The dollar index fell 0.4% to 102.0 after hitting 103.10 following the stronger-than-expected jobs report. That was the highest since mid-December. On the week however, the dollar gained 0.6%, on pace for its best weekly rise since early December.
Sebi bans naked short selling in securities market
Institutional investors wouldn’t be allowed to do day trading, where in they square- off their transactions intra-day, Sebi said. The regulator said securities traded in the futures and options segment would be eligible for short selling. The list of eligible stocks would be revised from time to time.
IIFCL planning to go public by FY25, says MD
As of now, IIFCL is 100% owned by the government. Jaishankar said that he expects the FY24 profit to cross Rs 1,500 crore.
Nifty, Sensex end the week flat ahead of Q3 results and amid Res Sea worries
The Nifty is expected to trade in the 21,500–21,850 range over the next few sessions. Analysts expect consolidation over the next few sessionsNifty, Sensex end the week flat ahead of Q3 results and amid Red Sea worries
The Nifty is expected to trade in the 21,500–21,850 range over the next few sessions. Analysts expect consolidation over the next few sessionsTaking Stock: Market gains for the second day, IT stocks on the up
Market breadth favoured gainers. About 2,225 shares advanced, 1,609 declined and 102 remained unchanged.At multi-year highs: Bharti Airtel among 6 stocks that saw 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Positive Breakout: Bata India and 4 other stocks cross above their 200 DMA
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Gold heads for first weekly fall in four as rate-cut hopes fade
Gold prices were on track for their first weekly fall in four on Friday, as waning expectations of an early interest rate cut in the U.S. boosted the dollar, while investors focussed on a key employment report due later in the day for more rate clues.
Taking Stock: Market bounces back; Sensex up 491 pts, Nifty at 21,650
Bajaj Finance, NTPC, ONGC, Tata Consumer and IndusInd Bank are among the top gainers on the Nifty, while losers included BPCL, LTIMindtree, Dr Reddy#39;s Laboratories, HCL Technologies and Hero MotoCorp