Testing Financial News

Daily charts show indexes in a bit of a freefall, so the focus shifts to weekly timeframes. The S&P 500 was the last of the lead indexes to break weekly-trend support, lining up the 200-day MA for the next support test.

R. Venkataramani expressed his perspective to the Supreme Court on Sunday regarding the challenges to the «opaque» electoral bond system for funding political parties.

40% stocks in Nifty IT index have moved into the oversold region and among them Tech Mahindra and LTTS looks to be gearing up for a bounce back, says Anand James, Chief Market Strategist at Geojit Financial Services. “Among the NSE500 stocks, 10% stocks are oversold. Interesting fact is that Chemical stocks have corrected significantly and around 70% have either entered the oversold region or close to the oversold region,” he says. Edited excerpts: After six days of non-stop decline that ended with October series expiry, was Friday's upside expected? Nifty showed strong support at 200-DMA. What are the targets for the new series? Both the non stop decline as well as the turn on Friday could be explained by 200 DMA which remained the target and thereby a point for reversal, after the penetration of 19500 triggered panic selling. Friday also saw the November derivative series becoming active, also aiding a bounce back that has now retraced about 23% of the fall. This retracement could stretch as far as 19150 as well, while momentum could even push the recovery move to 19420 which is from where bears could mount fresh challenges in the days ahead. Alternatively, inability to hold above 19050 or a direct pull back below 18900 would also ensure that the 200 DMA at 18600 is tested. Breach of the same would bring the worst case scenarios into the picture, with 17000 as the likely objective, but this is least favoured at the moment.

Maradona displayed football talent at a very early age. At the age of eight, he joined Las Cebollitas (“The Little Onions"), a boys’ team that went on to win 136 consecutive games and a national championship. Maradona signed with Argentinos Juniors at age 14.

Adam Johnson, who appeared in 13 NHL games with the Pittsburgh Penguins, has died after a “freak accident” during a game in England on Saturday, his club said.The 29-year-old Minnesota native was playing for the Nottingham Panthers in a Challenge Cup game against the Sheffield Steelers when he suffered a slashed neck during the second period of the game at Sheffield’s Utilita Arena.“The Nottingham Panthers are truly devastated to announce that Adam Johnson has tragically passed away following a freak accident at the game in Sheffield last night,” the team said Sunday morning.“The Panthers would like to send our thoughts and condolences to Adam’s family, his partner, and all his friends at this extremely difficult time. Everyone at the club including players, staff, management and ownership are heartbroken at the news of Adam’s passing.”Johnson spent 13 games over parts of the 2018-19 and 2019-20 seasons playing for the Pittsburgh Penguins in the National Hockey League before spending the 2020-21 season in Sweden with the Malmo Redhawks.

Standard Chartered’s Q3 results – which came out yesterday — revealed the numbers behind something many have seen going on for a while: two cities are subsiding the entire rest of the bank.

MUMBAI, BENAGLURU : Nine of India’s top 10 software services firms, employing more than 2 million engineers, have seen their workforce shrink in the six months to 30 September, the first time in more than 25 years, as clients in the US and Europe cut spending amid rising economic and geopolitical risks. With the six months to March typically softer for IT companies than the first half because of fewer working days, the year ending 31 March may mark the first instance of Indian IT companies ending the year with fewer employees than at the beginning of the fiscal year, according to industry executives and staffing firms.

Narendra Modi unveiled this ambitious project on 9 September during the G-20 summit in New Delhi. It has the potential to change face of Asia and Europe through the building of transport and communication links via rail, road, and the sea. Along with the US, Saudi Arabia, UAE, the EU, Italy, France, and Germany have signed a Memorandum of Understanding for this project.

Mint explains: Up until early August, only Cruise autonomous cars with a “safety driver" (human) could charge cab fares for rides in California at night. Cruise driverless cars could take passengers without humans but not charge any fare. Alphabet-owned Waymo, another fully autonomous car, couldn’t charge without a human driver either.

World Cup was played between India and England in Lucknow, India's Rohit Sharma entered in the top five after scoring a brilliant 87 runs under testing conditions. Rohit also overtook Virat to become India's leading run-getter in this World Cup for India. Here is a look at the top ten batsmen who scored maximum runs till the India-England game: Quinton de Kock who has scored three centuries in this World Cup is at the top of the chart and is one of the main reasons for South Africa's brilliant performance in the World Cup.

Open-source protocols have become a mainstay in the tech world and are gaining traction due to the myriad benefits that they offer over their proprietary counterparts.

Jasprit Bumrah and Mohammed Shami bowled superbly in their magical opening spells after Rohit Sharma's rearguard 87 on a challenging pitch as India hammered England by 100 runs for their sixth straight win in the World Cup on Sunday. The emphatic win would not have been possible without the special effort of skipper Rohit (87 off 101 balls), whose sublime knock stood out as most Indian batters fell by the wayside on a two-paced pitch. Suryakumar Yadav (49) got the much needed runs in the death overs to push India to 229 for nine. Shami (4/22) and Bumrah (3/32) stole the show with the ball for the unstoppable hosts as England batters once against cut a sorry figure as they slumped to 129 all out in 34.5 overs for their fifth loss in six games. England are virtually out of semifinal contention while India, the only unbeaten side in the tournament, are almost there. Having put up a below par total, India needed early wickets to put pressure on a struggling England batting unit.

Also Read: Week Ahead: Q2 Results, PMI data, auto sales, US Fed Policy, global cues among key market triggers this week The GNFC stock has displayed a strong resurgence, characterized by a long-legged doji candle testing its previous breakout resistance. Notably, the subsequent candle is significantly bullish, indicating a strong comeback by the bulls. Currently, the stock is trading above its 20-day EMA, with an RSI of 62, signifying strong momentum.

Sectorally, buying was seen in public sector, utilities, power, and realty stocks while some selling was seen in consumer durables, metal, and FMCG stocks. Stocks that were in focus include names like Shriram Finance which was up more than 7% to hit a fresh record high, Canara Bank gained nearly 6% and RIL closed with gains of nearly 2% on Friday ahead of Q2 results. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Analyst: Sunil Gurjar, Founder Chartmojo, Author, CFTe Shriram Finance (All-Time) Shriram Finance is outperforming the Nifty50 index with a recent attempt at a breakout. The all-time high level (ATH) was breached by a gap (breakaway), indicating strong support between 1700 and 1740. In recent days, the counter formed a declining broadening wedge, and the target was achieved.

black armbands during their World Cup showdown against England to remember the legendary spinner and former captain, Bishan Singh Bedi, who passed away on October 23, 2023. The BCCI released a statement shortly after the commencement of the World Cup contest in Lucknow, confirming the team's gesture. Bishan Singh Bedi is survived by his wife Anju, daughter Neha, son Angad, Gavas Inder Singh, and daughter Gillinder from his previous marriage to Glenith Miles.

Controversial Wallabies coach Eddie Jones has resigned from his position a month after his team’s woeful Rugby World Cup performance.

Azharuddin has entered the electoral fray in Telangana as the Congress candidate from Jubilee Hills, saying he will bat aggressively and field properly to win on this new pitch. A swashbuckling batsman from Hyderabad, Azhar made a mark in the cricketing arena with his inimitable swagger and stylish stroke play. Like the explosive start he had to his cricketing career with three back-to-back centuries, he also began his political innings with a win from Uttar Pradesh's Moradabad Lok Sabha seat in 2009. He lost from Rajasthan's Tonk-Sawai Madhopur in 2014 and after waiting in the wings patiently he is now entering the state electoral contest for the first time by seeking to wrest the Jubilee Hills constituency in the Secunderabad Lok Sabha segment from the Bharat Rashtra Samithi (BRS). In an interview with PTI, the former India cricket captain said he was yearning to contest from his home state and do something for the people of Telangana after being an MP from UP and then unsuccessfully contesting the 2014 Lok Sabha polls from Tonk-Sawai Madhopur. «I was very happy to get the ticket this time from my own state. I must thank my high command — Mallikarjun Kharge ji, Sonia Gandhi ji.

Gaza residents in the ongoing Israel-Hamas war that has killed over 1,400 Israelis, and nearly 8,000 people in Gaza. “You must remember what Amalek has done to you, says our Holy Bible. 1 Samuel 15:3 ‘Now go and smite Amalek, and utterly destroy all that they have, and spare them not; but slay both man and woman, infant and suckling, ox and sheep, camel and ass’," Netanyahu said.

inflation picked up along with consumer spending as the third quarter drew to a close, government figures showed ahead of the Federal Reserve’s penultimate policy meeting of the year. Consumer price growth also gathered pace in Tokyo, an indicator of nationwide inflation. Bank of Japan officials also meet next week, as do Bank of England policymakers.

Six months after NYSE-listed Mercer International’s local outpost picked up $37.8 billion worth of superannuation assets from Westpac, it has swooped on another bank’s pensions honey pot.

Prime Minister Benjamin Netanyahu on Saturday night while warning that the assault would intensify ahead of a broad ground invasion into the territory. “There are moments in which a nation faces two possibilities: to do or die. We now face that test and I have no doubt how it will end: We will be the victors.