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阿拉爱上海

Sensex extends up-move, ends at 59462, Nifty just shy of 17700; check support, resistance for next week

Domestic benchmark indices continued to soar higher on Friday, ending the week with gains. S&P BSE Sensex added 130 points or 0.22% to settle at 59,462 while the NSE Nifty 50 index was just shy of 17,700 on closing bell after gaining 39 points or 0.22%. Bank Nifty index was also in the firm control …

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Rupee may remain sideways amid strong USD, dismal macroeconomic data; FII inflows; USDINR to trade flat

The Indian Rupee is likely to trade sideways on Thursday amid strong US dollar, dismal macroeconomic data, risk-on sentiments and foreign fund inflows. USDINR pair is likely to consolidate in the range of 79.35 to 79 ahead of the RBI Monetary Policy Committee meeting on Friday, according to forex analysts. In the previous session, rupee …

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Nifty sits in crucial resistance zone, will bulls continue to rally? 5 things to know before opening bell

Dalal Street benchmarks continued to move higher on Tuesday as bulls dominate Dalal Street momentum. S&P BSE Sensex added 379 points or 0.64% to settle at 59,842 points while the NSE Nifty 50 index soared 127 points or 0.72% to close at 17,825. India VIX the volatility gauge also closed with gains along with the …

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Balaji Speciality Chemicals files IPO papers with SEBI, plans to raise Rs 250 crore via fresh issue

Balaji Amines subsidiary Balaji Speciality Chemicals has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The public issue consists of a fresh issue of equity shares worth up to Rs 250 crore and an offer-for-sale (OFS) …

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After March rout and April recovery in share market, why FPIs turned net buyers in May first week | INTERVIEW

Indian share markets have recovered over 22 per cent from March lows. BSE Sensex hit a 52 week low of 25,639 in the third month of the calendar year 2020. However, it is still 26 per cent off from its record high level touched in January. Sanjiv Bhasin, Director at IIFL Securities Ltd, advises investors …

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RIL AGM 2022: Retail & Jio IPOs, new energy, 5G telecom plans, dividend; what to expect from Mukesh Ambani

Mukesh Ambani-led Reliance Industries Ltd (RIL) will hold its 45th Annual General Meeting (AGM) virtually, on 29 August, 2022. The oil-to-telecom conglomerate informed stock exchanges that the meeting will take place at 2 PM through video conferencing. The company in a BSE filing also noted that it will send its annual report FY22, notice of …

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Wall Street stocks decline, S&P 500 finishes lower after wiping out 1% rally; treasuries climb

US Stocks failed to hold onto gains, with a gloomy forecast from Nvidia Corp. weighing on technology shares and traders awaiting inflation data for clues on the pace of Federal Reserve rate hikes. The S&P 500 erased a rally that reached 1% earlier in the day, while the Nasdaq 100 underperformed after an advance that …

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CarTrade Tech shares recover as pre-IPO period ends

Shares of CarTrade Tech remained steady on Monday after coming under pressure in early trade as the one-year lock-in period for its pre-IPO holding ended. The lock-in period is applicable to companies that do not have promoters and for those who bought shares before the IPO. About 2.6 crore shares were with pre-IPO investors as …

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