“We believe that the interest has been strong on account of sectoral tailwinds led by global demand recovery and limited capacity additions due to goal of achieving carbon neutrality. The company has a diversified product mix such as, iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. …Read the full […]
According to pivot charts, the key support levels for the Nifty are placed at 15,713.13, followed by 15,658.77. The Federal Reserve on Wednesday began closing the door on its pandemic-driven monetary policy as officials projected an accelerated timetable for interest rate increases, opened talks on how to end crisis-era bond-buying, and said the 15-month-old health […]
The global cryptocurrency market cap is $1.6 trillion, a 5.96 percent decrease over the last day while the total crypto market volume over the last 24 hours is $89 billion, which makes a 0.93 percent increase. This, along with a $100 million creative fund in collaboration with NFT firm Blockchain Creative Labs is the latest in […]
Poor aggregate demand is pressurising producers to absorb the relentless price growth of all inputs, from oil to metals and other raw materials. At the retail level, however, headline inflation trended in the reverse direction in October-April, until the data released on June 14 showed a 207 basis point monthly jump in May to 6.3 […]
Cryptocurrency prices continue to be in the red on June 17. …Read the full story
Meanwhile, it is a good time to clean up one’s portfolio and sell poor quality stocks,” Arora said in an interview to CNBC-TV18. Market update: Sensex is down 87.59 points or 0.17% at 52414.39, and the Nifty shed 30.70 points or 0.19% at 15736.80. …Read the full story
On the Multi-Commodity Exchange , August gold contracts were trading higher by 0.13 percent at Rs 48,488 for 10 grams at 0930 hours. “We expect both the precious metals to remain volatile in Wednesday’s session and gold prices are at a make or break levels. Gold has support at $1850-1834 per troy ounce and resistance […]
“I think I’m going to be right on this one,” CNBC quotes Draper as saying. By virtue of its code, only 21 million bitcoin can be ‘mined’, out of which over 18 million bitcoin are already in circulation. Among major predictions, Draper compared bitcoin to be similar to Microsoft in the software world or Amazon […]
In fact, cryptocurrency investment products and funds saw outflows for a second straight week, with ether posting record outflows as institutional investors took a step back, data from digital asset manager CoinShares showed. Despite the cryptocurrency Bitcoin’s wild swings in value and the turmoil, billionaire venture capitalist and bitcoin investor Tim Draper is confident about […]
In fact, cryptocurrency investment products and funds saw outflows for a second straight week, with ether posting record outflows as institutional investors took a step back, data from digital asset manager CoinShares showed. Despite the cryptocurrency Bitcoin’s wild swings in value and the turmoil, billionaire venture capitalist and bitcoin investor Tim Draper is confident about […]
ICICI Direct on Bank of Baroda: Leading private banking stocks seem to be moving into a consolidation phase after a sharp up move was seen in the last one year. In PSU banking, SBI has been one of the best performers in the last one year but Bank of Baroda has been an underperformer. The […]
Led by buying in some heavyweight stocks in early trade, Indian equity benchmarks stayed positive. The Indian market has been positive in the first half and has made an attempt to sustain above the level of 15850. Global research firm Citi has maintained a buy rating on the stock with a target of Rs 1,000 […]
Any sustainable move above 15,850 levels may cause momentum towards 15,900-16,000 levels,” said Rajesh Palviya, VP – Technical and Derivative Research at Axis Securities. “On the downside, any violation of an intraday support zone of 15,750 levels may cause profit booking towards 15,700-15,600 levels. According to pivot charts, the key support levels for the Nifty […]
“The market is going through a booming phase and hence we have seen so many IPOs this year. …Read the full story
Fitch Ratings on Indian pharma companies: Indian pharmaceutical companies’ sales will grow robustly in the financial year ending March 2022 as sales normalise in categories affected by the pandemic in the previous year, says Fitch Ratings. Sales of some of these products are still 10% below pre-pandemic levels, although they started to recover with the […]
