Indian market witnessed a mixed performance in the current week with US and Europe banks’ turmoil majorly impacting sentiments globally. Both Sensex and Nifty have tumbled by nearly 2% between March 13 to March 17. Currently, Sensex is below 58,000 and the Nifty 50 is breathing around 17,100. In theRead More →
Ajit Mishra, VP – of Technical Research, at Religare Broking said, “The coming week is a holiday-shortened one and we expect volatility to remain high citing mixed indications. On the data front, participants will be eyeing the IIP data scheduled on March 10. Besides, the performance of global indices, especiallyRead More →
Global market today: On account of strong US dollar, US Fed officials hawkish stance on interest rate hike and renewed fear of US inflation, global market sentiments continued to remain negative for fourth straight session on Wednesday. Dollar index gained further strength after regaining 104 levels and put gold pricesRead More →
On Friday, Sensex shed 452.90 points or 0.75% to end at 59,900.37, while Nifty 50 slipped 132.70 points or 0.74% to close at 17,859.45. After trading on a positive note between January 2nd and 3rd, Indian markets entered into the red for three consecutive days between January 4th to 6th.Read More →
Gold rate today: On account of ease in dollar index and rising Covid-19 cases, gold price continue to rally on eights week in a row. Gold future contract for February 2023 ended at ₹54,561 per 10 gm on MCX (Multi Commodity Exchange), clocking weekly gain of ₹236 per 10 gm.Read More →
The largest cryptocurrency Bitcoin is in a super rally on Wednesday, touching its highest level in a month thanks to significant cooling in US inflation data. Broadly, crypto markets are on a bull run with the focus now shifting toward the FOMC policy meeting. Bitcoin which holds dominance in theRead More →
Yesterday, better-than-expected CPI inflation data fuelled a favorable rally in Indian markets with IT stocks finally halting their 7-day losing streak and PSU banks extending their gains furthermore. Sensex stayed above the 62,500 mark and Nifty 50 held over 18,600 — indicating the beginning of improvement from the past fewRead More →
