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D-st jitters: Nifty may enter counter-trend consolidation
Fall of over 5% in just 6 days is impulsive; It may retrace at least 38.2% of the current fall, which means the benchmark index may bounce back...
Challenges persist as centre tries hard to bridge trade deficit
The increasing interest rates overseas to curb inflation may dampen exports, while the pent up demand in the domestic market boosts imports, thereby...
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...