Chart Of The Day – Titan Shows Its Worth

After reporting stellar numbers in Q2, Titan rallied as high as 25% during the day before closing 18.8% higher in today’s session. The stock witnessed huge accumulation, as today’s volume was 12 times more than the 50-day average.

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Daily Big Picture – Last Hour Trade Drags Down The Market

Today’s Action:

The Nifty and the Sensex witnessed divergent trend today amidst consolidation. Negative sentiments, due to Paradise papers, loom over the market.

Daily Market Review:

Equity indices started the day on a negative note and traded almost flat for the first half of the trading session, during afternoon, some accumulation was observed as both the Sensex and the Nifty made an intraday all-time high. However, the last hour trade eroded all gains, as the Nifty ended flat today. Continue reading “Daily Big Picture – Last Hour Trade Drags Down The Market”

Exploring the Demerger Process

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Imagine that you own shares in a company, which is going to demerge one of its business. Once a demerger/Spinoff occurs, investors have an important decision to make: Whether to sell or hold shares of the parent company or  to sell or hold shares in the new company? We have been getting lot of questions on the same topic from several of our clients; hence, we thought of writing this article. Continue reading “Exploring the Demerger Process”