By Dilip Parmar The Indian rupee ended the week on a flat note on the back of weaker regional currencies. Among the Asian currencies, the Chinese Yuan depreciated around a percentage point amid surging COVID cases which forced the authority to continue with lockdowns. The marketmen worried about global growth…
The Indian rupee is likely on Friday majorly on the back of weak dollar. Dollar is showing weakness on anticipation that the central bank will reduce the pace of rate hikes. Additionally, market participants will remain cautious ahead of key job report from the US as it influences Fed’s policy…
By Rajesh Palviya On the weekly chart, the index has formed a small Bullish candle carrying lower shadow indicating buying support at lower levels. The index is moving in a Higher Top and Higher Bottom formation on the weekly chart indicating positive bias. The chart pattern suggests that if Nifty…
Indian benchmark indices are likely to open lower amid weak global cues. SGX Nifty hinted at a negative start for domestic share market as Nifty futures traded 33 pts lower at 18719 level on the Singapore Exchange. In the previous session, the BSE Sensex declined 208 points to 62,626, while…
Automobile dealership chain Landmark Cars Ltd on Thursday said it has fixed a price band of Rs 481-506 per share for its Rs 552 crore initial share-sale that opens for public subscription on December 13. The three-day initial public offering (IPO) will conclude on December 15 and the bidding for…
The Indian rupee opened higher at 81.64 per dollar on Wednesday versus yesterday’s close of 81.72. The domestic currency is expected to appreciate amid positive domestic equity markets, strength in Asian peers and weakness in the greenback. In the previous session, rupee slipped against the US dollar as rising crude…
Capital markets regulator Sebi on Friday clarified on the framework pertaining to ‘schemes of arrangement’ for entities that have only listed their debt securities. Scheme of arrangement is a court-approved agreement between a company and its shareholders or creditors. Also Read: Sebi issues Rs 6.42-cr demand notice to Sahara group…
Government’s social security body Employees’ State Insurance Corporation (ESIC) on Sunday approved a proposal to invest its surplus funds in the stock market through exchange traded funds (ETFs).The decision was taken in the 189th meeting of ESIC held on Sunday at ESIC headquarters under the chairmanship of Union labour minister…
The Indian rupee is expected to depreciate on Wednesday amid a strong dollar and risk aversion in global markets. Further, persistent FII outflows may hurt the rupee. Investors will remain vigilant ahead of RBI’s monetary policy, where the central bank may slow down the pace of rate hikes. The rate…
By Rohan Patil In the past, three to four occasions whenever the Nifty enters a correction phase, the 21-day exponential moving average has acted as an anchor point for the index. On the open interest front, good participation and open interest addition were seen in the 18000 Call and 17800-17700…