The volume of all stable coins is now $58.69 billion, which is 78.85 percent of the total cryptocurrency market 24-hour volume. Britain’s Financial Conduct Authority ordered cryptocurrency exchange Binance to stop undertaking any regulated activity in the country, saying the firm lacked authorization. “No other entity in the Binance Group holds any form of UK […]
Markets may react to the announcements made by the Finance Minister in early trades on Tuesday which were primarily focused on boosting the economic recovery and supporting the vulnerable sectors and individuals impacted due to COVID. After breaching all-time high of 15900, the market witnessed some lackluster movement and an attempt to hold the support […]
The BSE Sensex climbed 226.04 points to 52,925.04, while the Nifty50 jumped 69.90 points to 15,860.40 and formed a bullish candle, resembling a Hanging Man pattern on the daily charts. Though this pattern resembles the negative Hanging many type formation, but having this pattern formed at the wrong place, the negative implication is ruled out,” […]
“On the flip side, the possibility of the third wave of Covid can impact market sentiments. The reserved portion of qualified institutional buyers was subscribed 5.26 times, and that of non-institutional investors 1.89 times. The other IPO, India Pesticides, is expected to finalise the basis of allotment in the coming week, after successfully closing the […]
As an option writer, you would want to write options when volatility is high but generally, that is not the case as most of the time volatility is sticky at lower levels within a given regime. Historical volatility has nothing to do with option prices as it is calculated purely using the underlying prices, but […]
The proposed project at Karkardooma is “conceptualised to be a new transit-oriented development that imbibes the core values of a sustainable ‘Smart City’”, the minutes of the 65th meeting of the EAC held on May 27-28 read. “At the site, 462 trees are existing, of which 123 trees shall be cut and 20 trees shall […]
Experts expect Dodla Dairy, an integrated dairy company in South India, to list with 15-25 percent over the issue price of Rs 428 given the reasonable pricing and healthy investor response to the public offer. However, in general, dairy stocks have not rewarded the investors much or have not exhibited extraordinary results in the long […]
Crude oil prices, after the historic sub-zero plunge in mid-2020, have been steadily recovering over the past 10 months. The accord, formally known as Joint Comprehensive Plan of Action , came into effect in January 2016. After the sanctions returned into full effect, Iran was unable to sell its crude in most of the developed and […]
Bitcoin, ether and other major cryptocurrencies are currently trading in the green, seeing a recovery after tumbling the previous day. Finance Minister Alejandro Zelaya said Thursday the government will allocate $120 million to establish as many as 4 million starter Bitcoin accounts, or wallets, though he doesn’t think that many people will take up the […]
Rollovers have been modest so far as market-wide rolls were seen at 93% along with Nifty at 85%, Banknifty at 84% while Stock futures at 94% respectively. As most of our IT companies have major exposure in the US market, the news boosted IT stocks. ‘Piercing line’ formation on its daily scale around its 200-Weeks […]
All this takes us towards the travel and tourism industry of the country that is even considered being as an important contributor to the economy. The industry has been hampered the most in the past fiscal year as the uninvited guest – Covid-19 checked in and has dented the economic aspect of the sector. However, […]
The broader markets outperformed benchmark indices which suggest that the rally is broad-based. As many as 21 stocks in BSE500 rose 10-20% last week. “BSE Sensex and Nifty50 increased by 1.1% each during this week. “As we head into July expiry substantial gains for heavyweights may be harder to come by, given that recent good news […]
Bitcoin, the world’s largest cryptocurrency, has seen a massive plunge, trading more than 9 percent lower on June 26. Recently, the cryptocurrency market tumbled again however, the three partners emphasised that the “prices may fluctuate but innovation continues to increase through each cycle.” Read more here. El Salvador’s President Nayib Bukele announced that the recently […]
“At least half the stocks had genuine reasons to move like improving fundamentals and P/E rerating which has brought them at this level. “These have to be held with a strict stop loss which is based on momentum indicators and other technical parameters, like RSI, etc. Shah said the broader markets were expected to undergo […]
The global cryptocurrency market cap is $1.39 trillion, a 5.77 percent increase over the last day, while the total crypto market volume over the last 24 hours is $78.45 billion, which makes a 16.27 percent decrease. On June 22, Bitcoin slumped below $30,000 – for the first time in over five months, erasing all of […]
The global cryptocurrency market cap is $1.39 trillion, a 5.77 percent increase over the last day, while the total crypto market volume over the last 24 hours is $78.45 billion, which makes a 16.27 percent decrease. On June 22, Bitcoin slumped below $30,000 – for the first time in over five months, erasing all of […]
Last 2 months have been very challenging for India due to wave 2 of covid infection and lockdowns announced by state governments to control the spread of infection. Another positive news for the economy is the prediction of normal monsoon by Indian Met department, which should greatly help rural India where the impact of wave […]
On the Multi-Commodity Exchange , August gold contracts were trading lower by 0.40 percent at Rs 46,886 for 10 grams at 0930 hours. Gold has support at $1,772-1,758 per troy ounce and resistance at $1,794-1,804 per troy ounce while silver is having support at $25.80-25.55 per troy ounce and resistance at $26.40-26.70 per troy ounce,” […]
The global cryptocurrency market cap is $1.32 trillion, a 1.9 percent decrease over the last day, while the total crypto market volume over the last 24 hours is $93.69 billion, which makes a 37.09 percent decrease. The stock price of cryptocurrency exchange operator Coinbase has been on a slide this week, as it opened at […]
