Since the March swing lows, prices of JK Paper saw a strong rally, doubling from Rs 320 to Rs 640. However, over the last couple of months, prices entered a correction phase
Positive Breakout: These 6 stocks close cross above their 200 DMAs (07-10-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Bond bulls bet on RBI’s dovish turn for rally to extend (07-10-2024)
Traders anticipate a potential shift to a neutral stance by the Reserve Bank of India on Wednesday, with expectations of dovish signals possibly driving yields down further. Foreign inflows and a rate cut by the US Federal Reserve boost optimism, despite geopolitical tensions and the RBI’s cautious approach.
Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs (07-10-2024)
At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.
Stocks to Watch: HDFC Bank, Adani Wilmar, REC, Adani Total, Canara Bank (07-10-2024)
Stocks to Watch: Life Insurance Corporation of India has increased its shareholding in Bank of Maharashtra from 4.05 per cent to 7.10 per cent following the allotment of shares during a QIP.
Gold subdued as US jobs data firms bets for smaller rate cut (07-10-2024)
Gold prices slightly decreased as a strong U.S. jobs report led to lowered expectations for a large Fed rate cut. Market participants are now waiting for upcoming inflation data and comments from Federal Reserve officials. In other markets, silver, platinum, and palladium saw slight gains. Key economic data from Germany, the UK, and France is also expected.
“Lalu Yadav most corrupt person in politics”: Bihar Dy CM Vijay Kumar Sinha on RJD chief’s exit poll remarks (07-10-2024)
Bihar Deputy Chief Minister Vijay Kumar Sinha said that Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav is “one of the most corrupt” persons in politics, adding that during his tenure lives of people of the whole country were at stake.
Dollar on a roll after US jobs data and Middle East flare-up (07-10-2024)
Japan’s yen drops to its lowest level in nearly two months, influenced by robust U.S. jobs data and mounting Middle East tensions. The dollar continues its rally as the Federal Reserve considers smaller rate cuts, while oil experiences the largest weekly gain since January 2023.
CARE Ratings Limited (07-10-2024)
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