Market Bizzz

With peace talks between Russia and Ukraine set to take place in Turkey this week, Ukrainian President Volodymyr Zelenskiy insisted on the territorial integrity of his country after earlier suggesting he was ready for a compromise.

The weekly RSI is 50.85. It stays neutral and does not show any divergence against the price. The weekly MACD is bearish and stays below the signal line.

For the next week, I am not really sure of ITC and some chemical companies that treaded water over the last couple of weeks or so, said Lokapriya.

Over the last couple of days, I was sensing some weakness which was coming back into the banking index, said Bothra.

Further, Sebi noted that the changes would also help conclude the offers in a more efficient and time-bound manner and to synchronise the timelines of similar activities across all the tender offers to the extent possible. Among other changes, the regulator has proposed the period for tendering shares in an open offer to 10 working days from the date of receiving comments from Sebi and would remain open for 5 working days.

Martin J. Pring is the president of Pring Research and Chairman of Pring Turner Capital group, a money management and sub-advisory firm which provides research to individuals and financial institutions around the world.

Money managers scrambled to start funds anyway. The likes of Schroders Plc and Franklin Templeton — along with Goldman Sachs Asset Management — gobbled up billions of dollars from clients looking to profit by combining investments in Brazil, Russia, India and China. That marketing ploy has come crashing down and now faces an existential crisis.