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Domestic indices trade higher, Tata Steel surges over 2%. As the equity market resumed trading after a holiday in Japan, the Nikkei 225 index surged 2.5%, boosting shares across Asian markets. With a loss of 19 points, the SGX Nifty predicte

Domestic indices trade higher, powered by oil and energy stocks, after reversing early losses. According to data, US producer prices (PPI) surprisingly declined in July as the price of energy products fell. Investors processed signs of slowing

The Banknifty closed with a gain of nearly 1.5% on Thursday and it managed to close above the April major swing high. On the daily chart it has formed a bullish candle with a gap as a result it has negated the bearish implications of the prior tradin

The Indian stock market has made a sharp bounce-back after a deep correction over the last three months and pulled up further on Thursday that took the indices just 3-4% below their peak. Investors looking at charts and price and volume patterns h

Indraprastha Gas Ltd, a natural gas distribution company co-promoted by state-controlled oil and gas firms BPCL and GAIL, was among the buzzing stocks on Thursday and saw its share price rocket over 7% in a strong Mumbai market. So, what’s drivi

On Thursday, the key indices finished with substantial increases. Better-than-expected inflation data in the US eased growing investor concerns about hasty rate hikes, boosting investor optimism. The Nifty finished over the threshold of 17,650. Wh

Airline is a tricky business. You cannot control most of the costs. The fuel cost depends on crude oil prices, fees paid to the government to use the airports are mostly fixed, employee costs, etc. An airline has little or no control over i

Many people see initial public offerings (IPOs) as a gamble. But in reality, it is a five-legged punt. One stake is on the company that is floating its ‘story’. Whether you want to believe in the tale spun by the investment bankers and the sub

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Markets trade higher, owing to positive Inflation data from the US economy. Asian markets were trading higher by more than 1% after the US inflation data came out better than expected. Hong Kong’s Hang Seng index was up by 2.19%, whereas th

The major market indices made significant gains in the morning while trading in a reserved range. The feelings were strengthened by encouraging global cues. PSU bank stock ended a five-day losing streak. The S&P BSE Sensex, the barometer