U.S. stock index futures edged higher on Wednesday, with those of the Nasdaq rising the most on gains in Tesla shares, while investors treaded cautiously ahead of comments from Federal Reserve Chair Jerome Powell later in day. Powell’s speech will be closely watched for signs of a slowdown in the…
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Gold Price Today, 28 Nov 2022: Prices to remain volatile; traders await Fed chair Powell’s speech, US GDP data
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was negative on Monday as a result of negative global trends, while silver rate was down 0.46%. On Multi Commodity Exchange, gold December futures were trading at Rs 52,448 per 10 grams, down Rs 96 or 0.18%. Silver December…
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Petrol and Diesel Rate Today, 2 December: Fuel prices steady; Check rates in Delhi, Mumbai, Noida, other cities
The rate of diesel and petrol have not been changed on 2 December 2022 and costs have been steady for about six months now. The last country-wide change in fuel rates was on 21 May this year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8…
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Nifty to fall below 18450 or bulls to bounce back? 7 things to know before share market opens
Indian benchmark indices are likely to open on a tepid note amid weak global cues. SGX Nifty hinted at a flat to negative start for domestic equities as Nifty futures traded lower at 18665 level on the Singapore Exchange. In the previous session, the BSE Sensex fell 216 points to…
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Buy Bharti Airtel, Mazagon Dock for near term gains; Nifty expected to witness more weakness ahead
By Nagaraj Shetti After showing weakness from all-time highs on Tuesday, Nifty witnessed follow-through declines on Wednesday and closed the day lower by 152 points. A long bear candle was formed on the daily chart, which indicate sharp reversal in the market. The recent swing high of 18604 could now…
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Nifty to trade in 17500-18200 range, Bank Nifty may hit 38800; RIL, Infosys top money making ideas
By Rajesh Palviya Nifty closed at 17895 with a gain of 277 points on a weekly basis. On the weekly chart, the index has formed a bullish candle however it has remained restricted within the previous week’s High-Low range representing a short term breather. The index is moving in a…
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Nifty, Sensex showing no signs of reversals after ending at record highs today; traders eye Fed chair’s speech
The domestic indices rallied to hit fresh record highs intraday before paring gains to end at record highs. Sensex closed at 62,504, up by over 200 points or 0.3%, while Nifty closed the session at 18,562. Bank Nifty was trading marginally in green and ended at 43,020. The broader market…
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Dollar set for weekly loss as investors brace for slower Fed rises
The US dollar stood close to a three-month low and was headed for a weekly loss on Friday, as the prospect of the Federal Reserve slowing monetary policy tightening as soon as December preoccupied investors and kept the mood buoyant. Trading was thin overnight due to the Thanksgiving holiday in…
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ICICI Bank shares outperform Nifty50, rally 22% so far in 2022; should you buy, hold or sell?
ICICI Bank shares have been trading around the record high level of Rs 958. The stock has rallied over 20 per cent so far this year, and the bullish momentum is expected to continue, according to analysts. Several brokerages are bullish on the large private lender and have strong ‘Buy’…
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Petrol and Diesel Rate Today, 8 December: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The rate of diesel and petrol have not been changed on 8 December 2022 and costs have been steady for about six months now. The last country-wide change in fuel rates was on 21 May this year, when Finance…