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«Also, if you looked at the number of stocks that were trading above the 500-day average that had dropped to single digits, almost 9% on Friday, and that was the lowest reading since COVID,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. Give us a sense of the market move today, help us put this move in perspective because we have been beaten down for ten long consecutive sessions, the longest streak since the inception of Nifty and today that has reversed and how we are trading with gains of more than a percent and you believe that this was the bottom that we have reached and now it is all looking good for the markets going ahead. Rohit Srivastava: The probability of the Nifty having made a final low is very-very high and the reason for that is the very extremely oversold reading setup that we really were looking at in the market, multiple data points not just the positioning in the futures and options market from domestic institutions having built up the largest long positions since March of 2023 along with the highest short positioning that we saw from FIIs.

«What we are looking at, when we said in July 2024, the complacency was high, we were at extreme inflection. Maybe September, October when India liquidity peaked out, that was the extreme inflection end,» says Sandeep Tandon, CIO, Quant MF. So, let us come back to India since you said that the time has come to nibble in right now. Purely at an index level and since you do track technicals as well, we have hit the lowest RSI since March 2020 already, we are at an eight-month low. What is the screen telling you? Do you think we are at the end of the pain at an index level per se? Sandeep Tandon: To be candid with you, I am not a great chartist or technical technician in that sense. I am a good observer and we are predominantly a behaviour house. So, we look at more from an inflection point rather than say looking at the breakout or breakdown because that may not give you a correct perspective or we may not have that ability to read up to that extent.

Having spent time living in India, Fischer has noticed several customs that are deeply ingrained in Indian culture but are uncommon in the United States. While sharing the video, she wrote, “There are many things that are commonplace in India that are pretty unheard of in America. Here are a few things we have noticed are normal in India but would make any American very uncomfortable.”

Subscribe to enjoy similar stories. New Delhi: The audit regulator has proposed changes to accounting norms to ensure financial statements of businesses are more transparent and accurate about investments and transactions in foreign currencies for which the exchange rate is not readily available or is unreliable.

The actions, which could upend nearly $2.2 trillion in two-way annual trade, went live hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid and its precursor chemicals into the US. China announced additional tariffs of 10-15% on certain US imports from March 10. It also slapped export and investment curbs on 25 US firms on grounds of national security. «Trying to exert extreme pressure on China is a miscalculation and a mistake,» a foreign ministry spokesperson said in Beijing, adding that China had never succumbed to bullying or coercion.

Advance Decline Ratio, widely used to gauge investor sentiment and market strength, in February was at 0.72 — the lowest reading in five years. A declining ADR means more stocks are falling as against the gainers and points to a weakening market. In January, the reading was 0.9, while in the period before October — when the market started declining, it was in the range of 1 to 1.28 on average.

The storm follows significant staffing cuts at the National Oceanic and Atmospheric Administration (NOAA) and the National Weather Service, whose diminishing workforce experts warn could put lives at risk. Last week, 779 NOAA employees were laid off, leaving people worried about how the nation will respond to extreme weather events.

The last time the Nifty declined for 10 consecutive sessions was from December 28, 1995, to January 10, 1996. However, this occurred before the index's official launch on April 22, 1996, which was based on data starting from November 3, 1995.

Subscribe to enjoy similar stories. Clouds over vast swathes of North India have caused abrupt dips in solar power production, raising worries about the stability of the power grid that serves millions of Indians. The national grid operator asked all electricity companies in February to be on alert mode and supply power to preserve the grid's stability, two people aware of the matter said.

winter storm Lola is set to bring blizzard conditions across parts of the Plains and Midwest this week. The travel conditions are also going to be affected due to the winter storm. While snow is forecasted to be moderate, the alliance of strong winds with snow may produce whiteout conditions. The National Weather Service (NWS) issued blizzard warnings and winter storm watches in a number of areas due to the probable whiteout conditions the storm can cause.

TCS employee Manav Sharma has reopened the debate on male domestic abuse faced by men. The 30-year-old youth from Agra was found hanging in his apartment on February 24. Before his death, Sharma had accused his wife Nikita of cheating on him, thereby necessitating him to take this drastic step. However, his wife, Nikita Sharma, has dismissed the accusations, asserting that Manav was unfairly fixated on her past. She alleged that after learning about it, he became aggressive, resorted to self-harm, and developed an alcohol dependence. Nikita also stated that she persistently urged Manav’s sister, Akansha, on the night of his passing to check on him. According to a News18 report, leaked WhatsApp conversations between the two substantiate her claims. In the messages, Akansha allegedly advised Nikita to «ignore» Manav’s calls and get some rest.

Subscribe to enjoy similar stories. On Friday, the market started the day on a weak note with a gap-down opening, immediately setting a bearish tone. Nifty breached the critical psychological support of 22,500, triggering heavy selling pressure that persisted throughout the session.

Subscribe to enjoy similar stories. The Centre has engaged its top disaster management agency to carve out an insurance product to mitigate the impact of losses from climate change-related events.

NATO Secretary-General Mark Rutte has said he told Ukrainian President Volodymyr Zelenskyy that he had to «find a way to restore his relationship with the American president» after the two leaders engaged in an extraordinary meltdown at the White House on Friday. Rutte told the BBC on Saturday that he told Zelenskyy that «he really had to respect what (US) President (Donald) Trump has done so far for Ukraine.» He was referring to the first Trump administration's decision in 2019 to supply Ukraine with Javelin antitank missiles that Ukraine used to deadly effect against Russian tanks in the first wave of the 2022 invasion. Calling the Friday meeting between Trump and Zelenskyy «unfortunate,» Rutte said he «knew as a fact that the American administration is extremely invested in making sure that Ukraine gets to a durable peace» with Russia.

More than 1 million Haitians, nearly 10% of the population, have been uprooted by years of conflict in which armed gangs have cemented control over much of the capital and surrounding areas. Services that benefited from U.S. funding, such as malnutrition screening for babies, will be cut, UNICEF said.

Mar-a-Lago face trend has become a sensation in the U.S.

Canada fares the best if United States President Donald Trump ends up imposing reciprocal tariffs, according to a new report by Yale University.

«Now, one could argue that post COVID we have seen fairly good growth in the mid and small pockets and which is possibly now normalising, but also the flows have been extremely strong in that particular segment and if you were to look at very long-term returns and valuation charts, we can clearly see that these tend to mean revert and our sense is that mean reversion could even sharper if the flows were at risk at some point in time,» says Christy Mathai, Quantum AMC. Firstly, help us with your take on the markets going under the correction mode and do you believe that the bottom could be near, we might be hitting the bottom anytime soon or do you believe that the pain can elongate for a little longer time than now? Christy Mathai: So, our sense of the markets is let us say from the peak of the market, Sensex would have fallen by about 12% near about and if you look at some of the broader indices, the fall could be much higher. So, if you were to look at the very large universe of the stocks which is listed today, almost 70% of them would have fallen by about 30% or more from their peaks. So, it looks like some correction has gone in in that broader markets but if you were to just look at the valuation standpoint, let us say a midcap index versus largecap index one year forward, so that number is still at a premium of 37%.

India Meteorological Department (IMD) issuing heatwave warnings for various regions, banks, non-bank lenders, and payment companies are bracing for a challenging summer ahead. Lenders expect a decline in collection efficiency by more than a percentage point and a drop in loan disbursals and customer sign-ups due to less active sales teams in the field.

Subscribe to enjoy similar stories. WASHINGTON—President Trump said Tuesday that he would allow wealthy individuals to pay $5 million for a “gold card" that would grant them permanent U.S. residency, ending an existing program that offers green cards to people who invest in the country.