With the momentum in the market remaining bullish, Nifty Bank is now approaching its all-time high and can even zoom past the 47,000-level, says Rupak De of LKP Securities. “The strong presence of Put writers at 46,000 has helped the index to stay in positive territory. The trend is anticipated to stay bullish as long … Read more
Most analysts and experts are predicting the government would go heavy on infrastructure in the upcoming Budget to drive the overall growth of the economy. “We believe the government might prefer to increase spending on infrastructure which could have a multiplier effect on the economy,” Umang Papneja, CEO, Julius Baer India, told ET Markets. Money … Read more
“I believe we will again retest 18,000 support and if it breaks down to that level, then 18,800, 18,700 levels will get open on the Nifty,” says Swati Ananda Hotkar, Nirmal Bang Securities.What is your perspective as far as markets go? What is your perspective as far as Bank Nifty goes?The view is a little … Read more
Prime Minister Narendra Modi carries mortal remains of his mother Hiraben Modi during her funeral procession, in Gandhinagar, on December 30. | Photo Credit: PTI Hiraben Modi, mother of Prime Minister Narendra Modi was cremated in Gandhinagar on Friday. PM Modi reached Gujarat early this morning and performed the last rites. She was 100. Her … Read more
Police have nabbed a man wanted in connection with a murder that led to a communal clash in Madhapur village in Gujarat‘s Kutch district even as heavy police deployment remained in the area to avoid any untoward incident, officials said on Saturday. A group of members from a community attacked and vandalised shops and a … Read more