around 17400 but the moment it falls by nearly a percent - Angel One
Source: Angel Broking Ltd
9/09/2021 10:03:46 AM
Spot Gold prices slipped below the 1800 level as the Dollar and the US Treasury yield strengthened By Mr. Prathamesh Mallya, Angel Broking Ltd Below are Views On Spot Gold prices slipped below the 1800 level as the Dollar and the US Treasury yield strengthened By Mr. Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies, Angel Broking Ltd Strengthening of the US Currency weighed on the Dollar priced commodities. Gold                   On Tuesday, Spot Gold ended lower by 1.6 percent to clos...
Spot Gold prices slipped below the 1800 level as the Dollar and the US Treasury yield strengthened By Mr. Prathamesh Mallya, Angel Broking Ltd
Spot Gold prices slipped below the 1800 level as the Dollar and the US Treasury yield strengthened By Mr. Prathamesh Mallya, Angel Broking Ltd
Source: Angel Broking Ltd
8/09/2021 11:28:31 AM
The benchmark index started the session with marginal upside gap precisely at 17400 - Angel One Sensex (58279) / Nifty (17362) The benchmark index started the session with marginal upside gap precisely at 17400. However due to some profit booking in the initial hours, Nifty came off sharply to slide tad below the 17300 mark. Fortunately no further damage done as bulls once again defended the key support and thereafter lifted the Nifty back above the 17400 terrain. Towards the end, sceptical traders used this bounce back to lighten up longs, which resulted in a small decline to conclu...
The benchmark index started the session with marginal upside gap precisely at 17400 - Angel One
The benchmark index started the session with marginal upside gap precisely at 17400 - Angel One
Source: Angel Broking Ltd
8/09/2021 10:38:35 AM
Quote on What should investors expect from the listing of Vijaya Diagnostic Centre Limited IPO? by Mr. Yash Gupta, Angel Broking Ltd Below is quote on What should investors expect from the listing of Vijaya Diagnostic Centre Limited IPO? by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd    Vijaya Diagnostic Centre Limited expect to get a listing on 14th September 2021 and allotment will be received by the investors in a couple of days. As overall IPO got subscribed 4.54 times and the retail portion got subscribed by 1.09 times, so i...
Quote on What should investors expect from the listing of Vijaya Diagnostic Centre Limited IPO? by Mr. Yash Gupta, Angel Broking Ltd
Quote on What should investors expect from the listing of Vijaya Diagnostic Centre Limited IPO? by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
7/09/2021 12:30:04 PM
Quote on What should investors expect from the listing of Ami Organics Limited IPO by Mr. Yash Gupta, Angel Broking Ltd Below is quote on What should investors expect from the listing of Ami Organics Limited IPO by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd    Ami Organics Limited expect to get a listing on 14th September 2021 and allotment will be received by the investors in a couple of days. As overall IPO got subscribed 64.5 times and retail portion got subscribed by 13.36 times, so it is expected that one investor out of twel...
Quote on What should investors expect from the listing of Ami Organics Limited IPO by Mr. Yash Gupta, Angel Broking Ltd
Quote on What should investors expect from the listing of Ami Organics Limited IPO by Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
7/09/2021 12:26:29 PM
View on Global Market By Heena Naik, Angel Broking Ltd Below are Views On Global Market by Heena Naik, Research Analyst - Currency, Angel Broking Ltd Global Update - El Salvador will adopt bitcoin as legal tender from today, making it the first country to use a cryptocurrency as a national currency. Nayib Bukele, the president, announced plans to formally adopt the digital tokens just three months ago at a bitcoin conference in Miami.  - Optimism about Germany’s economy will probably continue to slide ...
View on Global Market By Heena Naik, Angel Broking Ltd
View on Global Market By Heena Naik, Angel Broking Ltd
Source: Angel Broking Ltd
7/09/2021 11:38:04 AM