Oil prices nudged higher in early Asian trade on Monday, supported by the prospect of tighter supplies from OPEC+ producers from May, but concerns about the global economic outlook capped gains. Brent crude futures gained 13 cents, or 0.2%, to $85.25 a barrel by 2356 GMT, while U.S. West Texas Intermediate crude was at $80.84 […]
By Subash Gangadharan Nifty has rallied this week after taking a breather in the previous week. In the process, the Nifty has crossed its previous swing high of 17442, thereby remaining in a strong uptrend. Technical indicators too are giving positive signals as the index trades above the 20 day and 50 day SMA. Daily […]
By Saumil Gandhi Commodity prices advanced with most of the commodities posting a gain for the week. Bullion prices rebounded from multi-month lows and closed for a weekly gain. Crude oil price soared by 4.40% as optimism for demand recovery from China and India, with China’s oil imports likely to hit a record high in […]
Samsung has launched the Galaxy A15 and Galaxy A25 5G smartphones in India today, per schedule. The Galaxy A15 5G takes on the Realme C67 5G and Redmi 13C 5G with its Dimensity 6100 Plus chip and 50-megapixel primary camera, while the A25 5G is a more premium offering with Samsung’s Exynos 1280 at helm […]
New-age stocks have been falling for quite some time as overvaluation concerns overpowered growth exuberance in such new-age listed companies. Paytm share price is down 28% from its 52-week high, Zomato is down 44%, PB Fintech is down 39%, and Nykaa is down 54%. “Pricey Valuations coupled with lack of earnings visibility continue to plague […]
By Shivangi Sarda Nifty 50 index opened positive on Wednesday and gained strength as recovery was seen despite hurdles at key levels. It remained within the range of yesterday’s candle and closed with gains of around 180 points. It comparatively remained less volatile and formed a small-bodied Bullish candle on the daily scale. Bank Nifty […]
The rupee declined by 27 paise to close at 82.76 against the US dollar on Thursday after the US Federal Reserve’s interest rate hike and its hawkish stance dented investor sentiments. A massive sell-off in domestic equities and a strong greenback overseas also weighed on the local unit, forex traders said. It finally settled at […]
India fared well both relatively and in absolute terms with respect to economic and stock market performance. Going ahead, we believe H1CY23 may turn out to be volatile as investors around the globe would seek answers to key puzzles such as: (i) How fast interest rate hikes come to a halt globally, (ii) Damage to […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Tuesday’s session in the red territory. The NSE Nifty 50 fell 34 pts or 0.20% to 16,951.70, BSE Sensex 40.14 pts or 0.07% to 57,613.72 and Bank Nifty rose 136.60 pts or 0.35% to 39,567.90. The top gainers on Nifty 50 were […]
Medical equipment manufacturer Airox Technologies has decided to withdraw its Rs 750-crore initial public offering (IPO). The IPO was slated to be an offer-for-sale (OFS) of equity shares by its promoters — Sanjay Bharatkumar Jaiswal and Ashima Sanjay Jaiswal. However, the draft offer documents for the IPO were withdrawn on February 28 and the reasons […]