Buy #Karurvyasya at 49.. target 54/57.. SL43

MOODY'S CHANGES INDIA'S RATING OUTLOOK TO STABLE FROM NEGATIVE; AFFIRMS BAA3 RATING

Happy Dusshera wishes to everyone!!

#nifty and #banknifty spot levels for tomorrow

#banknifty new levels for intraday

#biocon buy at 371. Target 383/390. SL 359

Force motors cash buy at 1264. target 1300/1360.. SL 1220

These 65 stocks turned multibaggers in 2021

The first 3 words you see will be your mantra for #2022 !!

#Reliance Ind weight will increase tomorrow in #sensex and FTSE leading to inflow of $100 million + tomorrow in reliance .

Wishing everyone 2022 a year filled with promises and happiness!!

#MOTHERSON SUMI - Shareholders will get 1 share of INR. 1 each of Motherson Sumi Wiring for every 1 Equity Share of Motherson Ltd (Current entity will b called Samvardhana Motherson) Samvardhana Motherson - Rs 180-200/sh Wire Harness - Rs 60-70/sh (To be listed later)

#banknifty spot below 38281 target 38085/ 37890/ 37695/ 37500 Below 18125 next target 17970/ 17812 #nifty spot

US 10 year bond yield hit high of 1.85%.. in last few days has moved from 1.6% to 1.85% .. this high yield is not a good sign for equity markets #nifty #banknifty

Why equity markets globally are jittery- 1) US December inflation was 7% highest in 39 years 2) WTI crude is at $85 ( up frm $68 in mid dec) Brent crude is at $87 (up frm $72 in mid dec) which further stokes further global inflation fears including US.. #nifty #banknifty 1/4

2/4 3) Jan inflation figure would be higher than Dec for US 4) Jan 25/26 Fed meet is expected to start rate hike from March 2022 itself with aggressive rate hike in 2022 which is reflected in US 10 year bond yield hitting 2 year high of 1.85%

3/4 5) Investors are looking for signs that companies can sustain profit growth despite rising risks from inflation, interest rates, supply chain bottlenecks and slowing economic growth following last year’s blockbuster earnings.

4/4 6) Higher interest rates would mean a bigger discount for the present value of future profits, hurting growth stocks with the highest valuations, including technology, and boosting cheap or so-called value shares.

#nifty hit first target 17970.. low 17885 #banknifty low 37769