Nifty opened negatively but recovered in the second half, forming a piercing line candle on the daily chart. A move above 24,320 could extend the rally to 24,500-24,600. However, a break below 23,890 could trigger further weakness.
Posts in category All News
Commercial paper issuance falls as NBFCs are likely staying off market amid RBI warning (05-11-2024)
Market borrowing by Indian companies for their short-term needs fell in the first half of October from a month earlier, show latest data, likely due to non-banking finance companies slowing down activities with the central bank raising concerns about certain business practices.
US stocks open higher as Americans head to polls (05-11-2024)
U.S. stock indexes opened higher on Tuesday, as voting began in a tightly contested presidential election, with traders girding up for volatile trading over the next few sessions until a winner is declared.
Wealth First Portfolio Managers Ltd (05-11-2024)
Incorporated in 2002, Wealth First Portfolio Managers Ltd is in the business of wealth management
Services Offered
a) Investment Strategising Asset Research
b) Trade-Execution-Broking
c) Portfolio Review and Accounting
d) Retirement Planning
e) Treasury Management
f) Asset Allocation
g) Tax Planning
h) Inheritance Planning
Business is very similar to Motilal Oswal or IIFL securities or Nuvama.
- ROCE 56.8 %
- ROE 43.8 %
- Market Cap to Sales 24.0
- Price to book value 11.6
- Debt ₹ 5.90 Cr
Disc: No holdings, in radar because of the sales growth
Embassy REIT CEO Arvind Maiya to step down following SEBI order to suspend him (05-11-2024)
Aravind Maiya, the CEO of Embassy Office Parks Management Services that manages Embassy REIT, will step down from his post following market regulator Sebi’s direction to suspend him and appoint an interim CEO immediately.
Summit securities holding company of RPG group at discounted among holding companies (05-11-2024)
how is this CAGR considered bad?
First Satellite Made of Wood Is Launched Into Space (05-11-2024)
Scientists in Japan constructed the first satellite made of wood by blending age-old woodworking techniques with rocket science.