Reseñas

Nilekani said incidents like the “fall of cryptocurrency exchange FTX in the United States” have shown that private cryptocurrencies aren’t a big threat.

The largest token sank as much as 6% before paring some of the slide to trade 4.4% lower at $22,380 as of 8:30 a.m. Friday in London. Smaller coins such as Ether, Avalanche and the meme token Dogecoin also suffered declines.

The CEO of India’s fifth-largest software services firm was addressing analysts during a meet in the city on Friday.

​Coming towards the Bank Nifty, it was the Bank Nifty who has given support to the Nifty as such because we have seen a very good amount of a positive momentum to the Bank Nifty on today’s intraday basis.

In the NSE list of stocks, five stocks with a market cap of over Rs 10,000 crore have been witnessing Death Crossovers, according to stockedge.com’s technical scan data.

India VIX moved down by 0.23% from 13 to 12.97 levels in the previous trading session. Volatility needs to cool down below 12-13 zones for market stability.

The cumulative trade deficit during April-January remained higher than its year-ago level, which may further weaken the rupee. Foreign portfolio investment outflows rose to a 7-month high in January as China reopened.

Geopolitical tensions can certainly have an impact on all asset classes. When there is uncertainty and risk in the global geopolitical landscape, investors may become more risk-averse and seek safe-haven assets like gold.

Recent global macro data, mainly the resilient US economy and slightly higher-than-expected inflation, indicates that the US Fed is likely to continue raising rates till the middle of 2023. However, once we see the last Fed rate hike, the dollar is expected to weaken.

Short-term rates, which have been edging higher since the Reserve Bank of India started raising rates last year, have already hit their highest level in over four years because the liquidity deficit in the banking system is seen widening and the government has stepped up borrowing via treasury bills at Continue Reading