Market Updates - Angel One

It’s 1-0 in the battle between Telegram vs WhatsApp. Recently the massaging giant, WhatsApp revised its Terms of Use policy which raised concern among different segments of the population. But much before the recent controversy, several brokerage and advisory firms have shifted to Telegram because of its wider customer reach and better admin control.  In …

For a considerable part of 2020, gold price kept soaring. In the domestic market, the gold price even crossed Rs 50,000 marks for 10 grams of gold for the first time.  However, for the last few trading sessions, both gold and silver futures prices dipped significantly following global cue as dollar strengthens and economies showing …

The motor manufacturer, Eicher Motors’ share prices rallied during intraday after the company reported year-on-year growth of 37 percent growth in December 2020. Company’s motorcycle sales stood at 68,995 units against 50,416 units it sold during the same month last year.  COVID-19 has impacted the two-wheeler market like any other sector. However, growing aversion of …

In Tata Motors share news, company stocks jumped after the car manufacturer revealed sales figures for December 2020. The company registered 84 percent growth in the domestic passenger vehicles segment even with tepid demand in the pandemic-hit market. According to reports, the passenger vehicle segment of the company witnessed a steady growth during last year. …

The last IPO of 2020 that made a market debut on January 1, 2021, traded 29 percent higher on its listing date. Anthony Waste Cell’s initial public offering was the last of 2020, was opened for subscription from December 21-23.  Antony Waste Handling Cell, the second-largest solid waste management company in the country,  hit the …

International brokerage firm Jefferies India predicted strong performance from Nifty in 2021, expects the index to grow 12 percent to touch 15,800 points milestone in December 2021. Amid favourable global backdrop, the domestic equity market is expected to rally to generate a healthy 14 percent return. Mahesh Nardurkar, MD and head of Jefferies India said …

As we prepare to pull the curtain over 2020, there are too many expectations from 2021. In the stock market, we can expect lots of action to take place. The stock market has made sincere efforts for recovery after experiencing a setback during the initial months, especially during the second half of the year. SENSEX …

Burger King shares made a stellar debut at the exchanges, where its price nearly doubled during trading on Monday. The shares traded at 94 percent and 87.5 percent premium respectively on BSE and NSE, and about 205.89 million equity changed hands on the first day of trading.  Burger King was the third company to receive …

Dent caused by the pandemic is showing in the company’s stock performance. ITC reported YOY decline in its profit during the June quarter report. Global decline in cigarette sales has also impacted the performance of stocks, which remained an underperformer for the last few months. However, last week, giving much relief to the investors, ITC …

Analysts feel globally weakening dollar, and the spree of FII investment in the domestic market caused rupees to gain against the dollar. Wednesday, rupee advanced 11 paise against dollar, which traded at 73.49. Over the last few days, the domestic unit has gradually gained against the dollar.  In the forex market currencies are traded in …