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13.03 / 13:41
13.03 / 12:25
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Tech View: Nifty breaches 20-DEMA, trendline support. What should traders do on Thursday expiry
Nifty on Wednesday ended 338 points lower to slip below its immediate support of the short-term moving average i.e. 20-DEMA and also breached the trendline support. The bullish pattern like higher tops and bottoms continued on the daily chart and the present weakness could be in line with the new higher bottom formation. But a decisive move below 21,860 levels (last higher bottom of 29th Feb) could negate this bullish setup and that could eventually form a bearish pattern like lower tops and bottoms, Nagaraj Shetti of HDFC Securities said.
13.03 / 11:49
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Tech rally, hot inflation, oil prices buoyant- what’s moving markets
Investing.com-- Markets will be watching to see whether major U.S. technology stocks can continue to help Wall Street rise past growing concerns over higher-for-longer interest rates, following upbeat consumer price index inflation data. Gold prices fell from record highs after the reading, with more U.S. inflation cues also on tap later this week.
13.03 / 11:41
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Tyre stock investors edgy on price cut, expensive valuations
Apollo Tyres Ltd, Ceat Ltd, JK Tyres & Industries Ltd and MRF Ltd have declined 5-15% in the last five trading sessions. Considering an average selling price of ₹40,000 per pair, a price reduction of around 1.5-2% has been taken by companies like Apollo Tyres and JK Tyres, showed a recent dealers’ channel check by Nomura Financial Advisory and Securities (India). This move was in response to a similar price-cut action taken by the truck segment leader, MRF on 5 March, Nomura said in its report dated 7 March.
13.03 / 11:41
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Does Las Vegas’s Sphere reveal the future of concerts?
Las Vegas strip, is a giant, wide-eyed emoji. Sometimes it is an enormous, hyperrealistic eyeball, a basketball or a whorl of flames. The Sphere, a remarkable new concert venue, is 366 feet (110 metres) tall and 516 wide; an LED screen spanning almost 600,000 square feet covers the exterior.
13.03 / 11:41
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Rate Cut
US inflation prints dent rate cut hopes; what will move the market now? Here's what 5 experts say
Frothy U.S. Stock Market Just Isn’t Crazy Enough to Be a Bubble Conversely, the Indian stock market suffered strong losses the following day, with Sensex and Nifty 50 falling over a per cent each and the overall market capitalisation of BSE-listed firms plunging by as much as about ₹13.5 lakh crore in a single session. Also Read: Sensex, Nifty 50 fall over 1% each; why did the Indian stock market fall today? The domestic market appeared concerned that a delay in rate cuts could deter foreign capital inflows into it.
13.03 / 10:55
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Cybersecurity, tech skills key in India Inc's checklist for independent directors: Survey
tech, cybersecurity and risk is becoming a key attribute that companies are looking for in non-executive independent directors, as India Inc takes proactive steps to remain agile and prepare for any potential disruption, a survey has revealed. Independent directors with specialised knowledge contribute valuable insights, ask critical questions and also offer guidance on complex matters. Hence companies are expected to witness higher representation from such sectors in the next two years on their boards, according to the India Board Report 2023-24, brought out by executive search firm Hunt Partners, in association with law firm AZB & Partners and consulting firm PwC.
13.03 / 10:23
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Rupee logs worst day in 3 weeks as outflows, weak Asian peers weigh
rupee logged its worst day against the dollar in nearly three weeks on Wednesday, pressured by foreign outflows, while weakness in regional peers following hotter-than-expected inflation data in the United States also weighed. The rupee closed at 82.8625 to the dollar, down from its previous close of 82.7675, recording its biggest single-session decline since Feb. 23.
13.03 / 09:53
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Cautious optimism as UK GDP turns positive in January
Figures from the Office for National Statistics also revealed the nation remained in the red on a year-on-year basis, down 0.3% on January 2023's print. While Tom Stevenson, investment director at Fidelity International, noted the «short and shallow recession may already be over», he warned the rising unemployment and slowing wage growth show the economy is «not out of the woods yet». He added the Bank of England is «likely to sit on its hands» over H1 while it waits for a clearer picture of the nation's growth and inflation trajectory. 'More questions than answers' as inflation re...
13.03 / 08:43
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BEL shares down 5.3% as Nifty drops
Bharat Electronics Ltd. traded 5.3 per cent down in Wednesday's trade at 01:50PM (IST). Around 2,065,117 shares changed hands on the counter. The stock opened at Rs 204.25 and touched an intraday high and low of Rs 205.65 and Rs 192.2, respectively, in the session so far. Shares of the company of Bharat Electronics Ltd. quoted a 52-week high of Rs 216.7 and a 52-week low of Rs 89.68.
13.03 / 08:43
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How one simple exercise and diet led to this Australian nurse's 45 kg weight loss?
Samantha Abreu, a 25-year-old nurse from Melbourne, Australia, has become an inspiration after shedding a remarkable 45 kilograms in just a year through simple lifestyle changes. Her journey, chronicled by various news outlets including The New York Post and SWNS, shows the transformative power of regular exercise and mindful eating.
13.03 / 08:43
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Tata Power shares down 4.93% as Nifty drops
Tata Power Company Ltd. traded 4.93 per cent down in Wednesday's trade at 02:00PM (IST). Around 1,249,969 shares changed hands on the counter. The stock opened at Rs 398.5 and touched an intraday high and low of Rs 399.75 and Rs 373.45, respectively, in the session so far. The stock of Tata Power Company Ltd. quoted a 52-week high of Rs 433.2 and a 52-week low of Rs 182.45.
13.03 / 08:11
13.03 / 05:51
13.03 / 05:37
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Info Edge shares gain 0.61% as Sensex rises
Info Edge (India) Ltd. traded 0.61 per cent up at Rs 5185.75 at 10:46AM (IST) on Wednesday, even as BSE benchmark Sensex gained 47.67 points to 73715.63. The scrip had closed at Rs 5154.0 in the previous session. The stock quoted a 52-week high price of Rs 5536.8 and 52-week low of Rs 3310.0, respectively. As per BSE data, total traded volume on the counter till 10:46AM (IST) stood at 1828 shares with a turnover of Rs 0.95 crore.
13.03 / 05:35
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Gold Prices
Gold prices fall from record highs, near $2,150 after hot CPI data
Investing.com-- Gold prices steadied in Asian trade on Wednesday, but were nursing a tumble from record highs after a strong U.S. inflation reading kept fears of higher-for-longer interest rates in play.
13.03 / 05:35
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Asia FX dips, dollar steady after hotter-than-expected CPI print
Investing.com-- Most Asian currencies crept lower on Wednesday, while the dollar retained some overnight gains after hotter-than-expected U.S. inflation data kept fears of higher-for-longer interest rates in play.
13.03 / 05:35
13.03 / 05:35
13.03 / 04:17
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Hyderabad news: Police lathicharge to disperse crowd gathered for ‘free haleem’ in Malakpet | Watch video
Ramzan, ANI reported. According to a report from news agency PTI, the restaurant management contacted the police after the crowd went out of control, leading to a massive traffic jam in the area. Hundreds of people congregated at the restaurant for free haleem, the video shared by PTI showed.
13.03 / 04:17
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New Zealand raises doubt over Canada's claim of India's link to Khalistani terrorist Hardeep Singh Nijjar's murder
Ambush, barrage of bullets: CCTV captures final moments of Hardeep Nijjar On Saturday, Canada-based CBC News reported about a purported video footage that has surfaced showing Nijjar being shot by armed men. The video shows Nijjar leaving the parking lot of the Gurdwara in his grey Dodge Ram pickup truck. As he approaches the exit, a white sedan pulls in front of him, blocking his truck.
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