By Rajesh Palviya On the daily chart, the Nifty 50 index has formed a big bearish candle and has violated multiple-day support of 18000 indicating negative bias. The index continues to move in a Lower Top and Lower Bottom formation on the hourly chart indicating negative bias. The chart pattern…
Asian shares were mixed on Friday as worries deepened about the regional economy and Japan reported higher-than-expected inflation. Benchmarks fell in Tokyo, Seoul and Hong Kong, but rose in Sydney and Shanghai. Oil prices advanced. “Reopening policies have pivoted in China, which will be a gradual process. COVID control measures…
World stocks rose on Friday on expectations China’s economy would strengthen as COVID-19 curbs ease, but stocks were heading for a 2% weekly loss in nervy markets ahead of the Federal Reserve’s policy meeting next week. U.S. S&P futures were up 0.18%, while European stocks were steady. Fed policymakers meet…
Markets regulator Sebi has barred Fingravy Wealth Creation Services (FWCS) and its directors from the securities markets for 1 year for providing unauthorised advisory services. The order came after Sebi passed an ex-parte interim order dated January 14, 2020 against FWCS and its present and past directors — Dhiraj Gupta,…
European shares opened lower, Treasuries held on to gains and the dollar was nursing heavy losses on Friday ahead of U.S. non-farm payrolls data, the next big test for investors looking for more signs of a rates policy shift from the Federal Reserve. Data overnight including falling U.S. job openings…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices NSE Nifty and BSE Sensex closed at record highs after touching fresh record highs intraday, extending gains for the eight session in a row. The BSE Sensex scaled to a record high for the seventh consecutive session at…
The market capitalisation of BSE-listed firms reached an all-time high of Rs 288.50 lakh crore on Wednesday amid an ongoing rally in equities, as the benchmark Sensex settled above 63,000-level for the first time ever. The 30-share BSE barometer climbed 417.81 points or 0.67 per cent to settle at 63,099.65,…
By Dharmesh Shah Equity benchmarks extended profit booking over a second consecutive session and concluded the previous week on a subdued note. The Nifty skidded 2.4% to settle for the week at 17672. The broader markets performed in tandem with the benchmark and settled 2% lower. Sectorally, pharma, PSU Banks…
U.S. stock index futures were largely subdued on Friday, with investors closely monitoring the major retailers as Black Friday sales began against the backdrop of stubbornly high inflation and worries about a potential recession next year. U.S. retail stocks, a barometer of consumer confidence as inflation bites, remain under pressure…
Resident entities from India will now be permitted to hedge gold price risks at the International Financial Services Centre, RBI Governor Shaktikanta Das said on Wednesday. At present, resident entities in India are not permitted to hedge their exposure to gold price risk in overseas markets. “With a view to…