Nifty on Friday ended 62 points higher to form a High Wave type of candle on the daily chart. The index recouped losses of its previous week and is now eyeing reclaiming the lifetime high zone. The short-term trend of Nifty is positive and the next upside levels to be watched are around 22,700-22,800 levels … Read more
HYDERABAD: Gold scaled to an all-time high of Rs 65,150 per 10gm on MCX (April contract) on Tuesday, anticipating the US Federal Reserve cutting rates in June.The yellow metal scaled a new peak in the domestic market after it closed at an all-time high over $2,114 per ounce in the international spot market on Monday … Read more
NEW DELHI: Sensex started in green on Wednesday as it climbed around 50 points to 73,108 at BSE in early morning trade. Nifty as well rose by 51.05 to and registered a fresh new high.Earlier, Nifty settled at a new record high on Tuesday, with banking stocks leading the gains, while the Sensex settled just … Read more
The dollar hovered close to the highest level in seven weeks against the euro on Thursday, after Federal Reserve Chair Jerome Powell pushed back on the idea of a first U.S. interest rate cut as soon as March. The yen, however, held on to overnight gains amid a decline in U.S. Treasury yields, as troubles … Read more
MUMBAI: After weeks of strong gains, the sensex saw a round of correction due to profit-taking and selling by speculators. After touching a fresh life-high mark, the sensex crashed 1,610 points from the day’s high and closed 931 points or 1.3% lower at 70,506. On the NSE, Nifty lost 303 points or 1.4% to close … Read more
NEW DELHI: Domestic urban consumption accelerated to a three-month high in September, boosted by moderating price pressures, a pick-up in Southwest monsoon performance along with the onset of the festive season, data showed on Monday.“Urban consumption index rose to a 3-month high of 0.66 in September 2023 from 0.62 in August 2023, though still remaining … Read more