Where is Bank Nifty headed after stocks cheer RBI’s unexpected repo rate pause? Check support, resistance

Bank Nifty outlook: Banking indices surged on Thursday with Bank Nifty rising 0.52% to 41,214.05, Nifty Financial Services climbing 0.42% to 18,449.10, Nifty PSU Bank skyrocketing 1.30% to 3,774.05 and Nifty Private Bank advancing 0.24% to 20,879.35 after the Reserve Bank of India surprised markets by pausing a rate hike earlier than expected. The NSE […]

Indian Railways Year Ender 2023: Here’s a detailed look at all Vande Bharat trains launched this year – Routes, prices, timings & more

India’s first semi-high-speed self-propelled train – Vande Bharat has revolutionised the railway sector of the country by significantly reducing travel time along with utmost comfort. Manufactured by Integral Coach Factory (IDF) in Chennai, these trains are equipped with ultra-modern features like quick acceleration, a maximum speed of 160 Kmph, on-board infotainment, and GPS-based passenger information […]

AI-enabled hyper-personalisation: Next thing in finance industry

By Balakrishnan Narayanan The financial landscape is undergoing a revolutionary transformation, driven by the convergence of technology, giving rise to the flourishing fintech and lending industry. With a promising growth forecast in the next few years, the industry is poised to witness unprecedented changes. A significant catalyst behind this evolution is the emergence of Artificial […]

Markets Wrap – Wed, 22 Feb ‘23: Nifty, Sensex crash, rupee falls; Asia, US markets, Gold, Crude updates

Domestic indices suffered huge losses on Wednesday dragging Nifty 50 below 17,560 and Sensex below 59,750. Bank Nifty breached the crucial level and closed below 40,000 as the negative global market sentiments triggered bloodbath on Dalal street. The only gainers on the Nifty 50 were ITC (up 0.50%) and Bajaj Auto (up 0.26%) while Adani […]

Petrol and Diesel Rate Today, 9 May: Some cities see revision; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Petrol and diesel prices were constant on Tuesday, 9 May across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last eleven months. However, individual cities see fluctuations in their prices everyday. The prices of petrol and diesel […]

Nifty needs to move above 17550 for more upside, Bank Nifty may see buying above 36900

By Rajesh Palviya On the weekly chart the index has formed a “Doji” candlestick formation indicating indecisiveness amongst market participants regarding the direction. The index is moving in a Lower Top and Lower Bottom formation on the daily chart indicating negative bias. The chart pattern suggests that if Nifty crosses and sustains above 17550 level […]

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