Pre Market Analysis – 12th Nov 2021
Benchmark indices declined for a third straight day today as rising inflation in the US seems to have worried the Street. The Nifty broke below key support of expanding wedge which was placed at 17895 on closing basis and Bank Nifty testing its 50 DMA. The volumes shrunk in yesterday session with Non Institutional volumes crashing down to 36000 crore from avg 55000 crore due to continuous FII...
What Is Dividend? Top Dividend Paying Companies.
“The less money lying idle, the greater is the dividend” Investment and profits are directly proportional. If you want to make money while sleeping, then investment in the right markets is a must! Investment helps you reap dividends from time to time. What is the dividend? Dividend refers to the process of distribution of a company’s profit to its rightful shareholders. The time...
Pre Market Analysis – 11th Nov 2021
Market activity remained range bound on Wednesday after initial gap down opening below 18034 but late rebound in non-financial stocks forced Nifty to settle above 18000 levels but could not close above 18034 mark. Below 18034, Nifty is most likely to attempt the lower end of expanding wedge which is placed at 17895 and below which we may see a lower range towards 16500. On the international...
Pre Market Analysis – 10th Nov 2021
Markets failed to carry the positive momentum ahead on Tuesday despite trading above 18034 for most part of the trading session with final tally ending with marginal negative terrain. The 18034 levels is considered very important pivot in fight amongst bulls and bears that we may see prices triggering wild downswing and breaking the support of expanding wedge placed at 17895, If there is a...
Pre Market Analysis – 9th Nov 2021
Markets rallied on Monday on positive global cues with Nifty gaining more than 1% in USD terms after U.S. democrats passed USD 1 trillion infrastructure bill which forced Nifty to settle above the key resistance of 18,034. A hanging man formation was also seen on Monday after prices gapped up, and then turned negative and recovered to close at day’s high which is a sign of indecisiveness. For...
IPO Note – Latent View Analytics Ltd
Subscribe Issue Size- 31,578,946 –30,456,852 sharesIssue Open/Close – Nov 10/Nov 12, 2021Price Band (Rs) 190- 197Issue Size- Rs 6 bnFace Value (Re.) 1Lot Size (shares) 76 Latent View Analytics Ltd. (Latent View) is among the leading pure-play data analytics services companies in India, based on their expertise of the entire value chain of data analytics from data and analytics...
IPO Note – Sapphire Foods India Ltd.
(Subscribe) Issue Size- 17,569,941 SharesIssue Open/Close – Nov 09/Nov 11, 2021Price Band (Rs) 1120- 1180Issue Size- Rs 19.68- 20.73 bnFace Value (Rs) 10Lot Size (shares) 12 Sapphire Foods is YUM’s largest franchisee operator in the Indian subcontinent with revenue from operations of Rs 13.40 bn and Rs 10.19 bn for FY2020 and 2021, respectively. The Company’s association with Yum...
IPO Note -One 97 Communications Ltd. (Paytm)
(Only cash surplus and risk seekers may Subscribe) Issue Size- 85 mn – 88 mn sharesIssue Open/Close – Nov 08/Nov 10, 2021Price Band (Rs) 2080- 2150Issue Size- Rs 183 bnFace Value (Re.) 1Lot Size (shares) 6 One 97 Communications Ltd (Paytm) is India’s leading digital ecosystem for consumers as well as merchants. The company offered payment services, commerce & cloud...
Everyone Teaches You To Save Money, But No One Teaches You How To Spend It?
“You can make a living or design a life” To be financially secure you do not have to be an expert in finance or have a big portfolio. All you need is to understand the basics of financial planning. Some people suffer financial struggles for not bringing sufficient money, while there are others who do not spend wisely. Saving and spending money are two sides of the same coin. Saving is...