Broader markets continued to see selling as key indices fell over a percent.Taking Stock: Sensex, Nifty see profit booking; IT stocks among top drags
Broader markets continued to see selling as key indices fell over a percent.
Broader markets continued to see selling as key indices fell over a percent.Markets fall after Nifty hits new all-time high, Sensex down 434 points; pre-election rally eyed
Analysts expect Nifty to claim 22,700 in coming weeks as seasonal correction in an election year reaches an end.Mid-day Mood | Nifty, Sensex trade flat as IT, Media stocks drag; focus on FOMC minutes
The resilient domestic buying is providing the main support to the rally in the market, and the strong performance of the economy and improving corporate earnings are also a solid fundamental support to the markets, according to analysts.China restricts quant fund Lingjun in effort to boost market
One of China’s biggest quant funds, Lingjun manages more than 60 billion yuan, the company says on its website.
Crypto firm Circle to end support for USDC stablecoin on Tron blockchain
Boston-based Circle said in a blog that, effective immediately, it would no longer mint USDC tokens on Tron, a fast-growing platform widely used for transferring stablecoins whose founder is facing regulatory problems in the United States.
Japan’s Mizuho aims to remain a top 10 global investment bank
Mizuho ranked 10th in LSEG’s investment banking league table last year, benefiting from a lead underwriting role in chip designer Arm’s initial public offering and the purchase of U.S. mergers-and-acquisitions (M&A) advisory Greenhill.
Taking Stock: Nifty hits fresh record highs led by banks, finance stocks
Broader markets, however, saw some profit-booking as Nifty Midcap 100 and Nifty Smallcap 100 indices slipped up to 0.6 percent.Here#39;s what drove Nifty to hit an all-time high of 22,215 level; what#39;s next?
Strength in banking stocks, rupee, and easing bond yields were some of the major factors behind Nifty#39;s record high move, say analystsMid-day Mood | Nifty, Sensex recoup early losses on gains in heavyweight banks
While the benchmarks inched higher, trend in the broader market remained subdued. Analysts blame the frothy valuations in the small and mid-cap space after their recent bull run as the reason behind profit booking by investors.Positive Breakout: Tata Elxsi and 6 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.