Oil prices rose around 1% on Friday, extending gains from the previous trading session after data showed lower fuel inventories following a winter storm that hit the United States at the year end. Brent crude futures last gained 79 cents, or 1%, to $79.48 a barrel at 0203 GMT, after settling up 85 cents at […]
By Rajesh Palviya On the weekly chart, NSE Nifty 50 index has formed a small Bullish candle carrying shadows on the either side representing volatility on the either side. The chart pattern suggests that if Nifty crosses and sustains above 17500 level it would witness buying which would lead the index towards 17700-17800 levels. However […]
Mukesh Ambani-led Reliance Industries Ltd (RIL) is expected to report a moderate growth in net sales in the range of 3-9.8 per cent for the fiscal fourth quarter ended March 31, 2023 and double-digit growth in EBITDA with estimates going as high as 20 per cent. “Reliance Industries (RIL) is expected to witness a strong […]
By Bhavik Patel Gold price managed to sustain above $1800 and will end solidly 2022 by giving returns of almost 14 percent in MCX. For the 2023 outlook, we might see gold pushing above $1900 as sentiment started shifting from November this year. We will see a peak in the US Federal Reserve’s monetary policy […]
U.S. stock futures rallied in Asian trade on Monday as authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB), while investors wagered future hikes in U.S rates would now be less aggressive. In a joint statement, the U.S. Treasury and Federal Reserve announced a range of measures to stabilise […]
Shares of Adani Group companies slid 5-20% on Friday, with several stocks hitting the lower circuit, after a scathing report by US-based Hindenburg Research triggered a selloff. The bloodbath has erased over `4 trillion in the group’s combined market capitalisation in the last two trading sessions. On Friday, Adani Enterprises (AEL), the flagship entity of […]
Titan shares rose 4.55% to Rs 2,409.75 on Friday, February 3 2023 despite the company’s EBITDA missing market estimates. Titan topped the list of late Rakesh Jhunjhunawala’s favourite stocks, and hasn’t shown any significant movement since the demise of the big bull. In the last one month, the stock has fallen over 7% while it […]
US authorities were swift to launch emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank (SVB) threatened to trigger a broader financial crisis. After a dramatic weekend, regulators said SVB customers will have access to all their deposits starting Monday and set up a new […]
By Shivangi Sarda The Nifty 50 index opened positive on Wednesday and a sharp recovery was seen towards 16400 zones led by a short-covering move. It turned from its oversold territory and closed with gains of around 330 points. Nifty formed a Bullish candle on the daily scale and negated its lower lows formation of […]
Mumbai Khiladis has roped in five sponsors for the ongoing Ultimate Kho Kho season two. The franchise has garnered a combined sponsorship amount exceeding Rs 8.30 crore reflecting the growing popularity and commercial appeal of sports such as Kho Kho in India. Mumbai Khiladis will witness a sports news portal, 1XBat join as the title […]