The only caution sign is that volumes are gradually decreasing with every new up move which suggests the trend might be weakening, but we must wait for price confirmation which is still not there.
Reseñas
ETMarkets Smart Talk: Stock market performance will be driven by earnings outlook and valuation in 2023: V Srivatsa
The budget has broadly maintained the fiscal consolidation and more importantly focussed on infra spending which has long-term multiplier effect rather than higher allocations to subsidies.
ETMarkets Fund Manager Talk: This Rs 22,000 cr fund manager backs continued allocation to equities despite volatility
While it is a fact that the global economy is slowing down, the Indian economy continues to do reasonably well with drivers like higher investments, consumption and the manufacturing sector gaining as a sourcing base.
Adani Group plans independent probe into Hindenburg allegations
According to industry observers, the decision to undertake an independent assessment augurs well to reassure investors, especially equity investors, who have borne the major brunt in the saga and have witnessed steep wealth erosion.
India ranks first, contributes 24 pc of global milk production: Centre to Lower House
Milk production of India has registered a fifty-one per cent increase during the last eight years- during the year 2014-15 and 2021-22 and increased to twenty-two crore tonne in the year 2021-22.
Job strength shows inflation fight may last quite a bit of time: Powell
USA-FED/ (WRAPUP 4, PIX)WRAPUP 4-Fed’s Powell says job strength shows inflation fight may last ‘quite a bit of time’
Banks’ Adani exposures not large enough to pose a risk: Moody’s
“Banks’ exposures to Adani are not large enough to affect their credit quality materially. We estimate that their exposures to Adani are not more than 1% of their total loans,” Moody’s said in a report, which estimated that the exposures of public sector banks are larger than for private sector Continue Reading
Sebi unveils mechanism to curb market abuse
In a consultation paper, Sebi has proposed a regulatory framework which will require broking firms as well as their senior management to be accountable for detection and prevention of fraud or market abuse, by setting up robust surveillance and control systems.
Rising FPI bearish bets hint at volatility ahead
Foreign funds’ bearish bets on index futures, including Nifty contracts, have increased to 85% of their overall positions in the derivatives segment – the highest level since September 2022. Half these punts have been added in the past two weeks – around the time the Hindenburg Research’s adverse report on Continue Reading
LIC investments carried out in line with rules: Govt
Last week, state-owned LIC said it has ₹35,917.31 crore investment in Adani Group’s debt and equity securities. The amount is 0.975% of the insurer’s total assets under management of more than ₹41.66 lakh crore.