The U.S. dollar eased back on Tuesday from a one-week top against a basket of major peers, as traders weighed what kind of message Federal Reserve officials will deliver at Wednesday’s monetary policy meeting. The risk-sensitive Australian and New Zealand dollars rose from one-week lows amid a broad lift in market sentiment, even as a … Read more
Asian shares rose and bond yields firmed in early trade on Tuesday despite mild losses from Wall Street overnight as investors turned their focus to the Federal Reserve’s policy meeting this week for hints on what comes next. The central bank is all but certain to raise interest rates by 75 basis points on Wednesday, … Read more
Technical analysts expect the Nifty to face resistance around 17,550 and the index may see a correction towards 17,150 if it fails to sustain above 17,490 levels. However, they said upward momentum would continue in pharma, IT, and FMCG stocks. ASHISH CHATURMOHTA HEAD OF RESEARCH-ADVISORY, SERVICES Where is Nifty headed? Nifty has seen a rally … Read more
New Delhi, June 23, 2022- The importance of Artificial Intelligence (AI) has accelerated manifolds over the last decade. Businesses are beginning to see its potential in transforming sectors and societies in ways previously unimagined. Tracking India’s sectoral progress on AI adoption, the National Association of Software and Services Companies (NASSCOM), along with EY and with … Read more
Mumbai: The level of 16,050 is a lifeline level for the Nifty and if the index successfully clears a stress test of this crucial zone, a restoration of the bull market would not be that difficult, said Elara Securities. The Nifty on Wednesday ended down 60.10 points or 0.4% at 16,356.25. Despite the recovery from … Read more
The Nifty could be headed to 16,800 levels after surpassing a key hurdle of 16,400 last week, said technical and derivatives analysts. The Index gained 1.5% last week to end at 16,584.30. This week, all eyes will be on the RBI monetary policy and US inflation data. Analysts said the Nifty could go as far … Read more
Some in the market believe that re-election of Donald Trump as US President would mean continuity in policies and he is considered to be more market-friendly. Synopsis Derivative analysts said the bullish bias is intact as the index has gained 8 per cent in the October series but some positions were liquidated ahead of expiry … Read more
The Global Hunger Index 2020 report released on Friday has ranked India at 94 among 107 countries. India was ranked 102 out of 117 countries in the Global Hunger Index 2019 that was published jointly by Concern Worldwide and Welthungerhilfe. In 2018, India had ranked 103 among 119 countries on the Global Hunger Index. The … Read more