Indian market is expected to consolidate on Tuesday tracking mixed global cues. The Nifty future closed negative with losses of 0.01% at 22499 levels on Monday. India VIX was down by 0.47% from 15.24 to 14.92 levels. Positive setup was seen in stocks like BHEL, NTPC, Tata Communication, Gail India, PEL, Tata Power, MFSL, IGL, … Read more
The Indian market was off to a muted start on Wednesday, expected to consolidate going further tracking mixed global cues. The Nifty future closed positive with gains of 0.25% at 22196 levels on Tuesday. India VIX was up by 0.82% from 15.60 to 15.72 levels. Volatility has been rising from the last two sessions. Positive … Read more
Indian market is likely to trade lower on Thursday tracking muted global cues. The Nifty future closed negative with losses of 2.01% at 21587 levels on Wednesday. India VIX was up by 11.13% from 13.57 to 15.08 levels. Positive setup was seen in stocks like LTTS, OFSS, Birla Soft, BHEL, Persistent Systems, L&TFH, Lupin, Torrent … Read more
Indian equities are set to end the year with a record winning streak, with the drivers of the rally transcending the nation’s largest companies. Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are … Read more
Rescue work in China after a devastating earthquake is drawing to an end and the focus of authorities has shifted to post-disaster management in the affected region including the treatment of injured and resettlement of displaced people, The Global Times reported on Wednesday. The devastating Jishishan earthquake that rattled Northwest China overnight has led to … Read more
Most technical indicators suggest a likely continuation of the current momentum. Should Nifty surpass and maintain levels above 21,600, technical analysts anticipate a short covering scenario, propelling the index towards 21,700-21,800. Analysts further highlight that stocks such as LTI Mindtree, SBI, Bank of Baroda, ICICI Bank, DLF, UltraTech, Asian Paints, Bajaj Finserv, IndusInd Bank, Infosys, … Read more
Johannesburg — Large parts of Kenya went dark Sunday night as the country was rocked by its third national blackout in as many months. The electricity failure began before 8 p.m. local time Sunday, with large outages still reported across the country Monday morning. Jomo Kenyatta International Airport in Nairobi, a major regional hub, saw … Read more
