NEW DELHI: As Nifty ended the 7-day losing streak on Friday, a Bullish Engulfing candle formed on the daily scale, negating its lower highs formation of the last seven trading sessions. On the weekly chart, the index formed a small negative candle with a long lower shadow, which suggests the formation of a bullish hammer-type … Read more
MillerKnoll stock slides after guidance disappoint investors: Q1 Earnings Source link
NEW DELHI: The Nifty50 formed a long bearish candle on the daily charts on Thursday as the index ended with a loss of 40.5 points near the 16,800 mark on the monthly expiry day. Making lower highs and lower lows for the seventh consecutive day, the Nifty has faced resistance from its 200-DMA level. Chart … Read more
After sinking for the sixth straight session, the Nifty50 not only failed to protect the 17,000 mark but also slipped below its 200-DMA to end 149 points lower near the 16,850 mark on Wednesday. The index formed a small bodied bearish candle on the daily scale with a long upper shadow, indicating pressure at higher … Read more
Breadcrumb Trail Links PMN Business Author of the article: Reuters Summer Zhen and Xie Yu Publishing date: Sep 27, 2022 • 35 minutes ago • 3 minute read • Join the conversation Article content HONG KONG — Investors are dialing back risk exposure ahead of China’s Communist Party Congress in October and sticking money in the … Read more
Nifty bulls managed to protect the 200-DMA at 16,992.5 on a closing basis as the headline equity index ended just 9 points lower above the psychologically-important level of 17,000. On the daily charts, a negative candle, placed beside the similar negative candle of the previous session, was formed on Tuesday. Technical analysts say this pattern … Read more
© Reuters. FILE PHOTO: Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration By Tom Westbrook SYDNEY (Reuters) – Sterling steadied on Tuesday, but was perched above its record low only thanks to soaring yields on British debt and the hope of a response from policymakers or politicians, with its … Read more
“Just stay invested and try to go through the volatility phase which I believe one will have to live with over the next few months,” says Vinit Sambre, Head-Equities, DSP Mutual Fund Half the world is worried about recession and half about inflation. Everybody is worried about currency and nobody seems to be talking about … Read more
UK government borrowing costs are on course for their biggest ever monthly rise — and mortgage rates are set to rise as well — following the bond market meltdown triggered by Kwasi Kwarteng’s fiscal policy announcement last week. The 10-year benchmark gilt yield has increased by 1.45 percentage points so far in September to 4.2 … Read more
The Centre may introduce a value threshold for “Benami deals”, beyond which such transactions shall be invalidated and assets involved confiscated. On the other hand, the government is working out means to convince investors in green bonds that the money they put in will not be used for anything else. Read more on these … Read more