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Domestic indices oscillate between modest gains and losses in the face of the volatility. Major Asian indices declined as investors tried to predict if a downturn in the economy would trigger monetary tightening by the Federal Reserve. Stock
The real estate and telecom sectors led the gains as domestic indices reversed earlier losses. Latest data showed that in August, US private sector business activity declined for the second consecutive month. Investor emphasis on data showin
Similarly to the Nifty, the Bank Nifty also opened below 20DMA and but it formed an open=low candle. In the end, it closed its two days losing streak as it jumped over 1% on Tuesday. On the daily chart it has formed a sizable bullish candle. The 2
It was quite a day for the Adani group. Creditsights, a Fitch group unit in its latest report said that the Adani group is ”deeply overleveraged”.The report went on to discuss how the company can fall into a spiral of debt trap becaus
Domestic indices rebounded after a 2-day break led by auto and metal sector stocks. The significant fall in Indian domestic indices is primarily due to profit-taking by domestic institutional investors (DIIs), who have been frequent sellers recent
This leather goods company’s share price has risen 135% in just three months. The week has been interesting for AKI India Ltd, a producer and exporter of leather goods wherein its shares stock has climbed to its new high in two consecutive
HOLDING PERIOD ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST BUY RAIN 19
On Monday, the Indian equity indices saw a significant decline. The investor’s sentiments were negative by weak global indications. The Nifty fell short of 17,500 points. Real estate, metal, and PSU bank stocks saw the biggest declines during th
In what may be a sign of the Indian economy picking up pace, the auto components industry clocked its highest-ever turnover of Rs 4.2 trillion in 2021-22, registering a growth of 23% on the back of strong performance in exports and aftermarket sales,
Domestic indices trade lower with BSE Bankex being the top loser. Major US equities declined on Friday as concerns about inflation and the Federal Reserve's plans to counteract it heightened. The shares of heavyweight companies fell, which c
Domestic indices were supported by auto and metal stocks as they fluctuated between small gains and losses. Stocks fell in Asian markets, mirroring a drop on Wall Street overnight. With benchmark indices in Australia and Japan losing more th
The markets were dragged down by IT, power, and utility companies, with Adani group stocks being among the top losers. Investors were nervous about aggressive signals from US Federal Reserve policymakers, which caused Wall Street indices to
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