In the Nifty500 pack, seven stocks have been witnessing Death Crossovers, according to stockedge.com’s technical scan data.
Reseñas
ETMarkets Smart Talk: FIIs moving money from India to Hong Kong, China and South Korea: Dr. V K Vijayakumar
FIIs have been selling in India and are moving money to cheaper markets like China, Hong Kong, and South Korea where valuations had turned attractive relative to India.
Oil prices edge higher, pause from six-day losing streak
Oil has also been pressured by signs of further crude inventory builds. U.S. crude oil and fuel inventories rose by 9.9 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday.
India can grow at 8%; the time is right to draw investment, says World Bank President
This is the right time for India to attract investment amid a global diversification of supply chains and manufacturing, he told ET in an interview, calling for a focus on making the country competitive. Malpass is in India to attend a meeting of G20 finance ministers and central bank governors. Continue Reading
Sebi moves court over RTI order to disclose information on NSE
At the crux of the issue is a Right to Information (RTI) application filed by New Delhi-based Subhash Chandra Agarwal with Sebi seeking access to annual inspection documents of the NSE from FY13 to FY20. In 2021, Agarwal also sought information pertaining to the role of Sebi in appointing public Continue Reading
Adani Group shares fall further, market cap slips below Rs 8 lakh cr
The group shed nearly Rs 53,000 crore in market value to Rs 7.55 lakh crore on Wednesday after its stocks dropped between 4% and 11%. The group’s flagship, Adani Enterprises, declined 11% to close at Rs 1,400.85, whereas Adani Ports fell 6.72% to end at `544. Adani Power, Adani Transmission, Continue Reading
Inflation is a worry, but so is over tightening
The real rate is positive and excessive tightening may hurt growth according to majority of external members – Ashima Goyal and Jayanth Varma- of the Reserve Bank’s Monetary Policy Committee who voted for a pause in the policy rate revision.
Fed inclined toward more hikes to curb inflation
The minutes also said “almost all” officials agreed it was appropriate to raise interest rates by 25 basis points at the meeting, while “a few” favored or could have supported a bigger 50 basis-point hike.
Indices slide 1.5% in global selloff
The Sensex slipped below 60,000-mark and the Nifty breached its crucial support of 17,600 led by fall in financials, metals, and energy stocks. Investors are awaiting the minutes of the US central bank’s latest policy meeting due tonight for insights on the Fed’s interest rate outlook
Carlyle Aviation to convert lease rental dues to equity in SpiceJet
People aware of the development said Carlyle will take an equity stake of around 5% in the company. SpiceJet will also issue Convertible Debentures in its newly- formed logistics arm SpiceXpress, which Carlyle can convert to equity at a future date. As part of this exercise, SpiceJet has valued its Continue Reading