By Subash Gangadharan Over the last few weeks, the Nifty has been stuck in a range between the 50 day SMA and 20 day SMA. On the 15 min chart, we observe that Nifty is now in a short term downtrend as evidenced by lower tops and lower bottoms made over the last 3 sessions. […]
The value of foreign portfolio investors’ (FPI) holdings in the domestic equities reached USD 584 billion at the end of December 2022, which was 11 per cent lower from preceding year, according to a Morningstar report. This was largely on low return given by the Indian equities and exodus of foreign money from the domestic […]
New-age discount brokerage firms are not likely to face any disruption even as traditional firms adapt their business model and attempt to gain market share helped by their deep pockets, said Tejas Khoday, Co-founder and CEO, FYERS in an interview with Kshitij Bhargava of FinancialExpress.com. Tejas Khoday believes investors are now looking at services rather […]
By Saumil Gandhi Most of commodities’ prices moved towards southward direction in last week except natural gas. Precious metals have corrected more than 1.0% last week amid expectation that the Federal Reserve will continue its aggressive monetary tightening to curb inflation. In energy complex, Crude oil prices tumbled by almost 5.0% as concerns over slowing […]
Indian benchmark indices are likely to open on a positive note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the green at 18,088 level. In the previous session, Sensex closed above 61,250 and the Nifty settled above 18,000. “Technically, post the 17,900 breakout the market is comfortably trading above 17,850, which is […]
English all-rounder Tom Curran’s appeal to have his four-match ban overturned for intimidating an umpire during a recent Big Bash League match has been dismissed. Cricket Australia had charged Curran on Thursday with a level-three offence under clause 2.17 in the code of conduct following an incident that occurred during the Sydney Sixers’ team warm-up […]
By Shivangi Sarda Nifty 50 index opened negative on Wednesday but took support at 17500 marks and moved in a positive to range-bound manner throughout the session. It failed to surpass the previous day’s highs but declines were being bought to settle the day above 17600 zones. Buying was visible at support zones but lack […]
It’s too late for the investors to take money off the table as stock markets might bottom in the next 4 weeks, Sandip Sabharwal, investment advisor, said, adding that it doesn’t make sense to exit now. In an interview with Surbhi Jain of FinancialExpress.com, Sabharwal also said that investors should wait before making new investments […]
By Divam Sharma We have seen new-age companies getting listed in 2021, this was a first for the Indian stock markets, where these high-growth disruptors got listed. The initial 6 quarters were a nightmare for these companies and their investors as they saw drawdowns ranging from 30-70% from their listing price. I would say that […]
Israel’s war with Hamas in Gaza will likely cost it at least another 50 billion shekels ($14 billion) in 2024 and result in a near-tripling of its budget deficit, the Finance Ministry said on Monday, projecting that fighting will last through February. Briefing lawmakers, the ministry’s deputy budget commissioner Itai Temkin said the war was […]