The COVID-19 pandemic exposed India to the vicious cycle of fiscal expansion, central bank accommodation, unabated foreign portfolio money, and cheap systemic liquidity. The situation is all-encompassing, given the multiplicity of economic cycles in India. The primary reason behind this fragmented understanding is the fact that India has low capital market participation, and financial literacy, […]
Passenger vehicles comprising cars, SUVs and vans saw 27 percent fall in wholesale dispatches to dealers to 226,353 units as against the same period last year. The fall is majorly attributed to the inability of companies to match demand with supplies because of the crunch in availability of chips. With companies unable to deliver booked […]
Technical indicators also support positivity in the market. Barring the capital goods index, all other sectors traded in the red, with the midcap and smallcap indices down half a percent each. Manish Hathiramani, proprietary index trader and technical analyst at Deen Dayal Investments, said the markets are unable to decide the way forward. Above 18,100, […]
Twitter users are coming up with common, day-to-day observations they find interesting, such as the “the urge to sleep five minutes more after snoozing the alarm for the seventh time”. …Read the full story
Cryptocurrency prices continue to be in the red on November 11. SHIB, the self-proclaimed “dogecoin killer”, which was created in August 2020 by someone who uses the name Ryoshi, is modelled after Dogecoin. …Read the full story
The benchmark indices started the day lower on November 11 and the market slumped further in the morning session on the back of weak global cues and other economic concerns. The brokerage firm in its report noted that seasonal demand weakness in its core market , along with the inflating input cost and higher lead […]
A mixed trend was witnessed on the sectoral front and the broader indices also slipped marginally in the red after the recent surge. On the other hand, improvement in the macro environment, improving demand and reopening of the economy is signalling positivity. Markets languished in the negative territory for a major part of the session […]
At the interbank foreign exchange, the rupee opened on a weak note at 74.11, then fell further to 74.16, registering a decline of 11 paise from the last close. Today, there could be outflows of Nykaa and may be some inflows of Paytm,” said Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors. …Read the […]
Cryptocurrency prices continue to be in the red on November 10. Other pieces of positive news have also helped, including plans by Grayscale, the world’s largest digital currency manager, to convert its flagship bitcoin trust into a spot-bitcoin exchange traded fund. …Read the full story
“Rupee traded in a range near 74.00, as dollar index held rates after selling was observed in last few days on the back of dovish statement from the US FED. …Read the full story
Other pieces of positive news have also helped, including plans by Grayscale, the world’s largest digital currency manager, to convert its flagship bitcoin trust into a spot-bitcoin exchange traded fund. “Crypto is where the fast money is at,” said Chris Weston, head of research at brokerage Pepperstone. …Read the full story
Cryptocurrency prices continue to be in the green on November 9. The global cryptocurrency market cap is Rs 215.78 lakh crores, a 2.77 percent increase over the last day, while the total crypto market volume over the last 24 hours is Rs 9,01,845 crores, which makes a 29.18 percent increase. Bitcoin rose as far as […]
Cryptocurrency prices continue to be mostly in green on November 8. SHIB, the self-proclaimed “dogecoin killer”, which was created in August 2020 by someone who uses the name Ryoshi, is modelled after Dogecoin. …Read the full story
Though the benchmark is not offering any cues over the next directional move, recent buoyancy in the midcap and smallcap space is offering ample opportunities, so participants should align their positions accordingly. Thus, as long as the Nifty trades above 18,000 – 17,950, it can take a leap on the upside. Index opened a day […]
For eleven years, the brand has been saying ‘Prega News means good news’, targeting people in Indian cities. We have always emphasized how Prega News brings good news in only five minutes and how it is convenient to use and also easily accessible,” says Joy Chatterjee, general manager- sales and marketing, Mankind Pharma. Using the […]
This along with 17% estimated CAGR in digital payments in value to USD 40tn during FY21-FY26E indicates a sustainable growth in the long run. Technically, the Nifty 50 formed a bullish candle that resembles an Inside Bar pattern formation on the weekly charts and a bearish candle formation that resembles the Doji pattern on the […]
Cryptocurrency prices continue to be mostly in green on November 8. SHIB, the self-proclaimed “dogecoin killer”, which was created in August 2020 by someone who uses the name Ryoshi, is modelled after Dogecoin. …Read the full story
Before this, state-run coal mining company Coal India had the biggest IPO of more than Rs 15,000 crore in October 2010. The minimum bid lot size has been fixed as 6 equity shares and in multiples of 6 shares thereafter. It is the largest payments platform in India based on the number of consumers, merchants, […]
