FPO Note: Vodafone Idea Ltd.
Highlights Issue Size –: 16,363,636,363 sharesIssue Open/Close – 18 April / 22 April, 2024Price Band (Rs.) 10 – 11Issue Size (Rs.) – 180,000 mnValue (Rs) 10Lot Size (shares) 1298 Vodafone Idea Limited (VIL) backed by Vodafone Group and Adity Birla Group, is the 3rd largest telecommunications service provider in India based on subscriber base and 6th largest cellular operator...
Bharti Hexacom Ltd. (Subscribe)
Highlights Issue Size –: 75,000,000 sharesIssue Open/Close – 03 Apr / 05 Apr, 2024Price Band (Rs.) 542 – 570Issue Size (Rs.) – 42,750 mnFace Value (Rs) 5Lot Size (shares) 26 Bharti Hexacom Limited (BHL) is a subsidiary company of Bharti Airtel Limited incorporated on 1995, engage in the business of providing communication solutions which offers consumer mobile services, fixed-line...
Market Morning Notes For 20th March 2024
Markets breached 50 DMA on Tuesday on back of selling in broader markets, but India VIX continued to remain in a narrow range indicating signs of a mere shake out rather than trend reversal. In short term charts, Sensex has seen retracing sharply after hitting new all-time high and negating a double top setup. This would mean that there is high likelihood that prices may find support near...
Fixed Deposit Returns vs. Other Asset Classes Returns
Navigating today’s complex financial landscape can be daunting, with choices ranging from stocks and mutual funds to gold and fixed deposits (FDs). Amidst market volatility, experts advocate for constructing a diversified portfolio, leveraging assets like stocks or mutual funds to weather fluctuations. Gold serves as a stable diversifier, less susceptible to financial tightening,...
Popular Vehicles and Services Ltd. (Subscribe)
Highlights Issue Size –: 20,391,651 sharesIssue Open/Close – 12 Mar / 14 Mar, 2024Price Band (Rs.) 280 – 295Issue Size (Rs.) – 6,015 mnFace Value (Rs) 2Lot Size (shares) 50 Popular Vehicles and Services Limited (PVSL) incorporated in 1983, is diversified automobile dealership in India in terms of sales as of FY23, they cater to the complete life cycle of vehicle...
Market Morning Notes For 12th March 2024
Markets traded lower yesterday with market breadth remaining weak throughout the trading session. For a trading perspective, a decline in India VIX could be a important trigger for a sharp upswing in Nifty towards a target of 23,500. In the past few days, Nifty Futures has seen a smart cementing of its positions above 22,200 and is likely to trigger next leg of short covering in the coming...
Market Morning Notes For 6th March 2024
Market extended the consolidation phase for the second straight day yesterday as indices oscillated in a narrow range before ending with modest losses. A sharp decline in India VIX below 14.5 indicates market could be poised for a major upswing towards 23,500 in the coming days. In other news, Indian government bonds will be included in Bloomberg EM Local Currency Government Index and...
Market Morning Notes For 5th March 2024
Markets ended with marginal gains with Nifty futures consolidated above the breakout levels of 22300 while India VIX settled around 15. The surge in Gold and Bitcoin in the past few days clearly shows ample liquidity in global markets and we expect Nifty future to rally towards 23,500 in the coming days. Nifty Futures Chart Stocks to watch Positive Read through BEL, BEML,...
Market Morning Notes For 4th March 2024
Markets for the week ended with gains of less than a percent but was able to penetrate the resistance of 22,300 after an intense battle, thus paving the way for a meaningful upside in the near term. The breakout in Nifty futures has clearly been established and we expect an immediate upside target of 23,400 to be achieved in the next 10-15 trading session. Meanwhile, a rebound in Bank Nifty...