By Subash Gangadharan After consolidating between the 8960-9180 levels for the last few sessions, the Nifty has now convincingly broken out of this range. In the process, the Nifty index now trades firmly above the 50-day SMA and the 14-day RSI too is in rising mode and above its 9-day EMA. The 60-minute Nifty chart too indicates …
WhatsApp to let users chat with unknown contacts on desktop with new feature update
In a step to enhance user convenience and privacy in messaging, WhatsApp has introduced a significant feature in its latest beta version for Windows, allowing users to initiate conversations with unknown contacts without adding their phone numbers to their address book. According to WaBetaInfo, the chat app is testing this feature with select beta users …
Sensex, Nifty show strength amid volatility; 3 investment themes that look attractive right now
Indian stock market has climbed up nearly 45 per cent from its March lows, amid high volatility. Analysts believe that the main driver for the markets is the global liquidity and fiscal stimulus. Investors who are wanting to invest in the markets in the current scenario should consider asset allocation first, says Mihir Vora, Director …
Rupee vs US Dollar outlook: Fundamentals, technical charts signal more fall in INR in near-medium term
By Amit Pabari After a non-event kind of July futures expiry, the USDINR pair was seen catching a roller coaster ride. The weaker dollar, probable 5G spectrum inflows, and RBI’s selling side intervention resulted in a breakout of crucial support of 79.70 and 79.50 in Indian Rupee. The bearish momentum was seen extending up to …
Sensex, Nifty advance rally to 6th consecutive session, consolidation likely now; Check support, resistance
Dalal Street headline indices witnessed a volatile trading session where bulls and bears engaged in a tug-of-war for most of the day only to see bulls emerge victorious at the closing bell. S&P BSE Sensex added 214 points or 0.37% to settle at 58,350 while the NSE Nifty 50 index gained 42 points to end …
PM Modi inaugurates rail projects enhancing connectivity in Maharashtra – Project details inside
Prime Minister Narendra Modi dedicated two rail projects during his visit to Maharashtra today. Both the projects will improve the connectivity in the region and boost the local economy. These projects are – (a) Electrification of Kurduwadi-Latur Road railway section and (b) 3rd and 4th railway line connecting Jalgaon to Bhusaval. A look at detailed …
Subex share price hits 20% upper circuit on Reliance Jio Platforms partnership; should you buy, sell, hold?
Subex share price hit 20 per cent upper circuit at Rs 33.30 apiece on BSE on Wednesday, after the company announced that Reliance Jio Platforms has partnered with Subex HyperSense AI to augment its 5G product line. The stock has plunged 45 per cent from its 52-week high of 62.50 touched last year. In the …
5 Chinese state-owned companies to delist from NYSE amid US tensions
Five Chinese state-owned companies, including oil giant Sinopec and China Life Insurance, said on Friday they would delist from the New York Stock Exchange, amid economic and diplomatic tensions with the United States. The companies, which also include Aluminium Corporation of China (Chalco), PetroChina and a separate Sinopec entity, Sinopec Shanghai Petrochemical Co, each said …
AP to declare pre-independence government schools as ‘Heritage Schools’ with special infrastructure focus
All government schools in the state that were established before Independence have to be declared as ‘Heritage Schools,’ Pema Khandu, chief minister, Arunachal Pradesh, announced on Wednesday. These schools will receive special attention for infrastructure development, including the addition of a museum within their premises. The decision was prompted by a request from the organisers …
Zomato share price rallies 13%, tops Rs 50 as Q1 net loss halves; should you buy, sell or hold?
Zomato share price soared more than 13 per cent to Rs 52.60 apiece on BSE on Tuesday, after the company’s net loss halved in Apr-Jun quarter of the fiscal. The food tech player posted a consolidated loss at Rs 186 crore for the quarter ended 30 June 2022, as compared to a loss of Rs …