“Bank Nifty is still showing a little underperformance compared to Nifty. But overall, from a near-term perspective, the trend is likely to be on the bullish side.”
Coinbase shares near two-year high as ETF euphoria boosts trading volume
The stock rallied 14% to $189.28 and added more than $5 billion to the company’s market value. Trading fees for Coinbase improved as investor interest in popular crypto tokens such as bitcoin rose since the second half of 2023 in anticipation of an approval for spot bitcoin ETFs.
Novartis puts its India-listed entity for up for sale
The strategic review will include an assessment of the 70.68% shareholding of Novartis AG in Novartis India. Novartis said there is no assurance that the strategic review of Novartis India will be completed in 2024, or that the outcome would result in the implementation of any transaction.
Fairfax refutes charges that Digit was falsely shown to be profitable in 2021
Toronto-listed Fairfax’s shares have recouped all losses after a short seller report on 8 February alleged asset value manipulation by the company
Taking Stock: Market rally extends on 4th day; Nifty above 22,000, Sensex up 376 points
For the week, BSE Sensex and Nifty50 indices gained 1 percent eachSensex gains led by auto, realty stocks; Nifty may hit new all-time high if global markets keep steady
Though analysts expect rally to extend further in the absence of any major triggers overseas, they caution investors against overstretched valuationsMid-day Mood | Nifty, Sensex inch higher on buying in auto stocks, focus on fundamentals
Nifty is now close to its all-time high, we expect it to surpass this level and touch new highs, said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial ServicesOil prices roughly flat as unclear demand scenario weighed
Oil prices meandered on Friday as investors pondered slowing demand forecast by an influential group and weak U.S. retail sales data that sparked optimism about U.S. interest rate cuts.
Nikkei charges toward all-time high, dollar under pressure
Nikkei surged 1.4% to 38,678 points, just within a whisker of the all-time high of 38,957 points hit in 1989 that marked the peak of Japan’s so called “bubble economy.”
Nikkei jumps to fresh 34-year high, closes in on all-time peak
Japan’s benchmark Nikkei got off to a roaring start on Friday, opening the morning session at its highest since Japan’s economic bubble burst in the late 1980s.