Currently, around 452 or 90 percent firms in Nifty 500, around 95 in Nifty Midcap 100 and 90 in Nifty Smallcap 100 are trading above the 200 DMA. Analysts say this indicates that they are potentially nearing an overbought zone
The finalisation of basis of allotment will be done on September 22, initiation of refunds will be on September 25 and the shares will be listed on exchanges on September 27.
The firm said initiation of refunds will be on September 25 and credit of equity shares will be on September 26. The firm will listed on exchanges on September 27.
The US wants to use the newly announced India, Middle East, and Europe Economic Corridor as a means to counter China’s Belt and Road Initiative (BRI). The plan’s success would boost India’s global image. This is why India has a key role to play in the project in which 10 developed countries are invested
A round-up of the biggest articles from newspapers
Traders who are reluctant to do business in cash are blacklisted by a cabal of brokers, and their access to prop trading terminals is cut off.
In today's edition of Newspresso here's what you can look forward to. From global news updates; a 6.8-magnitude earthquake hit Morocco on Friday. Many residents in Morocco's historic city of Marrakesh have been left homeless after a powerful earthquake. Moving on to India Insights big news coming in from G20 Summit where PM Modi unveiled a connectivity corridor for economic integration between India, the Middle East and Europe. And moving on to the trends sector Djokovic won the US Open title. This is his fourth US Open title and 24th Grand Slam title. For more watch this edition of Newspresso with Stacy Pereira only on Moneycontrol.
The G20 declaration is a testament to India’s diplomatic acumen, while it betrays New Delhi’s eagerness to counter Beijing’s rising clout in the world order
The JSW Group aims to raise up to $500 million from this stake sale, which will likely be utilised for expanding its presence in renewable energy.
Noting that the economic corridor will help the Indian economy boom, Panagariya emphasised that forging FTAs will make the process of creating the corridor quicker
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4%, after U.S. stocks ended the previous session with mild gains.
Sensex Today | Stock Market LIVE Updates: The S&P 500 closed slightly higher on Friday but well below its session high and all three of Wall Street's major averages posted weekly declines as investors worried about interest rates and waited anxiously for upcoming U.S. inflation readings.
Stocks to watch: Check out the companies making headlines before the opening bell, on September 11, 2023.
Foreign institutional investors (FII) sold shares worth Rs 224.22 crore, while domestic institutional investors (DII) bought Rs 1,150.15 crore worth of stocks on September 8, provisional data from the National Stock Exchange (NSE) showed.
If there is better visibility of growth in US, then IT spending by companies should pick up, which should augur well for IT sector, says Hemant Kanawala.
Panagariya noted that India's G20 presidency was like an elaborate wedding, he remarked that it would be difficult for other countries to replicate what India has achieved at the G20 summit.
'There was probably a miscalculation on China's part on becoming the co-equal of the US," Panagariya said. He noted that the US would not give China an easy path to become a 'co-equal' with them
Speaking exclusively with Moneycontrol, Panagariya said: "Whenever the growth rate is high, there is an ecosystem alleging that there is a rigging the numbers. Such allegations are not made when the numbers are lower."
USDINR is expected to remain sideways within our range. A Double Butterfly (Asymmetrical) trade to capitalise.
Sobha has seen a decisive breakout of falling resistance trendline adjoining highs of July 26 and September 5, with strong bullish candlestick pattern on the daily charts. The stock rallied nearly 11 percent to Rs 682 and formed significantly higher volumes.
IOC shows a bullish engulfing pattern on the weekly time frame
The area, also known as Greater Noida West, is gaining popularity because of affordable units, proximity to economic hubs and wide roads.
W pattern breakout indicates up move in Tata Motors
Ashish Kyal expects consolidation or minor retracement in midcap, smallcap indices, but it will be an opportunity to enter into the stocks that have shown leadership role during the rise.
RSI is losing momentum and the price could not surpass its upper Bollinger band indicating a bearish view in Jeera