By Rajesh Palviya In the previous week Nifty opened with an upward gap and witnessed buying momentum in the initial half however profit booking in the last couple of sessions erased some of earlier gains. Nifty closed at 17516 with a gain of 414 points on a weekly basis. On the weekly chart the index […]
By Bhavik Patel Gold futures are trading above $1950 comfortably after USD declined due to ease in the banking crisis and softer Germany’s inflation. The preferred inflation indicator of the Federal Reserve, the PCE (Personal Consumption Expenditures Price Index) will be released today and forecast is that inflation will remain elevated. This will be positive […]
By Bhavik Patel Gold continues to trade above $2000 with markets recalibrating the expectation that there might be rate hike in May and rate cut starting after September. According to the CME FedWatch Tool, markets see a 70% chance that the Federal Reserve will raise interest rates by another 25 basis points next month. However, […]
Domestic indices BSE Sensex and NSE Sensex saw most of their monthly gains erased as they trade deep in the red today, down 1% – but recouped some of the losses in the afternoon trade. As bears and bulls tussle through the month on Dalal Street, indices have remained volatile over the past few sessions. […]
By Rajesh Palviya In the Nifty current series, a Short Covering has been witnessed with increase in price of 4.09% and decrease in OI by (-4.03%) as of Wednesday, wherein there was unwinding of 3.87 lakh shares in OI, decreasing from 96.04 lakh to 92.18 lakh shares. Nifty current month rollover stands at 14.93% as […]
By Nagaraj Shetti After showing higher level weakness on Tuesday, the Nifty continued with follow-through weakness amidst range bound action on Wednesday and closed the day lower by 149 points. The opening downside gap has been filled partially. A small negative candle was formed on the daily chart with a minor upper shadow. This pattern […]
Indian benchmark indices are likely to open on a positive note, hinted SGX Nifty on Monday. Nifty futures were trading higher at 18354 level on the Singapore Exchange. In the previous session, BSE Sensex fell 461 points to 61,338, while NSE Nifty 50 plunged 146 points to 18,269. “In absence of any major event, global […]
Cine-goers will have no dearth of choice in the coming year as the Indian film landscape promises to come alive with big-banner movies in both Hindi and regional languages. While 2022 was all about films from the south and 2023 saw the resurgence of Hindi movies, 2024 will be a happy mash-up of movies from […]
Honasa Consumer, the parent company of direct-to-consumer beauty and personal care brand Mamaearth plans to utilise its initial public offering (IPO) proceeds of Rs 2,900 crore on marketing initiatives and expanding its offline reach across key brands. The proceeds will be for advertisement expenses towards enhancing the awareness and visibility of its brands, capital expenditure […]
The claims ratio of health insurance segments have fallen to FY19 levels after a spike during the peak of the Covid-19 pandemic. The net incurred claims ratio of health insurance business dropped to 89% in FY23 as compared to 109% and 94% in FY21, data from the Insurance Regulatory and Development Authority of India’s (Irdai) […]
网站备案号: 粤ICP备16118000号-1