Futures

  With 260 mn students enrolled in 1.5 mn schools and 39000 colleges catering 27.5 mn undergraduates and 4mn postgraduates, the Online education industry has grown from $247Mn to $1.96Bn and 1.6Mn users to 9.6Mn users from 2016 to 2021. The Informal Education, which includes pre-primary, coaching classes and vocational education and tech-based education courses, is one of the largest in the world. It has low entry barriers and has witnessed entries of large number of players in the past few years. The trend of upskillment in a large working force and Entrance test preparation, contributes to a faster growing online education market in India. C2C models have emerged where content is curated and shared by the individuals through a platforms for the individuals to be consumed. Similarly, B2B models, where institutions seek for a third-party to reach the individuals. Collaborations with corporate entities plays a pivotal role in developing industry-certified content, increasing the acc

Market Opening Analysis Weak opening as indicated by GIFT Nifty. Nifty to open with a gap down of 100-115 points. Resilient Indian market as market managed to end on a flat note on 2 nd April despite weak global sentiments. Nifty formed a small doji candle, signalling indecisiveness among buyers and sellers. Considering there are no negative cues, the short term uptrend remains intact. Mid cap and small cap stocks to maintain their momentum. Today mark’s the beginning of 3 day RBI MPC meeting. There is no expectation in change of rates, but increase in estimates for Friday. OPEC and OPEC+ Meeting today, members might be insisted for output cut. Fed Chairman to give Economic Outlook Forum today at 9:40 PM IST. China services PMI, Eurozone inflation rate and unemployment, US Crude oil inventory numbers are expected today. Crude oil prices boost up on accounts of stronger demand, Mideast tensions and US Manufacturing data. Asian Markets KOSPI, NIKKEI AND HangSeng are trading in t

1.       The S&P 500 declined 0.54% to end the Monday session at 4,569.78 points, with megacaps Microsoft (MSFT.O), Apple (AAPL.O), Nvidia (NVDA.O) and Amazon (AMZN.O) dipping over 1%, pressured by higher U.S. Treasury yields.   The Nasdaq declined 0.84% to 14,185.49 points, while Dow Jones Industrial Average declined 0.11% to 36,204.44 points.    Gold fell more than 2 percent after hitting an all-time high on Monday.   4.       Oil prices fell on Monday on concern about a drop in demand and on continued uncertainty about the depth and duration of OPEC+ supply cuts.   Technical Analysis WallSt. ended lower on Monday, interrupting last week's rally, as investors are cautious ahead of employment data due this Friday that could alter expectations that the Fed will cut interest rates early next year. Asian Markets are currently trading lower, taking cues from the WallSt. KOSPI is trading in the red despite South Korea's inflation eased for the first time in four m

  Tata Technologies Limited (TTL/TTECH) is a prominent global engineering services company with a strong focus on product development and digital solutions. With over two decades of experience, TTL specializes in serving global original equipment manufacturers (OEMs) and their tier 1 suppliers, primarily in the automotive industry. TTL leverages its deep domain expertise in automotive to extend its services to adjacent industries such as aerospace and transportation and construction heavy machinery (TCHM). TTL is a pure-play manufacturing-focused Engineering Research and Development (ER&D) company, primarily centered on the automotive industry. Engaged with seven of the top 10 automotive ER&D spenders and five of the top 10 new energy ER&D spenders in 2022. Automotive revenue constitutes a significant portion of its Services segment revenue. TTL is a subsidiary of Tata Motors Limited (TML), benefiting from long-term relationships with both TML and Jaguar Land Rover (JL