Posts in category Economic Times
Rupee falls on month-end dollar demand; election results in focus (31-05-2024)
The Indian rupee declined on Friday, pressured by month-end dollar demand from importers, with investors awaiting the outcome of the country's general elections for fresh cues.
Gainers & Losers: Adani stocks and Paytm among top stocks in limelight on Friday (31-05-2024)
The 30-share BSE benchmark Sensex surged 76 points or 0.10% to settle at 73,961.
HDFC Life, SBI Card among 5 stocks with top short covering (31-05-2024)
Short covering signals a shift in view on security from extreme bearishness to bullishness
Election Strategy: How Nifty, Nifty Bank traders can hedge portfolios (31-05-2024)
The major trend of the market remains intact-to-positive till it holds the formation of higher lows on a monthly scale. After hitting a new peak at 23,110 on Monday, the index consistently fell and ended in red each day throughout the week, hitting a low below the 22,500 mark on Thursday.
Tech View: Nifty forms long-legged Doji candle. What should traders do inelection result week (31-05-2024)
On the daily chart, the Nifty has bounced back from close to the 50-day SMA after four sessions of losses. Chartists said that the 14-day RSI at 50.33 is falling and remains below its 9-day EMA, indicating that the momentum is weakening.
Nifty Bank closes flat for the week; all eyes on 50,000 in June series: Experts (31-05-2024)
The bank index rose over 300 points on Friday. Top gainers included Federal Bank, Bandhan Bank, PNB and AU Small Finance Bank. The bank index witnessed a strong price action for the second day in a row but failed to close above the 49,000 support zone.
Share market update: Most active stocks in today’s market in terms of volume (31-05-2024)
The NSE Nifty index closed 42.05 points up at 22530.7
Stock market update: Nifty Bank index advances 0.62% (31-05-2024)
The Nifty Bank index closed 0.62 per cent up at 48983.95.
Canara Bank starts IPO process to take Canara HSBC Life public (31-05-2024)
The IPO, if approved by the regulators including RBI, the Department of Financial Services, and the union government, will pave the way for Canara HSBC Life's listing on both exchanges.