By Dharmesh Shah Equity benchmarks snapped two weeks winning streak and concluded the week on a subdued note amid global volatility. Nifty ended the week at 16985, down 3%. Meanwhile, the broader market relatively underperformed the benchmark as Nifty midcap, small-cap skidded over 4%, each. Barring IT, all other indices ended in red weighed by […]
India recorded 529 fresh COVID-19 cases in a single day, while the country’s active infection count stood at 4,093, the health ministry said on Wednesday.Three new fatalities — two from Karnataka and one from Gujarat — were reported in a span of 24 hours, according to the ministry’s data updated at 8 am. The number […]
Oil prices soared nearly 6 per cent on Monday after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed. US benchmark crude oil rose USD 4.24 to USD 79.91 per barrel, or 5.6 […]
By Subash Gangadharan After consolidating for the last few sessions, the Nifty has broken out to new life highs on Wednesday. Zooming into the 60 min chart, we can see that the index is holding above a rising 20 and 50 period MA indicating that the uptrend looks set to continue. The below picks are […]
U.S. stock index futures inched higher on Friday as investors awaited fresh inflation data to assess the Federal Reserve’s path of future interest rate hikes, with the central bank’s policy tightening weighing heavily on equities this year. The core personal consumption expenditure price index, the Fed’s preferred inflation gauge, is expected to have increased 0.2% […]
By Niranjan Avasthi A trend in markets can be a double-edged sword. There are some who gain from a trend while there are many who may lose from a trend. A case in the point is the recent investors’ frenzy in India’s primary or Initial Public Offering (IPO) market. According to estimates, more than 36 […]
A man was fatally shot and three people were hurt as gunfire rang out at a shopping center in Colorado on Christmas Eve, police said Sunday. A fight broke out between two groups of people in the afternoon at the Citadel Mall in Colorado Springs and officers received a report of gunshots and responded, the […]
The IPO train is unlikely to slow down this month as nearly Rs 2,000 crore worth of initial public offerings (IPOs) will hit Dalal Street next week, taking the total number of IPOs in December to five. So far this year, 36 IPOs have hit the market, raising nearly Rs 62,000 crore. With the two […]
Oil prices were little changed on Friday but are set for their second weekly drop as disappointing economic data from the U.S., the world’s biggest crude user, and uncertainty on further interest rate hikes raised concerns about future fuel demand. Brent crude futures for June were trading at $78.53 a barrel, up 16 cents, or […]
XLRI XAT Admit Card: The access to the Xavier Aptitude Test (XAT) admit card link has been terminated, causing inconvenience as the download window, which ceased functioning yesterday, remains inaccessible. Initially slated for release on December 20, 2023, the XAT admit card 2024 was rescheduled to be available on December 27. Surprisingly, it was unexpectedly […]
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