By Subash Gangadharan While the Nifty has bounced back strongly on Monday and is holding above the 50 day SMA, it is now finding resistance at the 20 day SMA which is currently at 18050. Upside acceleration is likely in the coming week only once these 18050 levels are taken out convincingly. In this scenario, […]
By Sanjay Srivastava The launch of ChatGPT in November last year created quite a furore, and currently, it boasts over 100 million users. It has undoubtedly emerged as a transformative tool in the educational landscape, providing students with a wealth of resources and personalized learning experiences. However, the integration of ChatGPT into the classroom has […]
Benchmark indices are likely to open with gains on Budget 2023 hinted SGX Nifty as Nifty futures traded 130 pts higher at 17882 on the Singapore Exchange. “Markets are likely to see some volatility on budget day. Any constructive announcement by the government in the Union Budget can take the market higher. The focus would […]
The Securities and Exchange Board of India (Sebi) plans to put in place a mechanism to ensure that the client money or float does not remain with brokers even for a single day. The regulator aims to implement this in the next six months and has formed a committee to streamline the process for the […]
Indian offshore rig operators are set for a 30 per cent spurt in operating profit in fiscal 2025 as strong global demand for rigs amid healthy crude oil prices keeps day rates elevated after doubling to ~$85,000 from last year’s level, said a report by CRISIL Ratings. The operators, it added, will benefit gradually as […]
In the bustling streets of Mumbai, Mithun Sacheti embarked on his business journey with Jaipur Gems, a jewelry store that laid the foundation for his remarkable career. However, it was his entrepreneurial vision that led him to establish CaratLane in Chennai, a venture that would eventually be valued at a staggering Rs 17,000 crore. At […]
Droneacharya Aerial Innovations shares listed at a bumper premium of 90% despite the domestic equity markets trading in the red on Friday. Droneacharya Aerial Innovations stock made its market debut at Rs 102 on the BSE, as compared to the public issue price of Rs 54. The scrip shortly thereafter rose to Rs 107 per […]
COVID-19 cases continued to spike across India. According to a report by news agency PTI, forty more cases of the COVID-19 sub-variant JN.1 were recorded, with the tally of cases of the new variant across the country till December 26 rising to 109. Thirty-six cases were detected from Gujarat, 34 from Karnataka, 14 from Goa, […]
The domestic equity markets will be driven by ongoing quarterly earnings announcements and global factors this week, analysts said. Besides, the trading activity of Foreign Portfolio Investors (FPIs) would also be tracked. “In the domestic market, the March 2023 quarterly earnings season and Karnataka assembly elections will be in focus. Asian Paints, Cipla, Eicher Motors, […]
Benchmark equity indices Sensex and Nifty ended lower on Wednesday, marking their third straight day of losses due to selling in IT and select banking shares and foreign fund outflows.Falling for a third day, the 30-share BSE Sensex declined 159.21 points or 0.27 per cent to settle at 59,567.80. During the day, it fell 274.29 […]
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