Weekly Report on 04.12.2017

In the wake of continuous offloading of shares by institutional funds, market sold off significantly last week & the broader market index Nifty closed below its 50 Day Moving Average. More importantly, we are seeing a lower top on daily chart of the index and...

Weelky Report on 27.11.2017

As conveyed in this column previous week, the hammer formation got further credence as Nifty rose each of the five trading sessions this week. The uptrends are therefore continuing in all timeframes but 10400 is serving as a strong support area which if taken out will...

Morning Calls

Cipla gets US FDA Nod For HIV Drug, Abacavir Sulfate Tablet. Cox & Kings: Cox & Kings-owned Meininger Hotels and Peter Simmel signed an agreement for a hotel in Dresden. The 165 rooms and 639 beds hotel is scheduled to open in the second quarter of 2021....

Morning Calls

Info Edge India: Zomato completed acquisition of on demand logistics and delivery company “Runnr”. Arrow Greentech receives patent for manufacturing water soluble film carrier. SIS India (YoY): Revenue up 35.7 % at Rs 1,460 cr.Net profit up 318.4 % at Rs 59 cr. EBITDA...