[ad_1] Congress observers returned to Delhi on Monday to give their feedback about political developments in Rajasthan to the party high command, after a failure to hold a meeting of the legislature party to decide on Chief Minister Ashok Gehlot’s successor. Congress had appointed its senior leader Mallikarjun Kharge and Read more…
[ad_1] Amid a spurt in the US Dollar index and bond yields, foreign institutional investors or FIIs are back to selling mode on Dalal Street. Last Friday alone, FIIs dumped Indian stocks worth around Rs 2,900 crore, shows NSDL data. FIIs, which were net buyers to the tune of over Read more…
[ad_1] New Delhi: Ever since Ethereum’s soft grade overhaul, named as the Merge, the second-largest crypto token has been struggling. The increase in rates by the US Fed has further added to its woes. The Merge, which was completed earlier this month on September 15, changed its mechanism to proof-of-stake Read more…
[ad_1] The US Fed jitters kept equity and currency markets on edge. The S&P BSE Sensex plunged more than 1,000 points while the Nifty50 broke below a crucial support at 17,400 and also briefly slipped below 50-DMA but then bounced back. The short-term moving average for the Nifty50 is at Read more…
[ad_1] The Bank of England has raised UK interest rates by 0.5 percentage points to 2.25 per cent in an attempt to combat soaring inflation amid the cost of living crisis, the media reported. That’s the seventh consecutive increase in Bank Rate in a row, but a smaller rise than Read more…
[ad_1] Bears remained in control of the Nifty50 on Wednesday, pushing the index lower by nearly 100 points, but recovery in the second half of the session helped the index to close above 17,700 levels. The index made a small-bodied candle on the daily charts ahead of the US Federal Read more…
[ad_1] The Indian markets shrugged off concerns around a potential rate hike by the US Federal Reserve meeting in its 2-day meeting starting today to close with gains of about 1 per cent. The Nifty50 rallied 194 points to close above crucial resistance of 17,800, while the S&P BSE Sensex Read more…
[ad_1] The Nifty50 recouped intraday losses to close above 17,600 levels on Monday, suggesting that bulls are not ready to give up. The S&P BSE Sensex rallied more than 300 points to close above 59,000. The Nifty50 formed a Hammer-like candle on the daily charts, a bullish sign provided we Read more…
[ad_1] The recently concluded Capital Markets Summit of FICCI, hosted several regulators and policy makers as speakers. In the last several years that I have been hosting this conference, this year we have witnessed an energising and engaging change in the regulatory approach. The change was stark and significant. There Read more…
[ad_1] The sky-high inflation is pinching the pockets of major economies. The inflation figures released this week in the United Kingdom, United States, and India have been consistently higher. Although measures have been taken to reduce inflation, uncertainty still lingers. It seems inflation will stay over the comfort levels of Read more…