Top News Market Research Report
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Top News
Jio Financial Services plans to accelerate India’s growth story by offering a slew of financial services to informal and under-served section at affordable cost.
Sun pharma is expected to clock high single digit top line growth in FY24 and expansion of global speciality is expected to continue. On the EBITDA front, R&D is expected at 7-8% of sales, while the company will continue to optimise costs and manufacturing efficiency
RIL is expected to enhance production to 30 mmscmd this fiscal (FY24) and also, it is pursuing further exploration in HPHT blocks in Krishna-Godawari basin (KG-UDW1 and KG-UDW2 blocks), with an aim to sustain the gas production for another 15-20 years
Gokaldas Exports Limited (GEL) through its wholly owned subsidiaries has entered into an agreement to acquire Atraco Group (Atraco), a leading manufacturer of apparel with a strong market posion and customer relaonships across U.S. and Europe. Atraco operates with a network of four manufacturing units in Kenya and one in Ethiopia producing about 40 million garments annually
In a regulatory filing the company has informed that Kalyani Rafael Advanced Systems Private Limited, a joint venture company between Kalyani Strategic Systems Limited (a wholly owned Defence subsidiary of Bharat Forge Limited) and Rafael Advanced Systems Limited of Israel, has bagged an order amounting to 287.5 crore from the Indian Ministry of Defence for the supply of Missile Systems
RIL identified 4 growth frontiers for Jio’s growth which included 1. 5G (& Jio Bharat) 2. Home broadband 3. Jio Business and 4. Jio platform opportunities for global expansion (in 5G stack and AI). It announced JioAirFiber (to be launched on 19th September 2023) which can supercharge home broadband expansion with up to 150,000 connections per day which is a 10-fold increase expanding the addressable market over the next three years to over 200 million
How to start make money online in Stock market 2023
Global Market
US MARKETS, EUROPEAN MARKETS & ASIAN MARKETS are all in bullish trend. GIFT NIFTY is in a flat range it is trading near the support level of 19300.
Pre market report
Nifty is the bullish trend it is trading above the support level technical indicator MACD is in bullish trend.
Bank Nifty is in bullish trend yesterday it crossed the resistance level of 44500 the support level is 44100.
Stock Recommendation
Dalmia Bharat
Action: Buy
Recommended Price: 2040-2050
Stop Loss: 1800
Target: 2350
Duration: 6 months
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