The Nifty IT Index is exhibiting a bullish trend on the charts, while Nifty Auto is indicating that any decisive move above or below 24,250 and 23,250 levels could signal a new trend direction
Posts tagged All News
Hedge funds short on Tesla just lost more than $5 billion (12-11-2024)
Hedge funds that had short positions against Tesla between election day and Friday’s close took an on-paper hit of at least $5.2 billion, according to Bloomberg calculations based on data compiled by S3 Partners.
LIC drags down life insurers’ new business by 42% in Oct (12-11-2024)
This decline comes in the first month under new surrender value regulations effective October 1, with the updated rules creating product gaps and earlier sales push and festivals impacting demand.
Asian Paints loses lustre for investors, too (12-11-2024)
Asian Paints shares closed at ₹2,542.65 – the lowest closing since April 30, 2021, with concerns over profitability amid rising competition in the sector causing investors to make a dash for the exit door.
Stocks in news: Hyundai, Nykaa, Hindalco, NMDC, Britannia, IndiGo (12-11-2024)
The Board of NMDC has approved a bonus issue of equity shares in the proportion of 2:1, which means for every one share investors hold in the company, they will get two additional shares.
Pre-market action: Here’s the trade setup for today’s session (12-11-2024)
Having declined from the upper range recently, Nifty is expected to witness an upside bounce from near the lower range of 23,800 levels in the short term. Immediate resistance to be watched around 24,300, said Nagaraj Shetti of HDFC Securities.
Shakti Pumps – solar shakti (power)! (12-11-2024)
BJP manifesto for maharashtra election talking about 30000 Cr solar pump scheme on 90 to 95 % subsidy for farmers…
Why this trend will not spread to all over India…slow but sure…
Discl. : Invested.
Niva Bupa Health IPO subscribed 1.8x at close (12-11-2024)
The non-institutional investors or HNI category was subscribed 0.68 times. The public issue comprised a fresh issue of ₹800 crore and an offer for sale of ₹1,400 crore by promoter Bupa Singapore Holdings and Fettle Tone LLP.
How can I trade cryptocurrencies in India (12-11-2024)
All crypto exchanges in India are required to be registered with the FIU (Financial Intelligence Unit- India). You’ll be required to do the KYC (Know Your Customer) by the an Aadhar Card and PAN card to the platform.
Bitcoin zooms past $84,000, likely to make higher highs (12-11-2024)
Bitcoin prices have soared by around 127% in the past year from $36,000 levels. Dow Jones industrial Average index of the US and India’s benchmark Nifty 50 have gone up 30.3% and 11.11%, respectively, during this period. The virtual currency was at $69,373.7 on the day of voting in the US, also the day before Trump claimed victory. It has surged about $14,600 since then.