Odisha has achieved a remarkable climb in the Union Ministry of Education’s Performance Grading Index 2.0 (PGI2.0) for 202324, securing the fifth position nationally. The state improved from 14th place in 2019 to fifth, registering a score of 595.6 out of 1,000, and earning the Prachesta3 grade. In a post on X, former Chief Minister … Read more
Capital markets regulator Sebi has introduced a comprehensive set of reforms to strengthen risk monitoring and make the equity derivatives market safer and more transparent for investors. This comes amid rising retail participation, surging expiry-day volumes, and the growing complexity of index options. “Derivatives market enables efficient price discovery, improves market liquidity and permits investors … Read more
Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week, and global trends would also guide movement in the market, they said. Equity markets will … Read more
In the Nifty 500 index, 427 stocks are trading below their 200-DMA (day moving average), while 68 are above it. The 200-DMA is an indicator that shows the long-term trend of a stock or an index. When a stock or an index is below the 200 DMA, it’s in a long-term downtrend. Agencies Source link
Gold prices rose Rs 350 to trade near a record high at Rs 89,100 per 10 grams in the national capital on Monday amid firm global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 88,750 per 10 grams on Friday. Gold of 99.5 … Read more
Singapore announced on Friday a set of measures to rejuvenate its equities market, including a 20% tax rebate for primary listings and a S$5 billion ($3.74 billion) program that focuses on investing in domestic stocks. The statement offers more details on measures Singapore’s equities market review group announced on February 13 to revive its stock … Read more
The exodus of FPIs from the Indian equity markets continues as they pulled out Rs 21,272 crore in the first two weeks of this month, driven by global tensions after the US imposed tariffs on imports. This came following a net outflow of Rs 78,027 crore in January. With these, the total outflow by FPIs … Read more
Indian benchmark indices ended Monday on a positive note aided by banks and financial services stocks. Individually, Kotak Mahindra Bank, HDFC Bank and Bajaj Finance did the heavy lifting. While the S&P BSE Sensex settled at 77,073.44, up by 454.11 points or 0.59%, the broader Nifty closed at 23,344.75, higher by 141.55 points or 0.61%. … Read more
A reasonable negative candle was formed on the Nifty daily chart, with a gap down opening and with a long upper shadow. Technically, this pattern indicates a decisive downside breakout of a symmetrical triangle pattern with lack of strength to bounce back. The immediate support of 23,260 has been violated on the downside and the … Read more
Gold prices slipped below Rs 79,000 per 10 grams in the national capital on Tuesday due to poor offtake by stockists and retailers, according to the local marketmen. Gold declined during the last trading session of the year as participants were cautious, traders said. The precious metal of 99.9 per cent purity declined Rs 550 … Read more