After suffering losses for two days, the market rebounded during the muhurat trading on November 4, with the Nifty50 closing above 17,900. The BSE Sensex settled trade above 60,000 mark, rising 295.70 points to 60,067.62, while the Nifty50 climbed 87.60 points to 17,916.80 and formed bearish candle which resembles Doji kind pattern formation on the daily […]
This comes as Christopher Wood, the global head of equity strategy at Jefferies Group, reduced exposure to gold in his Asia ex-Japan portfolio by 5 percent in favour of Bitcoin. This is the first time Jefferies has cut exposure to gold and added to the 5 percent already allocated to the top cryptocurrency in December 2020. […]
In case customers encounter dispute on any Citi credit card transaction, the issue can be raised through the 24×7 Citiphone helpline. The countries include Australia, Bahrain, China, India, Indonesia, Malaysia, the Philippines, Poland, Russia, South Korea, Taiwan, Thailand and Vietnam. Citibank has around 5,500 employees in India, of whom around 3,500-4,000 are in the retail […]
This coincided with the violation of the key short-term moving average of 20-day exponential moving average , which is now acting as a sturdy wall. We may see this corrective move extend to 17,450 first and if things worsen, then 17,200–17,000 cannot be ruled out. Now, it has finally started to cut loose, as we […]
Gaurav Garg, Head of Research at CapitalVia Global Research feels Nifty Bank is likely to do well in Samvat 2078, especially after the underperformance over the last few years. However, from hereon, sectoral rotation can be expected and current low interest rate regime might help rate sensitive stocks to do better. Indeed, Smallcap and Midcaps have […]
Bitcoin’s price is currently Rs 48 lakh, and its dominance is currently 42.56 percent, a decrease of 0.77 percent over the day. New York Mayor-elect Eric Adams said that he would take his first three paychecks in bitcoin and that the city would become the “center of the cryptocurrency industry.” “In New York we always […]
Further, the total crypto market volume over the last 24 hours is $112.74 billion, which makes a 11.61 percent decrease. Meanwhile, Kabosu, the rescue Shiba Inu dog in Japan that inspired the iconic “Doge” meme, turned 16 this week. Kabosu gained the internet fame over a decade ago, when her owner, Atsuko Sato, a Japanese kindergarten […]
Among the key developed and developing nations, we are one of the youngest countries, certainly younger than the US, Australia, China, South Korea, UK, France, Germany and Japan. 1) Increased savings: Several economies, such as Japan, South Korea and China, were able to benefit from the rise in their working population by engaging them in productive […]
This market isn’t going to fade and crash, must remain invested: Ramesh Damani: Ramesh Damani to CNBC-TV18: Been a great year on Dalal Street despite the externalities. It takes only one stock to change the balance of your portfolio. Gaurav Garg, Head of Research at CapitalVia Global Research: Market is likely to continue its bull run […]
The COP is a keenly-followed annual event that sees world nations come together to discuss, and promise, measures to reduce anthropomorphic global warming and tackle Climate Change. This could include changes in temperature, humidity, precipitation, wind, or visibility, to the degree of how hot or cold, wet or dry, clear or cloudy it is outside. […]
Our FY23 taregt price of Rs 300 is based on 20x one year forward PE as we estimate ~16% RoE during FY22-FY24E versus ~13.5% RoE during last 5 years. The public offer of PB Fintech, which owns Policybazaar and Paisabazaar, saw a subscription of 61 percent on November 2, the second day of bidding. Capital […]
Cryptocurrency prices continue to be in the red on November 1. SHIB, the self-proclaimed “dogecoin killer”, which was created in August 2020 by someone who uses the name Ryoshi, is modelled after Dogecoin. Apple co-founder Steve Wozniak has joined the list of tech entrepreneurs who are lending their weights behind cryptocurrency. …Read the full story
The market extended selling pressure for the third consecutive session and declined more than one percent on October 29, the first day of November series, dragged by private banking & financials, and IT stocks. The BSE Sensex corrected 677.77 points to 59,306.93, while the Nifty50 fell 185.60 points to 17,671.70 and formed a bearish candle […]
Rajiv Kapoor, Vice-President at Trustline Securities, says that buying quality stocks at reasonable valuations is a prudent strategy for the moment. A short-term range for Nifty50 has shifted lower and that it is now expected to trade in the range of 17,500-18,000 over the next few sessions. While the fundamental leading indicators are positive, the […]
Bears had a strong control over Dalal Street in the week ended October 29 with the benchmark indices witnessing the biggest weekly fall in last eight months as global brokerage houses – Morgan Stanley and Nomura – downgraded Indian equities to equal-weight and neutral, respectively, from overweight due to expensive valuations. The BSE Sensex fell […]
This comes after Apple co-founder Steve Wozniak joined the list of tech entrepreneurs who are lending their weights behind cryptocurrency. Meanwhile, South Korean juggernaut ‘Squid Game’ now has its own brand of cryptocurrency – the SQUID. …Read the full story
Apple co-founder Steve Wozniak has joined the list of tech entrepreneurs who are lending their weights behind cryptocurrency. …Read the full story
