By Rohan Patil Bears continued to tighten their grip on the Indian market last week and closed in red with a fall of more than two per cent in two consecutive weeks. In the previous week, prices have formed a bullish ABCD harmonic pattern on the weekly chart and it continued to trade with the […]
By Mahavir Kaswa Financial markets around the world have had a rough start in 2022. Equity indices are tumbling from all-time highs and bond yields continue to trend upwards. Central Banks have begun raising rates and are tightening the supply of “easy money” to combat the woes of rampant inflation. The Russia-Ukraine conflict and lockdowns […]
By Jigar Trivedi Gold weakened past $1,860 an ounce on Friday and set to decline for the second straight week, weighed down by hawkish signals from Federal Reserve officials who reiterated their commitment to bring down inflation with more rate increases. Those developments came on the heels of stronger-than-expected US jobs numbers which could fuel […]
Oil prices fell in early trade on Wednesday after industry data showed a big build in U.S. crude inventories, rather than the decline forecast by analysts, reinforcing fears about weakening demand even as supply tightens. U.S. West Texas Intermediate (WTI) crude futures fell 30 cents, or 0.4%, to $75.09 at 0128 GMT, paring a 3% […]
Electrical appliance maker Havells reported revenue growth of 12.6% y-o-y in Q3FY23. However, Ebitda and PAT were down 3.8% and 7.3% y-o-y. While gross margin improved 75bps y-o-y, higher staff cost and other expenses as percentage of sales pulled the Ebitda margin down by 175bps y-o-y. PAT margin also contracted to 6.9%. While B2C sales […]
By Rohan Patil The Nifty 50 index has formed a bullish ABCD harmonic Pattern at 15350 levels and currently prices are trading marginally above their PRZ (potential reversal zone) on the weekly time frame. Last week we saw a decent pullback in the prices after a consecutive negative closing on the weekly closing basis. In […]
By Subash Gangadharan Nifty Daily chart indicates the index has reversed its recent downtrend as it has crossed the previous swing high of 17309 and has closed above 50 day SMA. The 14-day RSI too has made a higher bottom, bounced back and closed above its 9-day EMA. We, therefore, expect the Nifty to gradually […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian equity indices ended Monday’s session in the red territory. The BSE Sensex fell 334.98 pts or 0.55% at 60,506.90 and NSE Nifty 50 closed 89.45 pts or 0.50 pts lower at 17,764.60. The top gainers on the Nifty were Adani Ports, IndusInd Bank, BPCL, […]
SGX Nifty hinted that the domestic equity indices could see a start in the green. On the Singapore Exchange, Nifty futures were trading higher, up 103 points, at the 17,130 level. On Thursday, markets snapped a 5 day losing streak, as Nifty closed 0.08% higher. However, it was still under the 17,000 level. Sensex closed […]
By Ankur Agarwal Private equity (PE) firms are constantly looking for ways to improve their decision-making and create value for their investors and grow the portfolio companies they invest in. Having the data is just one half of the puzzle; analysing it to meaningful inferences is the other half that can help PE firms achieve […]