The Nifty has broken the 13-hour range with an impulsive move. It retraced and closed above 23.6 of the recent fall. It faced resistance at 8EMA and tested 15700 level, and with an intraday profit booking, it closed at just below the 8EMA. The RS

The big question in the market today is whether the US would actually slip into recession and when? Latest estimates by Nomura suggest that the US economy could fall into a mild recession by the end of 2022, by which time the Fed is expected to have

Why are bond yields falling in the last few days. Normally, you would expect that a hawkish stance by the RBI and the Fed would boost the bond yields higher. India has one more reason. Fiscal deficit is gradually running ahead of itself and that mean

This remains one of the fascinating stories of how China turned the US sanctions on its head. Even as the US tried to squeeze China with sanctions, over quality and plagiarism concerns, the actual impact has been something totally different. The net

After a 4 year battle trying to revive the operations at the Copper plant in Thoothukudi in Tamil Nadu, it looks like Anil Agarwal had decided to throw in the towel. Vedanta has put on sale its Sterlite copper smelting plant at Thoothukudi in Tamil N

Deepak Nitrate has both strong business and great financials. Deepak Nitrate has been one of the best performing chemical stocks during the last 2 years with price appreciation from Rs 500 two years back to today's level of Rs 1778, delivering a 2

Indian asset management companies (the companies that run the mutual funds) had been always allowed to invest abroad subject to a limit. For instance, the limit was $7 billion which was breached in the early part of the current year. Once the limit i

Nifty Energy has soared 2.76 on Tuesday’s trading session. Nifty Energy was undergoing a strong downtrend in recent past and has plummeted about 20 from its lifetime high of 29304.05. After enjoying a stellar rally in the month of March and Ap

Nifty 50 snapped the seven-day losing streak witnessing a gap up opening. In this article, we have listed top stocks with quarterly returns over 10 accompanied by rising net profit growth. After showcasing weakness for seven consecutive sessions,

Every story has an obvious plot and a sub-plot that is not too obvious. The same is the story with WPI inflation also. When the wholesale inflation for the month of May 2022 touched a multi-year high of 15.88, it raise hackles about the rampant rise

The flow of bank credit to various industries is seen as a barometer of business activity in the country. Indeed, the sectoral bank credit picture paints a picture of pick-up in demand that had been hit badly by the lockdowns in the various phases of

Domestic equity markets Sensex and Nifty 50 after a positive opening on Tuesday traded higher with gains seen across financial, oil & gas and IT shares pulling the indices higher. Indian equity market extended its gains for the second straight