 "The Nifty IT and Auto indices face bearish trends, prompting a “sell on rise” strategy amid escalating market pressures.")
The Nifty IT Index is currently showing a bearish trend, with a potential sell-off if it closes below 41,600. Traders should consider adopting a “sell on rise” strategy to navigate the expected downward pressure, with key support levels at 40,750, 38,925, and 37,500. Meanwhile, the Nifty Auto Index appears overbought and may face a correction ...
 "BSNL defied industry trends, gaining 2.9 million subscribers in July amid rivals’ tariff hikes, marking a dramatic turnaround.")
In July, state-owned telecom company BSNL experienced a significant turnaround, adding 2.9 million subscribers after private rivals increased their tariffs. This surge came after BSNL had lost 0.74 million users in June. Major players like Reliance Jio, Bharti Airtel, and Vodafone Idea raised their prices just days earlier, resulting in subscriber losses for all three. ...
The Delhi High Court has granted bail to businessmen Amit Arora and Amandeep Singh Dhall, marking the release of all accused in a money laundering case tied to the controversial Delhi Excise Policy 2021-22. The Central Bureau of Investigation and the Enforcement Directorate are investigating this case, which has seen several high-profile figures, including AAP ...
 "Stock markets face uncertainty as investors react to global trends and await crucial economic data, with oil prices hovering low.")
On Wednesday, September 11, 2024, India’s stock Market is set to open cautiously, following global trends. The Sensex and Nifty indices are expected to show mixed results, with GIFT Nifty futures down 5 points at 25,092. Investors are closely watching oil prices, which are nearing three-year lows, and the recent OPEC cuts in crude demand ...
 "Kitex Garments and Tribhovandas Bhimji Zaveri stocks soar, driven by booming profits and market demand, defying broader market trends.")
Shares of Kitex Garments and Tribhovandas Bhimji Zaveri have reached multi-year highs despite a generally weak Market. Kitex Garments saw its stock surge by 17 percent, hitting Rs 488.80, as strong demand and a significant profit increase boosted investor confidence. The company reported a more than doubling of net profit in the last quarter and ...
 "RBI Governor Shaktikanta Das reassures India’s growth amid slowing GDP, emphasizing inflation control and optimistic consumption and investment trends.")
Shaktikanta Das, Governor of the Reserve Bank of India, affirmed that India’s economic growth story remains strong despite a slowdown in GDP during the first quarter. He highlighted that consumption and investment are both increasing. Das emphasized the need for new members in the Monetary Policy Committee to ensure timely meetings. He noted optimism in ...
Welcome to the latest insights from On-Chain Data on TradingView News. Stay ahead of the game with up-to-date analysis and trends based on real-time data from blockchain transactions. Discover key indicators and signals to inform your trading decisions and enhance your overall Market strategy. Don’t miss out on this essential resource for staying informed in ...
Pepe is on the brink of a breakout as a bullish pattern emerges. Investors are keeping a close eye on this trending cryptocurrency as it shows signs of potential growth. Stay tuned for updates on Pepe’s imminent rise in the Market. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to ...
As the cryptocurrency Market gears up for the next bull run, three promising trends are emerging that could signal significant growth. From the rise of decentralized finance (DeFi) platforms to increased institutional adoption, investors are closely watching these developments. Stay tuned as we explore these trends and what they could mean for the future of ...
Investors are closely watching the Nasdaq, S&P 500, and Russell 2000 indexes today as they look to break free from bearish patterns known as bear flags. These indexes are attempting to regain ground after recent losses, with hopes of upward momentum in the Market. Stay tuned for updates on how these key indicators are performing. ...
