Nifty 50 and Sensex have made a tentative start to the week in the past two sessions making investors jittery. Watch as CJ discusses what lies in store for Nifty 50 and what are the crucial levels you need to track in the coming days for your trade. Plus his thoughts on IndusInd Bank, Tata Steel, and BEML.
There is an urgent need to develop the corporate bond market along with the government bond market
Stock Market Updates: Among the sectors, the auto index shed a percent while buying was seen in FMCG, IT and pharma space.
European markets close marginally higher as investors continued to assess recession risks in the region. Stoxx 600 ended with gains of 0.2%, and the majority of sectors and all major bourses are in the green. Stocks in the spotlight today - InterGlobe Aviation, Hatsun Agro, Syngene International and Astral. We also explore the key reasons for the pharma sector’s underperformance.
Brent crude futures fell $1.12, or 1.2%, to $91.71 a barrel at 0113 GMT after slipping 3% in the previous session. U.S. West Texas Intermediate crude futures declined by $1.25, or 1.4%, to $85.63 a barrel.
Stock Market News: Trends in the SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 140 points on Wednesday
Castor seed prices at multi-month support level and retest breakout level
HDFC Bank is expected to remain sideways within our range. An Iron Condor trade to capitalise on a sideways trend.
Strong trend as shown by moving averages in SAIL
Apollo Tyres is finally breaking out
Breakout signals a speedy upward movement in Liberty Shoes
Stocks to Watch: Check out the companies making headlines before the opening bell.
Ujjivan Financial Services rose nearly 2 percent to Rs 210, the highest closing level since August 13, 2021 and formed decent bullish candlestick pattern on the daily charts, while Elgi Equipments jumped more than 2 percent to end at record closing high of Rs 551 and formed small bodied bullish candle on the daily scale.
A survey from the Institute for Supply Management (ISM) showed the U.S. services industry picked up in August for the second straight month amid stronger order growth and employment, while supply bottlenecks and price pressures eased.
LG Balakrishnan and Brothers has witnessed a breakout of an ascending triangle formation and a multi-month breakout with the heavy volume on the daily chart. The structure of the counter looks lucrative as it trades above its important moving averages.
Based on the open interest future percentage, there were 66 stocks including Syngene International, HDFC AMC, Oracle Financial, Bharat Electronics, and Torrent Pharma, in which a short build-up was seen.
Ravi Narain, along with his successor Chitra Ramakrishna, was booked by the Enforcement Directorate under the Prevention of Money Laundering Act.
The Nifty metal index rose 1.32 percent. Buying also continued in PSU bank, realty and pharma stocks
The index traded in the 17,400-17,777 range for the fourth consecutive session. It needs to decisively break the upper end of the range to move towards 18,000, experts said
In 2022, so far, the stocks have revved up significantly. MRF, CEAT and JK Tyres have surged between 15 and 18 percent and analysts believe there’s more upside in store
Among sectors, buying was seen in oil & gas, power and metal names, while financials, FMCG and IT ended in the red
The two currently own close to 94 percent in IDBI Bank, out of which the Centre owned 45.48 percent stake and LIC held 49.24 percent, as of June 30.
In today’s edition of Moneycontrol Pro Panorama: Reliance Retail goes big on capacity, FMCG’s winning streak, India's vaccine prowess, mapping India’s economy, GuruSpeak and more
The vicious cycle of high price/low supply followed by low demand has resulted in heavily-underutilised gas infrastructure
Gold prices climbed on Tuesday in the international markets buoyed by a pullback in the dollar and safe-haven buying due to economic slowdown concerns, though prospects of aggressive rate hikes capped further gains. Will rebound in gold prices sustain? Watch the video to find out.