Pre Market Analysis – 16th Aug 2021
Market witnessed divergent trend last week with Nifty & Sensex gaining 2% while Midcap index ending lower by 1.5%. The breadth of market remained negative for most of trading sessions last week with midcap and small cap ending in the negative terrain even on Friday. Such wide divergent often lead to market tops as rally remains concentrated in few stocks or may be driven by short...
Weekly Market Research by Fintoo – 14th Aug 2021
#uid-99f2661ae6f88169 .heading h3 { line-height: 1.6em; font-weight: 400; } Nifty extends gains, attains fresh all-time high Nifty for the week rose for the second straight week to post gains of around 2% and closed above 16,500 levels while broader markets continued to remain under pressure with Nifty MidSmall 400 Index closing 1.5% lower. Investor sentiments got a boost as...
Tax Benefits under New Tax Regime – FFC episode 35
As we know that Taxpayers can choose between two income tax regimes – Although the new, concessional tax regime offers lower tax rates as compared to the old regime, by opting for the new regime the taxpayer will have to forgo most tax deductions and exemptions but there are some value added Exemption and Deduction which can be claimed. Refer our video to know the Tax Benefits...
Pre Market Analysis – 13th Aug 2021
Market rallied on Thursday on back of gains from technology index which surged by 2% to force Nifty to close above 16350. However, as ratio of nifty to USDINR has been oscillating in setup of rising wedge, the Nifty remains vulnerable to sharp sell-off below 16162. Adding to it, the Nifty Smallcap 100 index has also confirmed a major reversal in the past few days and may restrict upside gains...
Attain Financial Freedom in 10 Simple Steps
Financial freedom is often interpreted in many ways but the bottom line of it is to save money and to live a rich quality of life. In a nutshell, it means having savings, cash in hand, and investments that will help one to retire or pursue a dream career after it. Unfortunately, today’s youth lack the ability to attain financial freedom. They are burdened with debt. Financial attainment...
Pre Market Analysis – 12th Aug 2021
Market activity on Wednesday remained range-bound with selling pressure visible in the broader market and Nifty Midcap 100 ending at crucial support. For Nifty ‘hanging man’ formation was seen on a daily candlestick, which often marks a trend reversal signal after an extended uptrend. The crucial support is seen at yesterday’s low i.e. 15162 on a closing basis while resistance is seen at...
Pre Market Analysis – 11th Aug 2021
Nifty gains on Tuesday were capped below 0.2% after selling in broader markets forced Nifty to end below its opening levels. With the advance-decline ratio falling to 1:5, the Nifty Midcap 100 index witnessed maximum selling and is 0.5% away from a short-term breakdown. For Nifty, the crucial range stands between 16080 and 16350 with bias remaining negative. Results today- Cadila Healthcare,...
Pre Market Analysis – 10th Aug 2021
Market struggled to sustain higher levels on Monday despite gap up opening and selling pressure was witnessed in most of midcap and small cap stocks while Nifty managed to end with marginal gains above 16250. The advance decline ratio deteriorated further to 1:2.5 while trading range of 16170-16350 remained intact. As market is witnessing weakness at higher levels, we can expect trend...
Cartrade Tech Limited.: (Only High risk investors may Subscribe)
Issue Size- 1.85 bn sharesIssue Open/Close – Aug 09/Aug 11, 2021Price Band (Rs) 1,585-1,618Issue Size- 29.37-29.99 bnFace Value (Rs) 10Lot Size (shares) 9 Cartrade Tech (CTT) is a multi-channel auto platform with a presence across varied vehicle types and value-added services. Through its platforms (operated under the brand names of CarWale, CarTrade, Shriram Automall, BikeWale,...