Show Financial News
03.12 / 12:27
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week
Market likely to extend breakouts this week, sector rotation can't be ruled out
Nifty50 surged in all four sessions; it went on to move past the previous lifetime high of 20222.45 and managed to end at a fresh all-time high level. Amid high volatility, the trading range also got wider; the NIFTY moved in a range of 491.55 points through the week. While managing to maintain the gains, the headline index managed to close near its high point with net weekly gains of 473.20 points (+2.39%). While the markets rose, so did the volatility. The volatility, as represented by INDIAVIX, surged 9.29% to 12.38 on a weekly basis. From a technical standpoint, the Index remains firmly on a rising trajectory. If it continues to advance within its defined and laid path, it may go on to test the upper edge of the rising channel which translates into the levels of 20500—20650 zone. The spikes in the volatility may turn the market choppy; however, there are greater of the breakout getting extended and the Index testing the upper edge of the rising channel. After that, some consolidation cannot be ruled out. Monday is expected to see a positive and strong start to the week; the levels of 20400 and 20580 are likely to act as resistance. The supports come in at 20080 and 19900 levels. The weekly RSI is 65.90; it has marked a fresh 14-period high which is bullish. It stays neutral and does not show any divergence against the price. The weekly MACD is bearish and below its signal line; however, it looks on the verge of a positive crossover
03.12 / 11:29
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Experts
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blues
Ahead of Market: 10 things that will decide stock action on Monday
The blue chips Nifty 50 and BSE Sensex gained 2.39% and 2.29%, respectively, led by a rise in energy stocks. Faster-than-expected quarterly economic growth and acceleration in factory growth in November supported the rise in domestic equities. Here's how analysts read the market pulse: «Nifty continues to ascend as the bulls maintain control.
03.12 / 11:29
IPO
Provident
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Nov
Morningstar
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FPIs infuse Rs 9,000 cr in equities in Nov; inflow in debt at 6-yr high
FPIs again made a comeback in the Indian stock markets in November and pumped in Rs 9,000 crore amid fall in US treasury bond yields and the resilience of the domestic market. Additionally, Foreign Portfolio Investors (FPIs) made a net investment of Rs 14,860 crore in the debt market last month, making it the highest level in six years, data with the depositories showed. Going forward, FPI response will be crucially determined by the market trend, which, in turn, will be influenced by the state election results, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. If the state election results turn out to be favorable for the ruling dispensation, the market will stage a rally, and overseas investors are unlikely to miss that rally by big selling, he added. According to the data, FPIs made a net investment of Rs 9,000 crore in Indian equities in November. This came after FPIs dumped Indian equities worth Rs 24,548 crore in October and Rs 14,767 crore in September.
03.12 / 11:29
Waters
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exclusive
Philippines says more than 135 Chinese boats 'swarming' reef off its coast
MANILA: The Philippines said Sunday more than 135 Chinese vessels were «swarming» a reef off its coast, describing the boats' growing presence as «alarming». The Chinese boats were «dispersed and scattered» within the boomerang-shaped Whitsun Reef, which the Philippines calls Julian Felipe Reef, around 320 kilometres (200 miles) west of Palawan Island, the coast guard said. Whitsun Reef is more than 1,000 kilometres from the nearest major Chinese landmass of Hainan island. The Philippines said it counted 111 «Chinese maritime militia vessels» (CMM) on November 13.
03.12 / 11:15
Waves
FIVE
President
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social
2020
North Vs South Divide: How 'Red diary', 'Mahadev app' helped BJP crush Cong in Hindi heartland in Assembly Polls 2023
Madhya Pradesh and Rajasthan, and holding a notable advantage in Chhattisgarh. Simultaneously, the Congress appeared poised to unseat the ruling party in Telangana. As Assembly Election Results 2023 were tallied for the four states, trends on the Election Commission's website show a pro-incumbency wave in BJP-led Madhya Pradesh, contrasting with an anti-incumbency sentiment in the Congress-governed states of Rajasthan and Chhattisgarh.
03.12 / 11:15
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Telangana Assembly election results 2023: Who will be the next CM?
Telangana on Sunday. The party was ahead of the ruling Bharat Rashtra Samithi (BRS) in Telangana, which was leading on 40 seats. Whereas, BJP was ahead on 4 seats.
03.12 / 11:03
BTC
Action
Bitcoin
show
2020
Mind
Mind-Blowing Bitcoin (BTC) $600 Million of Shorts Destroyed as Price Hits $39,700
U.Today — (BTC) witnessed an extraordinary liquidation series where approximately $600 million worth of short positions were liquidated in a single candle. This explosive price action pushed BTC's price to a staggering $39,700, a move that left the cryptocurrency community both stunned and elated.
03.12 / 10:33
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Kamal blooms as Kamal Nath withers in Madhya Pradesh: Curtains down for Congress veteran?
Kamal Nath had lost his chief minister's seat in 15 months after coming to power in Madhya Pradesh state in 2018. The Congress had won the 2018 assembly election by a wafer-thin margin.
03.12 / 09:55
03.12 / 09:55
03.12 / 09:55
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Southern
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'Foreign terrorists' behind deadly Philippine bombing - officials
By Karen Lema and Neil Jerome Morales
03.12 / 09:55
03.12 / 09:55
03.12 / 09:51
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reports
2024
Rajasthan Assembly Elections 2024: Alwar MP, Mahant Balaknath emerges as top BJP candidate for CM's post
Rajasthan Assembly polls has emerged as the favourite candidate for the chief ministerial position after the latest trends showed the party comfortably crossing the halfway mark. Balaknath, who is a Lok Sabha MP from Alwar and is 40 years old, told ANI that this time BJP on its own will bag 120 seats in Rajasthan. Balaknath had taken sannyasa since his childhood days at the age of 6.
03.12 / 09:51
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Enterprise
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One step at a time: UltraTech moves steadily towards its goal
₹170 crore marks a significant step. This move not only introduces UltraTech into a new market butis also expected to reduce its logistics costs given that it did not have production capacity in Jharkhand. These acquisitions along with planned expansions should accelerate UltraTech towards its expansion target.
03.12 / 09:51
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Matthews
Death
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Updates
India vs Australia Live Score Updates, 5th T20: Surya eyes 4th win; will Washington Sundar replace Axar?
When and where to watch India vs Australia 5th T20 match? The 5th and final T20 international between India and Australia will be played on Sunday, 3 December at the M. Chinnaswamy Stadium, Bengaluru. The match will begin at 7:00 PM and the skippers of both teams will enter the grounds for toss at 6:30 PM.
03.12 / 09:12
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BJP’s welfare schemes, Modi ki guarantee worked in Madhya Pradesh; Congress suffers due to infighting, arrogance
BJP in Madhya Pradesh has come as a surprise for many within the party as a two-third majority was not expected. While the central and state welfare schemes have worked for the BJP, Congress scuttled its chances due to infighting and trying to better what Shivraj Singh Chouhan government was already providing. To beat the natural fatigue and anti-incumbency that was building up against it, BJP fought these elections with “Modi ki guarantee”, seeking votes through this slogan in its manifesto and its public meetings.
03.12 / 08:55
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Adventure
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consequences
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week
‘Toughen up’: Vinod Khosla comments on Narayana Murthy’s 70-hour-week remark
Vinod Khosla weighed into the debate kicked off by Infosys founder NR Narayana Murthy’s comments that young people should work 70-hour weeks, saying that people need not be so sensitive to the remark. ‘Toughen up’
03.12 / 08:55
show
reports
SP declares highest assets among regional parties, BRS second
New Delhi: Samajwadi Party declared the highest assets among regional parties in the year 2021-22, followed by the Bharat Rashtra Samithi, a report by a democratic reform think tank said. According to Association for Democratic Reforms, during the financial year 2020-21, SP declared assets totalling Rs 561.46 crore, which increased by 1.23 per cent to Rs 568.369 crore in 2021-22.
03.12 / 08:55
Provident
awards
Actor
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innovations
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Wise
India's Safeena Hussain wins $5 lakh WISE Prize for getting 14 lakh girls back to school
Safeena Hussain, founder of 'Educate Girls,' has become the first Indian woman to bag the WISE Prize worth 5 lakh USD for mobilising 14 lakh out of school girls in Indian villages to get back to mainstream education. The prize, awarded by the Qatar Foundation at the 11th Edition of the World Innovation Summit for Education (WISE) Summit earlier this week in Doha, is one of the most prestigious awards in education.
03.12 / 08:55
Waves
Death
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country
reports
Pakistan records 34 per cent increase in militant attacks in November: Report
Pakistan surged 34 per cent in November, with 63 militant attacks recorded in the country during the month, a think-tank report said on Sunday. The 63 militant attacks in November resulted in 83 deaths, including that of 37 security forces personnel and 33 civilians, the Dawn newspaper reported, citing data by the Pakistan Institute for Conflict and Security Studies (PICSS) think tank. Additionally, 89 individuals, including 53 civilians and 36 security forces personnel, sustained injuries, according to the Islamabad-based think tank.
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