[ad_1] LONDON- The pound on Friday tumbled to a fresh 37-year low on the U.S. dollar, and a 17-month trough on the euro, after weaker-than-expected figures of retail sales added to worries about the health of Britain’s economy. The pound fell more than 1% against the dollar to 1.1351, its Read more…
[ad_1] The Nifty failed to hold on to 18,000 levels on Thursday and closed with a bearish candle on the daily charts. This was the second consecutive day when Nifty50 closed in the red, but on Thursday, the closing level was lower than the opening one, which led to the Read more…
[ad_1] It was a roller coaster ride for traders as Nifty50 slipped below 17,800 in opening trade on Wednesday, following weak global cues but managed to recoup losses to close above 18,000, which is a positive sign. The Nifty50 formed a bullish candle for the third consecutive day. Supertrend indicator Read more…
[ad_1] Nifty50 on Tuesday climbed for the fourth straight day and, in the process, took out the 18,000 level on a closing basis, the first time since April 4. The 50-pack index, which is trading above its key short and long-term averages, formed a small bullish candle on the daily Read more…
[ad_1] Last week, Nifty IT index witnessed a gain of about 3.5%. However, in the calendar year 2022 so far, the index is down about 27% and its constituents have fallen over 14 per cent. If the index stocks start moving in an upward direction then it will be a Read more…
[ad_1] Apart from common citizens, the recent incessant rains in Bengaluru has also mounted troubles for political parties in the state. With assembly elections in Karnataka just seven months away, parties are concerned that the anti-incumbency and the public anger against the recent flood mismanagement may cost them heavily in Read more…
[ad_1] We witnessed crude prices sliding down this week on the back of which a lot of sectors like cement and paints were buzzing. Which sector next could lead the up move? What will you pick on the back of this story building up? I think we have been seeing Read more…
[ad_1] Nifty50 on Friday ended the week above 17,800 for the first time since January. However, the 50-pack index failed to hold on to opening gains and settled the session forming a bearish candle on the daily scale. On the weekly scale, the NSE barometer formed a bullish candle for Read more…
[ad_1] Nifty50 on Thursday made strong gains and closed near the psychologically important mark of 17,800. After a gap-up start, the index ended up forming a small bullish candle with a long lower wick, suggesting intraday selling was bought into. Analysts said a follow-up buying may help gauge the strength Read more…
[ad_1] Shares of Max Ventures Industries rose nearly 5 per cent in Wednesday’s trade after the company announced the acquisition of Acreage Builders for Rs 291.5 crore. The company executed the share purchase agreement on September 6 for the acquisition of a 100 per cent stake in the realty player. Read more…