The Nifty ended 0.56 pct down at 22147.90 in the previous session, however the broader market remained somewhat resilient. It opened on a weaker note followed by choppy moves towards ending in red. The Nifty could take support around 22,000 levels. Further, bullish momentum likely to continue as long as pivotal support placed around Nifty […] The post Market Morning Notes For 18th April 2024 appeared first on Fintoo Blog ..read more

Highlights Issue Size –: 16,363,636,363 shares Issue Open/Close – 18 April / 22 April, 2024 Price Band (Rs.) 10 – 11 Issue Size (Rs.) – 180,000 mn Value (Rs) 10 Lot Size (shares) 1298 Vodafone Idea Limited (VIL) backed by Vodafone Group and Adity Birla Group, is the 3rd largest telecommunications service provider in India […] The post FPO Note: Vodafone Idea Ltd. appeared first on Fintoo Blog ..read more

The Indian equity indices extended losses for the second consecutive session on yesterday on wide-spread selling, as Israel and Iran tensions escalated with Nifty breaching support of 22,300. With a dent below 22,300, we expect selling pressure to force Nifty towards 22,050 but a larger trend till 23,500 remains intact. We would suggest buy on […] The post Market Morning Notes For 16th April 2024 appeared first on Fintoo Blog ..read more

Markets managed to end higher on Wednesday with Nifty Bank moving closer to 49,000 while Nifty posted gains of 0.5% despite being jittery at higher levels. At present, major catalyst for upside momentum is based on strength of Nifty Bank with the index cementing its position above 48,300. The upside potential in Nifty Bank is […] The post Market Morning Notes For 12th April 2024 appeared first on Fintoo Blog ..read more

Markets formed a bearish counterattack line pattern on candlestick after prices cooled off at the days to end in marginal losses yesterday, but Nifty Bank continued to exhibit strength with closing above 48,636 which turned out to be earlier all-time high. At the current juncture, we expect Nifty 50 to take back seat for some […] The post Market Morning Notes For 10th April 2024 appeared first on Fintoo Blog ..read more

Markets for the week began on a positive note with Nifty 50 gaining over 0.7% while Nifty Bank remained laggard as gains were mainly contributed from Reliance Industries and Auto sector. With India VIX trading below 11.6 mark, markets are on a verge of a major upmove which is most likely to be lead from […] The post Market Morning Notes For 9th April 2024 appeared first on Fintoo Blog ..read more

Markets last week remained range bound with Nifty ending higher by 0.5% while Bank Nifty outperformed with gains of around 3%. With weekly closing above 48000 in Bank Nifty, expect major short covering in coming days with immediate target seen at 51500. The ratio of Bank Nifty to Nifty 50 Index has seen major reversal […] The post Market Morning Notes For 8th April 2024 appeared first on Fintoo Blog ..read more

Market activity remain lackluster for the third consecutive trading session to finally end with marginal losses in Nifty 50 index while broader markets remained firm. We expect the current consolidation to be followed with momentum up move in the coming days with major breakout expected above 22,550 with a potential target of 23,500. Nifty Futures […] The post Market Morning Notes For 4th April 2024 appeared first on Fintoo Blog ..read more

Highlights Issue Size –: 75,000,000 shares Issue Open/Close – 03 Apr / 05 Apr, 2024 Price Band (Rs.) 542 – 570 Issue Size (Rs.) – 42,750 mn Face Value (Rs) 5 Lot Size (shares) 26 Bharti Hexacom Limited (BHL) is a subsidiary company of Bharti Airtel Limited incorporated on 1995, engage in the business of […] The post Bharti Hexacom Ltd. (Subscribe) appeared first on Fintoo Blog ..read more

Market activity on Tuesday remained range bound with formation of back-to-back doji star on daily candlestick chart while India VIX continues to plunge on back of sustained activity of put writing in the system. A lower reading in India VIX below 12 should be seen as major signs of optimism as with institutions aligning their […] The post Market Morning Notes For 3rd April 2024 appeared first on Fintoo Blog ..read more