Trade Financial News

Stop and Reverse (SAR) indicator is a powerful tool used by traders to identify potential trend reversals in the price movements of MCX gold and silver contracts. Unlike traditional indicators that follow price trends, the SAR indicator is unique in that it dynamically adjusts its position relative to price, making it particularly effective in spotting changes in market direction. In this article, we'll explore how traders can use the Parabolic SAR indicator to identify trend reversals and execute entry and exit setups in MCX Gold and Silver trading. Understanding the Parabolic SAR Indicator

importing pulses from Myanmar has been eased and simplified. The importers have been asked to utilize Rupee/ Kyat direct payment system using Special Rupee Vostro Account (SRVA) through Punjab National Bank, the consumer affairs ministry said in a statement. India depends on imports of pulses to meet the domestic shortage. The country imports tur and urad dals from Myanmar. Consumer Affairs Secretary Nidhi Khare discussed with Indian Mission in Yangon issues relating to pulses imports from Myanmar such as import prices in the wake of revised exchange rates and stocks held by importers in Myanmar, it said.

Maidaan Box Office Collection Day 2: Ajay Devgn's latest Bollywood film ‘Maidaan’ based on the golden era of Indian football witnessed a significant drop in its collection on its second day. The Ajay Devgn movie minted ₹9.85 crore net during its two-day run, as per film industry tracker Sacnilk. The film released on the occasion of Eid 2024, garnered ₹4.5 crore net on the day of its release, April 11, in theatres.

Buy or sell stocks: After showing a range-bound action on Wednesday, the Indian stock market slipped into a sharp weakness zone and ended lower on Friday. The Nifty 50 index nosedived 234 points and closed at a 22,519 level, the BSE Sensex crashed 793 points and finished at the 74,244 mark, and the Bank Nifty index corrected 422 points and ended at 48,564 level. In the broad market, the small-cap index dipped 0.60 percent whereas the mid-cap index went down 0.49 percent.

Streaming service provider Roku said on Friday it identified a second cyberattack that impacted about 576,000 additional accounts while investigating a breach that affected 15,000 user accounts earlier this year. The company, which had more than 80 million active accounts, said the hackers did not gain access to any sensitive information such as full credit card numbers or other payment details.

Canada has made the decision to reduce the number of its staffers stationed in its consulates across India, a move that could potentially impact visa application processes for individuals planning to travel to Canada. According to a spokesperson from the Canadian High Commission, the staff reductions were deemed necessary due to a decrease in the number of Canadian personnel available to effectively manage operations within the country. Think you check all the immigration boxes? Find out Despite the staff reductions, the spokesperson assured that Canada's visa application centers in India are functioning normally, alleviating concerns regarding any immediate disruption to visa processing procedures.

markets retreated despite a tech-fueled rebound on Wall Street the day before. Oil prices were higher. The future for the S&P 500 slipped 0.1% while that for Dow Jones Industrial Average edged 0.1% higher.

Multibagger stocks to buy: Shares of Tata Power and Adani Power are one of the multibagger stocks that the Indian stock market has delivered in recent years. However, some analysts are still bullish on the fundamentals and technical of these businesses.

Bank Holidays in April 2024: All banks in India, including the State Bank of India (SBI) will remain closed today on April 13 on account of the second Saturday off. Banks in the country have leaves every second and fourth Saturday of the month. Further, April 13 will also be a weekend off for Sunday.

MUMBAI : In a rare instance of investor activism by an asset management company, Quantum Mutual Fund has written to the markets regulator objecting to the delisting of ICICI Securities Ltd on grounds of unfair valuation for the brokerage’s minority shareholders. The asset management company, in a letter to the Securities and Exchange Board of India (Sebi), also objected to employees of ICICI Bank Ltd allegedly reaching out to ICICI Securities shareholders urging them to vote in favour of the delisting, which sailed through despite opposition from some investors. ICICI Securities last month held a shareholder vote on the proposal to delist the company from the bourses and make it a 100% subsidiary of parent ICICI Bank.

Special Economic Zones (SEZ) law are expected to figure in the 100-day agenda of the commerce ministry for the next government and it may be introduced in the monsoon session of Parliament, sources said. The monsoon session will be the first session of the newly elected government which will also see the presentation of the full budget for 2024-25. The seven-phase Lok Sabha polls, the world's biggest election exercise, will kick off on April 19 with the counting of votes set to take place on June 4.

As blue-chip cryptocurrencies consolidate within recent ranges, with Bitcoin (BTC) continuing to swing either side of $70,000, traders and investors are looking for the best crypto to buy now in the altcoin market that might offer the prospect of quick gains.

New Delhi's decision to post military and defence attaches to several new countries reflects India's changing assessments of strategic interests. Countering China, safeguarding critical gateways and increasing export of Indian military hardware is behind the choice of these new outposts that include several countries in Africa, East Europe and Asia Pacific. Now, GoI must ensure that defence personnel in missions abroad aren't limited to procurement, trade and training, as defence is an essential component of strategic relations. A better understanding of a defence attache's role is a must for the most optimum outcome.

Rameswaram Cafe blast case from West Bengal has triggered another round of war of words between the Trinamool Congress and the BJP, just one week ahead of the first phase of the Lok Sabha polls. While the BJP projected this as another example to continue its allegation that the state has become a safe haven for terrorists, Trinamool supremo and CM Mamata Banerjee said the state police were quick to act in the arrest of the accused who hailed from another state and asked what the BJP governments were doing. The Bengal Police, meanwhile, took to microblogging platform X to deny BJP's allegations. One of the first to hit out at the Trinamool government on Friday was BJP Bengal co-in charge Amit Malviya.

Mumbai: Starting an India business is one of the company's top priorities, and it is carefully studying the market to devise a smart entry strategy for offering its capital markets and wealth management solutions to Indian players, said Tim Gokey, chief executive officer of Broadridge, a global fintech leader processing about $10 trillion in daily fixed income and equity trade volumes. Currently, a third of the company's total global workforce of 15,000 is based in capability centres in Bengaluru and Hyderabad. Broadridge doesn't have an India business yet but only operates the two capability centres. Gokey said while the India capability centres may have initially functioned as cost units, they have since evolved into a major hub of intellectual capital for the company.

China as Taiwan's main export market for four consecutive months due to a surge in demand for microchip products and AI technology, Taipei's Finance Ministry said Friday. Self-ruled Taiwan is a microchip-manufacturing powerhouse, churning out the world's most advanced silicon wafers necessary to power everything from e-vehicles and satellites to fighter jets and increasingly to power AI technology.

Embark on an exploration of BlockDAG ‘s ambitious journey to ascend into the top 10 cryptocurrencies by 2024, boasting a projected 30,000X return on investment that aims to overshadow the accomplishments of industry giants like Solana and PEPE. BlockDAG stands out with its innovative integration of blockchain and Directed Acyclic Graph (DAG) technologies, promising unparalleled security and transaction speed. 

Gold prices hit all-time high on strong US inflation figures, Fed rate cut buzz. Silver price also climbs a new peak Drawing inspiration from the upward movement of gold, platinum surpassed the significant psychological threshold of $1,000 per ounce, reaching its highest point in almost four months. The White House emphasized the genuine and substantial threat of a potential attack by Iran on Israel, without disclosing specific timing details.

AWD. With this code, you will save the maximum possible on trading fees. Register here: https://app.hyperliquid.xyz/join/AWD Hyperliquid stands as a groundbreaking order book perpetual futures decentralized exchange (DEX).

₹7,229.10, the scrip is almost 12 percent away from its record high of ₹8,192.00, hit on October 6, 2023. But, it has recovered 25 percent from its 52-week low of ₹5,780, hit on April 12, 2023. Meanwhile, in the long term, shares of Bajaj Finance have delivered over 4000 percent return to their shareholders in the last 10 years.

Dan Savickas, director of policy for the Taxpayer's Protection Alliance, spoke to FOX Business about former President Trump's proposed 60% tariff on Chinese imports and the effects of tariffs on American consumers.