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Bandhan Bank Ltd.(up 2.52 per cent) were among the top gainers.

Mint columns that I debunk the super cycle theory in oil and gas. Part of the reason is I have seen the sale of “ghost ships" grow exponentially in the past 10 years. Most of the spike came after the Covid lockdowns in 2020.

Indian rupee depreciated by 7 paise to 83.84 against the US dollar in early trade on Wednesday, tracking subdued domestic equity market trend and unabated outflow of foreign capital. A weak American currency and lower crude prices, however, supported the local unit and prevented its sharp fall, forex traders said. At the interbank foreign exchange, the rupee opened weak at 83.79 and lost further to 83.84 against the greenback, declining 7 paise from its previous days' closing level of 83.77.

Domestic benchmark index NSE Nifty fell 2.6 points to 24696.25, while the BSE Sensex traded 105.22 points down at 80697.64.

The Nifty future closed positive with gains of 0.45% at 24,707 levels on Tuesday. The India VIX was down by 3.46% from 14.32 to 13.82 levels.

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Microchip Technology said on Tuesday an «unauthorized party» disrupted the company's use of certain servers and some business operations. After detecting «potentially suspicious activity» in its IT systems on Saturday, the chipmaker began taking steps to assess and contain the issue, it said in a filing. Shares of the company were down about 3% in extended trading.

Nifty index has been making higher highs and higher lows from the last three trading sessions and recently it bottomed out with support of 50 DEMA. Index filled a major gap down zones and scaled higher after a consolidation breakout above 24400 zones. “Now it (Nifty) has to continue to hold above 24650 zones for an up move towards 24850 then 25000 levels while support is seen at 24600 then 24500 zones,” said Chandan Taparia, Senior VP, Equity Derivatives and Technicals, Broking & Distribution at Motilal Oswal.

Donald Trump has hinted at including Elon Musk in his cabinet should he win the presidential race. “He’s a very smart guy. I certainly would, if he would do it," the Republican candidate told Reuters when asked of such a possibility.

stock market indices closed higher on Tuesday, August 20. The frontline indices witnessed solid buying on positive global cues as both the Nifty and the Sensex index closed higher after Tuesday's trading session.

₹5 lakh cash or cash equivalent for either buying or selling options," said Rajesh Baheti, director, Crosseas Capital, one of India's largest arbitrage and jobbing firms. “Another suggestion is to have multiple index products expire on the same day in place of having just a single expiry per week per exchange." Baheti said these were part of his comments to Sebi's 30 July consultation paper titled “Measures to strengthen index derivatives framework for increased investor protection and market stability". Three of the most important recommendations of Sebi’s Secondary Market Advisory Committee (SMAC) are to increase the initial margin to trade, have only a single product expiry per week per exchange, down from the current five indices which expire each day of week, and increase in contract size from ₹5-10 lakh currently to ₹25-30 lakh.

UnTrade is excited to announce the launch of BARS 3X, an upgraded version of our popular BARS strategy. A more leveraged version of our flagship algorithm BARS. Before we dive into the details of this new offering, let’s revisit what made the original BARS strategy so successful.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

U.S. stocks climbed, and Wall Street pulled closer to its record heights following its roller coaster of a summer

U.S. stocks are hanging near their record levels following their eight-day winning streak

Azerbaijan has formally applied to join the BRICS group of developing economies, a day after Russian leader Vladimir Putin’s visit to the oil-rich South Caucasus country to shore up regional ties and secure Moscow’s under-pressure trade routes

Canada’s two largest railroads are facing possible Teamsters strikes.

comprehensive strategic partnership following talks between PM Narendra Modi and his Malaysian counterpart Anwar Ibrahim here. The two sides inked a number of pacts, including one on employment and repatriation of workers and another on boosting cooperation in digital technologies. The bigger focus of the talks was to expand trade and investment and explore cooperation in new and emerging areas.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Crypto lending platform, Ledn said it has secured a $50 million syndicated loan backed by Bitcoin from the Switzerland-based banking group, Sygnum.