New Delhi: Nifty50 on Tuesday formed an ‘Inverted Hammer’ candle on the daily chart, which at many a time is formed around bottoms, as traders remain sceptical about the initial pullback attempts, said analysts. Analysts added that the level of 15,600-700 remains a strong support for the index going ahead. They see resistance at 16,850 … Read more
NEW DELHI: There was no relief for Nifty50, which fell for the fifth straight session on Thursday. The index formed a bearish candle on the daily scale and continued with its lower high-low formation. Even as the index is in oversold territory, as suggested by the 14-day RSI reading of 27, analysts said the trend … Read more
The deals are happening at Rs 14,200 – Rs 14,300 apiece valuing HDFC Securities upward of Rs 22,000 crore. Synopsis This is after the private lender firmed up plans for its brokerage house to create its own discount broking architecture to compete with new-age firms like Zerodha. The unlisted shares have doubled in the last … Read more
The bottomline growth may taper given the strong sequential growth in the previous two quarter and rising input costs. Synopsis On a sequential basis, revenue and profit growth in the March 2021 quarter is likely to be 17% and 2% respectively compared with 11.4% and 14.3% in the previous quarter. ET Intelligence Group: The Nifty … Read more
NEW DELHI: Gold and silver futures traded mixed in the morning trade on Friday amid fast rising Covid cases and after another round of stimulus delivered by the Indian government. Finance Minister Nirmala Sitharaman announced sops worth Rs 2.65 lakh crore on Thursday. Meanwhile, top Democrats in US Congress urged renewed negotiations over a multitrillion-dollar … Read more
NEW DELHI: Gold and silver futures were steady in the morning trade on Thursday as investors anticipate heavy buying of the precious metals during Diwali that will push prices up in coming days. Meanwhile, major economies including the European Union continue to work on another stimulus package, lifting prospects of gold, which is a hedge … Read more
NEW DELHI: Gold and silver future rose in morning trade on Monday against the trend in the international market ahead of and due to the uncertainty over the US Presidential election outcome that is scheduled on Nov 3. Meanwhile, investors are keeping their fingers crossed as despite Joe Biden leading in the opinion polls, the … Read more
NEW DELHI: Gold and silver futures gained marginally in morning trade on Friday even as the yellow metal wallowed near one-month low in international markets amid firm US dollar. Meanwhile, President Donald Trump‘s chief economic adviser said on Thursday that any deal on coronavirus relief legislation would have to wait for now. Gold futures on … Read more
NEW DELHI: Gold and silver futures dipped in the opening trade on Thursday tracking trend in international market as dollar spiked on fear of rising Covid-19 cases in Europe and the US. French President Emmanuel Macron and German Chancellor Angela Merkel ordered their countries back into lockdown on Wednesday, as a massive second wave of … Read more
NEW DELHI: Gold and silver prices were trading mixed on Tuesday as improvement in Donald Trump’s health put pressure on bullion but a lingering economic crisis kept the mood upbeat. US President Donald Trump returned to the White House on Monday after a three-night hospital stay where he was being treated for COVID-19. Gold futures … Read more