The Nifty50 fell nearly 100 points during the week to settle at 17,276 on Friday, around the same level it closed on January 25. “Till the time this war kind of scenario does not subside completely, uncertainty is likely to loom over markets across the globe. On the flipside, “17,000 followed by 16,800 is to […]
In December alone, the Andhra police arrested 4,606 persons from 16 states for ganja smuggling. “Most of these areas where ganja is being cultivated belong to agency/ tribal areas of Visakhapatnam region, and the police have successfully reached out to most of these villages and trying to impress upon the tribals to shift to alternative […]
Consumer prices rose 7.5 percent this month compared to a year ago, according to the US Labor Department, the largest year-over-year increase since February 1982. Inflation was 0.6 percent in December and January, the same as the previous month and higher than economists had predicted. …Read the full story
The market posted around 3 percent loss for the second consecutive week ended January 28 as bears tightened their grip over Dalal Street after hawkish Fed commentary indicating four rate hikes in 2022, further selling pressure at FII desk, and rising oil prices. The Nifty50 corrected up to 16,836 during the last week but managed […]
Wordle, created by Josh Wardle, a software engineer in the United States, was launched in 2021. …Read the full story
In 2021, global equity markets attained new all-time highs driven by strong corporate earnings growth even in the face of COVID restrictions, supply chain disruptions, rising oil prices, and higher labour costs. India, on the other hand, has come out of the second COVID wave and is catching up with the rest of the world. […]
A Moneycontrol analysis of 140 listed companies that have announced third-quarter earnings showed that their net profit grew by 5.65 percent from a year earlier compared with 3.26 percent growth in the September quarter. The operating profit margin was 23.64 percent in the third quarter, the slowest since Q4 of FY19. “In the initial trend, […]
Indore-based EKI Energy Services, founded by Manish Dabkara, listed its shares on the SME platform at the BSE in April at Rs 140 apiece. This JV will invest in nature-based solution projects. The JV will put the projects on ground first and then develop them as carbon credit projects, to sell credits in India to companies […]
Corporate bond issues as a proportion of national income have ranged 3-3.5 percent of the GDP from the time since policy attention focused on developing this market to replace the closure of development finance institutions. With such elements intact for over two decades, it won’t be any surprise if this time turns out no different […]
Furthermore, the index has given closing below 21 DMA as well as the stochastic indicator is trading negative crossover. Markets witnessed selling pressure at higher levels as investors seem to be trimming their holdings in stocks that had risen sharply in recent upsurge. An intraday bounce faced resistance near the key hourly moving averages & […]
The global cryptocurrency market cap is Rs 199.31 lakh crore, a 6.24 percent decrease over the last day, while the total crypto market volume over the last 24 hours is Rs 8,33,533 crore, which makes a 29.03 percent increase. The Parliamentary Standing Committee on Finance met with industry associations and experts to discuss matters of […]
This pick up in economic activity is here to stay and the future looks to be extremely bright,” he said at industry body CII’s National Conference on MNCs 2021. “We will have an FTA with UAE in next 60-100 days, an interim agreement with Australia probably around the same time. …Read the full story
However, the primary trend remains positive as Nifty is trading above its 5, 20 and 50 day EMA . During the recent correction, Nifty took support at 10-week EMA and bounced back. While we remain open to further upsides, a short-term trend reversal would be confirmed only If the Nifty closes below the 17,780. Declines […]
It will work with Euroclear, the world’s largest provider of domestic and cross-border settlement and related services for bond, equity and fund transactions, to explore new business models and market opportunities to create value through innovation and data monetization. Reports stating that China’s central bank will lend money for banks to roll over the debts […]
Then there are people who are opting for these alternatives for their Instagram feed or to join social movements so that they don’t feel the fear of missing out on a trend. Even if it’s a niche in the country, the category is a sure shot growth driver given the increasing options in the space, […]
Cryptocurrency prices continue to be in the red on November 16. Ensure cryptos aren’t used for illicit finances,” CNBC-TV18 quoted Chairman of Parliamentary Panel on Finance Jayant Sinha as saying. …Read the full story
