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Charts indicate caution alert
Investors need to be alert as market closed below previous day’s low; On hourly chart, Wednesday’s negative divergence in RSI got the confirmation...
Export duty hike to soften steel prices
EEPC India Chairman Mahesh Desai said engineering goods manufacturers and exporters would benefit from the move and become more competitive in the...
Nifty forms a long upper shadow Doji
Huge correction ahead: Market completed the Stage-1 correction by declining more than 13%, expect the Category-2 correction of 25% from its lifetime...
ICRA pegs domestic pharma revenue growth at 6-8% in FY2023
Revenues of leading domestic pharma companies are likely to grow by 6-8 per cent in the current fiscal, ratings firm Icra said on Thursday.
Stochastic oscillator showing sell signal in extremely overbought
The domestic market snapped its four-day sharp spike. The NSE Nifty declined by 179.35 points, or one per cent, and settled at 17745.90.
Apollo Tyres plans to hike prices by 3-5% in domestic market
Apollo Tyres is taking a price hike of 3-5 per cent in the domestic market in the third quarter of this fiscal to offset the impact of rising...
Stay cautious till decisive trend emerges
In a nutshell, the market is in a consolidation, and it needs to move out of this zone. As long as supports are protected, be with a positive bias. At...
Nifty forms higher high & higher low
MACD histogram showing a considerable decline in bearish momentum
