Weekly Market Report From 03rd to 07th Apr 2023
Market gains as RBI holds rates; Quarterly results will be in focus this week Markets gained in a holiday-shortened week in spite of global market volatility as an unchanged stance by the RBI in its monetary policy meeting aided the sentiments. The global stock market witnessed volatility on evidence of a cooling economy which accentuated worries that the Federal Reserve’s campaign...
Market Morning Notes For 06th April 2023
Markets posted smart gains on Wednesday where Nifty and Sensex rallied by nearly a percent while Midcap Indices ended in the red. After yesterday’s gains, Nifty has cemented its position above 50 & 200 DMA, thus providing more comfort to the bulls. With Nifty 50 surpassing the 17500 level, we expect short covering to force Nifty towards 18652 in the next few days. RBI keeps repo rates...
Market Morning Notes For 05th April 2023
Markets began on a positive note in the April series, but gains were muted as Nifty faced the psychological hurdle of 17500. After Monday’s closing, the Nifty 50 activated a falling wedge breakout which was also corroborated by positive divergence in RSI and RSI breakout. This combination is seen as a crucial trigger for the return of buying momentum with an immediate target seen at 18652 in...
5 Biggest Mistakes In Stock Market Investing
The stock market has always been well-known for generating high returns. Gradually, this has become a popular investment alternative for many new investors. In India, as per the data, the number of demat accounts rose to 11 crores in January 2023 from 8.4 crores in January 2022, registering a growth of 31 percent. The reason behind such growth is increased financial literacy, attractive...
Avalon Technologies Limited IPO (May Subscribe)
Issue Size – 19.83 mnIssue Open/Close – Apr 03/Apr 06, 2022Price Band (Rs.) 415-436Issue Size- Rs 8.65 bnFace Value (Rs) 2Lot Size (shares) 34 Incorporated in 1999, Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services (EMS) company. They have end-to-end operations in delivering box-build solutions, with a focus on high-value precision-engineered...
Weekly Market Report From 27th to 31st Mar 2023
Markets recover on global cues; RBI Policy in focus this week Markets recovered after three weeks of decline as global cues remained positive and flight to risky assets increased as investors chased riskier assets on calming concerns of systemic risk in the US banking system. For the week, the Nifty ended higher by 2.4 pct to 17,360 levels. Nifty Midcap 100 and Nifty Smallcap 100 gained...
ITR 1 FILING PROCESS
Registered users of the e-Filing portal can pre-fill and submit their ITR-1 forms. Individual taxpayers can use this service to file ITR-1 online via the e-Filing portal and by gaining access to the offline tool. This user guide describes the ITR-1 online filing procedure. To File online visit the https://www.incometax.gov.in/IEC/FOPORTAL website. Registered users with valid USER ID and...
ITR 2 FILING PROCESS
Registered users of the e-Filing portal can pre-fill and submit their ITR-2 forms. Individual taxpayers can use this service to file ITR-1 online via the e-Filing portal and by gaining access to the offline tool. This user guide describes the ITR-1 online filing procedure. To File online visit the https://www.incometax.gov.in/IEC/FOPORTAL website. Registered users with valid USER ID and...
Market Morning Notes For 29th March 2023
The market witnessed listless trading activity with Nifty forming a lower high and higher low setup after a Doji star on the previous day. This setup indicates that breakout would now be activated on a move above 17,060 for an immediate reaction towards 17,500. The last few days of the financial year end are seen as portfolios realigning towards low volatility stocks and hence, we can expect...