By Rohan Patil Nifty 50, the benchmark index, on the weekly chart has formed a bearish evening star candlestick pattern and has drifted below 17500 levels with a loss of more than one and a half per cent. From the second week of October 21, momentum oscillator RSI (14) is reading in a lower low […]
By Shivangi Sarda Nifty 50 index opened positive on Wednesday and gained strength as recovery was seen despite hurdles at key levels. It remained within the range of yesterday’s candle and closed with gains of around 180 points. It comparatively remained less volatile and formed a small-bodied Bullish candle on the daily scale. Bank Nifty […]
Medical equipment manufacturer Airox Technologies has decided to withdraw its Rs 750-crore initial public offering (IPO). The IPO was slated to be an offer-for-sale (OFS) of equity shares by its promoters — Sanjay Bharatkumar Jaiswal and Ashima Sanjay Jaiswal. However, the draft offer documents for the IPO were withdrawn on February 28 and the reasons […]
By Sameet Chavan The Indian equity market tumbled on weekly F&O expiry day, tracking the global bourses, wherein the benchmark index NSE Nifty 50 plunged below the psychological mark of 16000 from the start of the session. The weakened macro factors have dampened the overall sentiments as we witness the relentless selling pressure in the […]
The Centre may tweak sovereign green bond issuances if the ‘greenium’ to be offered on such bonds in FY24 is not attractive, a senior government source said. For the first time, the Centre mobilised Rs 16,000 crore through two tranches of green bonds in January-February. The government was not exactly happy with the outcome as […]
Union Budget 2023 is just around the corner and Dalal Street is buzzing with speculations about what Finance Minister Nirmala Sitharaman would present in her fifth Budget. Experts believe that since this would be the last full-fledged budget of the incumbent central government, it is likely to focus on capital expenditure (capex) as a growth […]
By Rajesh Palviya In the Nifty current series there has been a Long Unwinding witnessed with decrease in price of -2.40% and decrease in OI by -52% as of Wednesday wherein there was unwinding of 58.14 lakh shares in OI, decreasing from 112.81 lakh to 54.62 lakh shares ahead of monthly expiry scheduled on Thursday. […]
Within the world of cryptocurrency, a project’s presale phases frequently represent important turning points, exhibiting not only the project’s advancement but also providing hints about its possible size and market impact.Retik Finance (RETIK) has entered its third presale stage after the successful completion of stages 1 and 2. Many people are interested in learning more […]
Bajaj Finserv Ltd (BFL) on Wednesday reported a 31 per cent jump in its consolidated net profit at Rs 1,769 crore for the fourth quarter ended in March 2023.The company had posted a net profit of Rs 1,346 crore during the corresponding January-March period of 2021-22.The total consolidated income during the March 2023 quarter increased […]
Asian equities extended their winning run to scale their highest levels in seven months on Wednesday, with South Korean stocks leading the way, and the Australian dollar hit multi-month highs as surging inflation made higher interest rates more likely. MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.4% to a seven-month high, with South […]