“The RBNZ has closed the door to further rate hikes, which was a surprise to somewhat hawkish expectations,” said Charu Chanana, head of currency strategy at Saxo.
Sadhav Shipping allotment: Here’s how you can check status
The allotment of Sadhav Shipping’s SME IPO will be finalised today. Investors can check the status on Maashitla Securities website. The company’s shares are trading at a premium. The IPO received a strong response with 135 times subscription.
Taking Stock: Market recovers with Nifty near 22,200, Sensex gains 305 pts
Among sectors, Auto, Capital Goods, Information Technology, Pharma, Realty rose 0.5-1 percent each, while Oil Gas index was down 1 percent.Heavyweights help Sensex snap 2-day fall; analysts see Nifty at 22,700 in coming weeks
Market analysts expect the Nifty to scale new all-time highs in the coming weeks, provided it stays above the 21,990 levelMid-day Mood | Subdued global cues, wait for US inflation data keep Sensex, Nifty lacklustre
Caution persisted in the market ahead of the weekly derivatives expiry and release of the US inflation data, both due on Thursday.At multi-year highs: SBI Life among 3 stocks that witnessed 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Berkshire shares ends in red as US threatens to sue unit over wildfire costs
The investment conglomerate had warned on Saturday that the parent of PacifiCorp and one of Berkshire’s biggest businesses outside insurance, Berkshire Hathaway Energy, was under pressure.
Crude edges higher on supply concerns as shipping disruptions continue
Brent crude futures rose 16 cents, or 0.2%, to $82.69 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures (WTI) climbed 15 cents, or 0.2%, to $77.73 a barrel.
Taking Stock: Sensex down 353 points, Nifty below 22,150; smallcap index outperforms
BSE Midcap index lost 0.4 percent on Monday, while Smallcap index ended on a flat note.Sensex, Nifty fall amid weakness in heavyweight stocks, but analysts see a positive Feb series
Analysts at ICICI Securities forecasted Nifty to head towards 22,700 in the coming weeks as positive bias remains unhindered