Posts in category Economic Times
Rupee halts 3-day losing streak on flows; election outcome eyed (30-05-2024)
The Indian rupee ended higher on Thursday, halting a three-day losing streak, supported by dollar inflows related to the rebalancing of the MSCI equity indices.
Stock market update: Sugar stocks down as market falls (30-05-2024)
The 30-share BSE Sensex closed down 617.3 points at 73885.6
Mark Mobius turns bullish on Chinese stocks amid recent rally (30-05-2024)
Mark Mobius turned bullish on Chinese equities, citing confidence in the recent rebound after advising investors to avoid them in April.
Election Jitters! A 15-20% correction is okay, look beyond June 4: Experts (30-05-2024)
Motilal Oswal Financial Services Chairman & Co-Founder Raamdeo Agrawal said that post-election will be a "very interesting time though things may have extended a little bit and it is quite possible that the next quarter or two could be slow.
Market Mayhem: Sensex nosedives 617 points on F&O expiry day.What triggered the crash today? (30-05-2024)
Bears were on a rampage on Thursday as selling pressure was witnessed in most sectors. Sensex hit the day's low of 73,668.73 and Nifty briefly slipped below 22,500. Indices plummeted for the fourth straight day, sending Dalal Street into a tailspin. Here are top five factors behind the blood bath.
F&O stocks: ICICI Bank, PNB among 5 stocks with long buildup (30-05-2024)
Bulls dominate stocks with fresh long positions. IndiGo, Page Industries, ICICI Bank, Indus Towers, PNB see stock price and open interest rise. Traders watch for 52-week high, bullish crossovers, moving averages, and out-of-money call options.
F&O stocks: Persistent Systems, HDFC AMC among 5 stocks with short buildup (30-05-2024)
Open interest indicates bullish dominance on counters with fresh short positions. Short selling occurs when traders expect price drops, selling stocks without owning them. Alkem, Ipca Labs, Muthoot Finance, HDFC AMC, and Persistent Systems experienced stock price declines with open interest rises.
Internet-based trading: Sebi reduces approval time to 7 days for brokers (30-05-2024)
Markets regulator Sebi on Thursday significantly reduced the time taken by stock exchanges for granting approval to stock brokers for internet-based trading to seven days from the current 30 days. The move is aimed at facilitating ease of doing business.
10 smallcaps with over 50% gains in 5 months held by 50+ MF schemes (30-05-2024)
When numerous MF schemes hold a stake in a particular stock, investors often feel more confident about investing in it.