By Anand James April brings in much-needed positivity, as it has done several times in the past few years. Earnings also ensure to bring in a much-needed distraction that should help traders take a stock-specific approach, and look away from index-based views. That said, the much-awaited short covering of FII’s index future shorts is yet […]
By Subash Gangadharan Nifty 50 has been trending lower for the last few weeks and making lower tops and lower bottoms in the process. And Nifty has been moving lower after the recent breakdown from 16,824-17,415 trading range. While we remain open to pullback rallies in the very near term, we expect the downtrend to […]
Taiwanese and South Korean stock markets ended Thursday’s session in red following the weak sentiment in global markets. FTSE TWSE Taiwan 50 Index fell 25.74 points or 0.23% to 11,245.62 and KOSPI Composite Index dropped 30.15 points or 1.26% to 2,369.10. The Taiwan 50 Index touched an intraday high of 11,271.36 and a low of […]
Companies that availed of production-linked incentives invested as much as Rs 32,500 crore in the first half of the current fiscal year, taking the total investments enabled by the performance-linked sops to over Rs 95,000 crore, official sources said on Tuesday. In the first six months of FY24, the PLI-supported units achieved incremental sales and […]
By Shrikant Chouhan NSE Nifty 50 bounced back sharply on Tuesday, ending 509 points higher while the Sensex rallied by 1,736 points. Technically, after a sharp fall, the Nifty 50 index took the support near 200 days SMA and reversed sharply. On daily charts, the 50-stock index formed a long bullish candle indicating continuation of […]
By Rohan Patil Bears are getting aggressive on Dalal Street and have closed forcefully below its 21-week exponential moving average on the weekly time frame. Benchmark index has closed three per cent lower on the weekly basis and has engulfed its previous week’s green candle and formed a bearish engulfing candlestick pattern. On the daily […]
By Rahul Shah Equity benchmark Index completed their biggest weekly decline since November, as concerns about policy moves by U.S. Federal Reserve, a spike in US Bond Yield and a rally in crude oil prices dented investors’ appetite for riskier emerging-market assets. Moreover, continued FII selling and mixed bag on corporate earnings dampened the market […]
Domestic indices extended losses on weekly F&O expiry. The NSE Nifty 50 fell 96.95 pts or 0.57% to 16,875.20, BSE Sensex plunged 301.86 pts or 0.52% to 57,254.04 and Bank Nifty tanked 340.50 pts to 38,711.00. The top gainers on Nifty 50 were BPCL (up 3.09%), Titan (up 1.82%), Nestle India (up 1.63%), Britannia (up […]
By Kunal Valia India’s Foreign Exchanges Reserves have come down from USD 630bn in Sep 2021 to around USD 580bn in July 2022. This is on the back of selling in Indian equity markets by FII. FII Sell-off is not just restricted to India but widespread across emerging markets as well as quite a few […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:The oil prices in the country have not been changed on 31 December 2022 and costs have been steady for about seven months now. The last country-wide change in fuel rates was on 21 May this year, when Finance Minister Nirmala Sitharaman slashed excise duty […]
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