In the last trading session, the Indian equity market traded 1 percent down amid growing global inflation. Furthermore, a hike in inflation with weak GDP data fuels the fears of rising interest rates by the central bank in the upcoming meet. Nifty It stocks are entering into the bullish zone
The dollar index upsurges and it is at its 20-year high. Precisely, the dollar opened high on Monday morning and is currently trading around 107.425. Inflation is hitting the consumer price index which is deteriorating the economy. An upcoming figure for the consumer price index will be released on Wednesday.
On Wednesday, Jerome Powell (FED Chair) speaks about the hike in interest rates to curb red hot inflation. Furthermore, to curtail the inflation rate, officials showed concern about the hike in interest rates by 0.50 or 0.75 BPS. High inflation may lead the US economy into recession. Powell states that
In the year 1983, Havells India incorporated and has now become a leading manufacturer in the field of home, kitchen, and electrical appliances and goods. If we converse about the company’s major stream, then below are the two segments that contribute the most. They are as follows: Domestic Cables: Havells
Slowly and gradually, the SGX Nifty is moving in the south direction and is likely to test its downside trendline support. Asian markets are in fear because of the expectation of interest rate hikes in the US. Ongoing high inflation in the US as it recently tops 8.6% in the
Sell in May and go away- Important Phrase. May month could be a disaster for the Indian stock market; Don’t forget the important phrase. Nifty and Bank Nifty On the monthly chart, a Nifty future formed a hanging pattern which is a sign of bearishness. A deep consolidation from the
At the close, Nifty concluded lower with 220.60 points or 1.27% and marked at 17,172. For the last two weeks, the market was range-bound thereby trading with a negative bias for traders or investors. Today Bank Nifty opened at 36514.15 and made a high around 36578.95 but was unable to
Volatility at its peak: Nifty50 burnt out and ends below 17000. Today, April 19th, 2022 turns out to be the highest volatile trading session for the stock market. No wonder, Nifty50 started the session on a positive note but was unable to sustain the levels. Therefore, towards the end of
If we converse about yesterday’s session then the indices concluded on a flat note on the expiry day of futures and options. After the bell, Nifty50 grew with 2.20 points and settled at 16636.90. Furthermore, Sensex concluded with 4.89 points up and settled at 55,949.10. Worldwide, Investors are waiting for
If we debate about yesterday, Nifty concluded on a flattish note thereby hitting fresh highs in intraday trade. Precisely, Nifty settled at 16634.70 and was up by 10.10 points. Furthermore, Sensex also made a fresh record of smashing higher levels. However, stabled down by 14.77 points and ended at 55944.21.
