Nifty & Bank Nifty Rebound: Time to Re-enter the Market?

Yesterday’s Pick: FINNIFTY 14MAY24 21100 CE Rs 10000 ( Per 5 Lot ) Nifty Technical View: Based on the Bullish Hammer candlestick pattern seen on the daily charts, indicating a potential reversal from a downtrend, along with a strong intraday trend reversal in the last session, it suggests that the

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Will non farm pay roll data support gold and silver prices?

Average Hourly Earnings m/m at 6:00 PM Measures: Change in the price businesses pay for labor, excluding the farming industry. Released monthly, usually on the first Friday after the month ends.Next Release Date Oct 07, 2022 This is the earliest data related to labor inflation. Source changed series calculation formula

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Economic indicators: Powell Testifies at 7:30 PM

Below are the various economic indicators. Out of so many, FED Chair Powell Testifies at 7:30 PM comes with significant importance. EUR: German Flash Manufacturing PMI at 1:00 PM Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry Released monthly, around 3 weeks into

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SBI Q1 Results: Profit upsurges 55% and bests the estimates

India’s largest loaning bank (SBI) has reported its quarterly results with a hike of nearly 55% in net profit and stood at Rs.6,504 crore YOY. In the previous year’s quarter, the profit was Rs.4,189.34 crore which over the year rises and beats the estimates. Thus, SBI Q1 results impacted the

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Indigo Q1 Results: Net loss upsurges and beat the estimates

Interglobe Aviation Limited has posted its results for the June-ended quarter. They reported a net loss of Rs.3174.2 crore for the June-ended quarter which was more than the estimated amount. Furthermore, experts anticipated that a company would report a net loss of Rs.2301.7 crore but the loss widens to Rs.3174.2

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Tata Motors Q1 Result: Net loss tapers to Rs.4,451 crore

Tata Motors has testified a net loss of Rs.4,451 crore for June ended quarter, today. Furthermore, the loss chops down from Rs.8,438 crore to Rs.4,451 crore and declared a rise in consolidated revenue by 107.6 percent which stood at Rs. 66,406 crore year on year basis. Consequently, beats the analyst’s

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