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Subscribe to enjoy similar stories. Nifty 50, India’s benchmark index, closed 92 points higher on Tuesday, ending its two-day losing streak to settle at 23,207.90. The index opened with a gap-up, tracking positive global cues, and traded within a narrow range of 23,637–23,795.

Subscribe to enjoy similar stories. Even though there was a brief recovery on 7 January, markets still encountered notable selling pressure during attempts to bounce back, suggesting that bearish sentiments prevail. Interestingly, the volatility index (India VIX) decline indicates a reduction in participant anxiety.

Subscribe to enjoy similar stories. The Indian stock market closed flat on Tuesday, weighed down by weakness in IT and consumption stocks. The Nifty 50 index ended nearly unchanged at 23,707.90, while the BSE Sensex slipped 0.30% to close at 78,199.11.

Supreme Court collegium on Tuesday recommended Patna High Court Chief Justice K Vinod Chandran to be appointed as a judge of the apex court. The five-judge collegium led by Chief Justice of India Sanjiv Khanna in a meeting held on Tuesday recommended the name of Justice Chandran, who was appointed as a judge of the Kerala High Court on November 8, 2011.

«There is a strong support at 23,460 which happens to be the previous swing low, so that is the stop loss in the long positions of the Nifty,» says Vinay Rajani, HDFC Securities. Like Ansh was just highlighting that both the benchmark indices are trading in quite a narrow range and it is more of a short covering led rally that what we are witnessing. Help us with your take on the benchmark indices and where do you see the index headed. Vinay Rajani: So, yes, it is trading within the range of yesterday's move and recovery is there and sector-specific and stock-specific some good moves can be seen on the upside also. So, there is a stock-specific market. Nifty has risen by 110 points, but this can be considered as a pullback only. But however, the froth has gone out and many stocks have started performing, in fact, they are making highs of the recent swings. So, as a trader I would suggest that try to come out with stocks which can outperform this market because as far as benchmark indices are concerned, they are likely to remain in the range or consolidate.

Power Grid Corporation of India shares will remain in focus on Tuesday after the state-owned electric utility company was named the successful bidder under the Tariff Based Competitive Bidding (TBCB) process for two major projects aimed at enhancing India’s Inter-State Transmission System. The projects, to be executed under the Build, Own, Operate, and Transfer (BOOT) model, involve significant upgrades to substations in Gujarat and Karnataka.

One Mobikwik Systems will be in focus on Tuesday as the company will announce its first quarterly earnings post its listing on December 18, 2024. The company had posted a consolidated revenue of Rs 875 crore in FY24, marking a 62% growth over the previous year. Its net profit of Rs 14 crore in FY24, reversed from losses of Rs 84 crore in FY23.

Target-date funds are a way for 401(k) participants to put their retirement savings on autopilot — and they capture the lion's share of investor contributions to 401(k) plans.

Artificial Intelligence (AI) is eventually becoming increasingly exploited by cybercriminals to actually create some highly personalized phishing emails that are difficult for the victims to recognize as fraudulent, reported New York Post.

Subscribe to enjoy similar stories. New Delhi: The government is likely to announce a policy in the upcoming budget for greening the operations of micro, small and medium enterprises (MSME) and lowering their carbon emissions.

The stock had been making higher highs and higher lows over the past few months on the daily timeframe, indicating sustained bullish momentum. Recently, it had consolidated near its immediate support zones and had shown a sharp upward move of nearly 10% in the last two weeks, suggesting renewed buying interest.

Nifty Index, trading near the 24,000 mark seems to be getting stuck within 50 DEMA of 24,212, 100 DEMA of 24,249 on the upper side and 20 DEMA of 24,017 and 150 DEMA of 24,026 DEMA on the lower side. In the previous week, a positive breakout in Nifty was seen but the momentum fizzled out on Friday as the index didn’t manage to break the resistance at 61.8% Fibonacci level of 24,248 and gave away partial gains by closing 183 points, lower than the previous day.

HDFC Bank will remain in focus on Monday after its deposit growth outpaced loan growth for the quarter ending December 2024. While deposits grew by 15.8% on year, its loans grew by 3%, provisional numbers released by the lender showed. Total gross advances stood at Rs 25.42 lakh crore as of December 31, 2024, a growth of around 3.0% over Rs 24.69 lakh crore at the end of December 31, 2023.

Subscribe to enjoy similar stories. Surgeon General Vivek Murthy has done more to politicize science and erode trust in public-health leaders than anyone other than Anthony Fauci. Dr.

Subscribe to enjoy similar stories. NEW DELHI : Piped natural gas customers -- both households, industry and CNG vehicle users – are likely to get uniform insurance cover against leaks and other accidents, following a recommendation by the Petroleum & Natural Gas Regulatory Board (PNGRB). In a recent meeting with stakeholders, the regulator noted that it is imperative that piped natural gas (PNG) consumers should also be insured as in the case with liquid petroleum gas (LPG).

Droupadi Murmu will confer the Pravasi Bharatiya Samman during the valedictory session of the upcoming PBD Convention, the Ministry of External Affairs said on Friday as it announced the names of the awardees for this year. The awardees, who «represent the excellence achieved by our diaspora in various fields», include among others Baroness Usha Kumari Prashar from the UK (in the field of politics), Dr Sharmila Ford from the US for community service. There are a couple of institutions as well who will be given the award.

JK Lakshmi Cement shares will remain in focus on Friday after receiving approval from the NSE and BSE for its amalgamation plan. The scheme involves merging three subsidiaries—Udaipur Cement Works, Hansdeep Industries and Trading, and Hidrive Developers and Industries—into JK Lakshmi Cement.

Nifty future closed positively, gaining 1.56% to end at 24,270 levels on Thursday. On the options front, the maximum Call OI is placed at 25,000, followed by 24,500 strikes, while the maximum Put OI is placed at 24,000, followed by 23,800 strikes.