Action Financial News

Nifty on Friday formed a long bull candle on the daily chart as it closed 217 points higher at a lifetime closing high of 19,189. Chart readers point out that the headline equity index has been forming higher highs on a weekly scale for the last fourteen weeks and supports are gradually shifting higher. Now it has to continue to hold above 19100 zones to extend the move towards 19,300 and 19,500 zones, while on the downside support exists at 19,000 and 18,888 zones, said Chandan Taparia of Motilal Oswal.

A high court judge has given the green light for a probe into the City watchdog's decision to take no action over a regulatory compensation scheme which excluded thousands of individuals who might have otherwise claimed more than £1bn in compensation over mis-sold interest rate hedging products.

Investing.com — U.S. stock futures traded higher Friday, on course to register a positive quarter ahead of the release of key inflation data which could guide future Federal Reserve action.

The Australian Energy Regulator has launched court action against AGL Energy for allegedly failing to have available crucial grid stability services from its coal power generators in Victoria and NSW.

Sensex ended 803 points or 1.26% higher at 64,720 after robust economic data from the US eased fears of a slowdown and improved broader sentiment. From the Sensex pack, M&M, Infosys, and IndusInd Bank were the top gainers, rising 3-4%. Sun Pharma, TCS, Maruti, L&T, Power Grid, and Tech Mahindra also ended with gains.

Broadly, if I take a step back and start asking the question, why do we need to internationally diversify? The starting point is that different stock markets of different countries do well at certain times and do badly at certain times, says Arun Kumar, Head of Research, FundsIndia.com.A lot of volatility and uncertainty in the global markets but then do you think that is the right time to maybe look at these international markets and if yes, what and which economy, which country?Broadly, if I take a step back and start asking the question, why do we need to internationally diversify? The starting point is that different stock markets of different countries do well at certain times and do badly at certain times. And the good part is that they do not coincide with each other.

Good news for Delhi Metro commuters! Now the passengers can carry alcohol bottles inside the Delhi Metro. The move comes following the revision of norms for carrying alcohol inside the metro trains by the Delhi Metro Rail Corporation (DMRC).

The Nasdaq 100 achieved remarkable gains of nearly 37% in the first half of the year, marking its best performance in over 20 years since 1999. This raises concerns about a potential repeat of the dot-com bubble, and this time primarily because of the Artificial Intelligence (AI) boom. Despite the absence of market panic, several factors suggest the possibility of a continued correction.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Is the Shiba Inu price dead? $SHIB is down 5.4% as its selloff of recent weeks continues. Meanwhile, new coin SHIB 2.0 is pumping 1,635% in the past 24 hours and attracting all the excitement, plus two other newcomers.

In May 2023, the European Union signed its landmark Markets in Crypto-Assets legislation into law. Crypto businesses operating in the EU now have a fixed timeline to comply with MiCA’s wide-ranging guidance and regulations, which address everything from defining a crypto asset to establishing reserve requirements for stablecoins.

The Ethereum price has risen by 0.5% in the past 24 hours, reaching $1,866 as the cryptocurrency market enjoys a similar gain today.

Shanghai has taken a significant step in the realm of metaverse tourism with the release of the «Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)». The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city's strategic focus on five key areas to propel the development of metaverse tourism in the coming years.

Argentina’s top financial regulator says it wants to adopt the crypto regulations set out by the Financial Action Task Force (FATF), the international money laundering and terrorist financing watchdog.

Crypto custodian Prime Trust is facing imminent closure as Nevada regulators move to shut down the troubled company, potentially making it the latest victim of the crypto bear market.

With over 25,000 cryptocurrencies and new projects constantly emerging, the decentralized finance sector is experiencing remarkable growth.

The XRP price has dipped by 0.5% in the past 24 hours, falling to $0.475928 as the cryptocurrency market as a whole suffers a similar fall in the same timeframe.

Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

NFT-related altcoin Blur (BLUR) has risen double-digit over the past 24 hours, according to CoinMarketCap data. The native token of its namesake NFT aggregator and marketplace has soared above 20%.

Staff at the Financial Conduct Authority have cheered up after last year's fractious pay dispute, but questions remain over leadership and pay at the City watchdog.