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Nifty50 on Tuesday tested its immediate support range at 13,450-470, before recovering and closing in the black. With this, the index formed an indecisive Doji candle on the daily chart for the fourth consecutive day.
For a 90% haircut, try India’s bankruptcy salonAccording to an analysis by REDD Intelligence, of the 4,300-plus stressed debtors that have been taken through the 2016 corporate insolvency law, 48% were liquidated, half of them under 314 days. Of the 13% that got sold to b… Read MoreInvestment banking fees dip 10% to $438m in H1 despite jump in M&As, IPOsOverall, SBI Caps has taken the top spot in the investment banking fee league tables with 9.5 per cent wallet share and USD 41.6 million in fees, according to Refinitiv, an LSG group entity, on Monday.
from Stocks-Markets-Ec… Read MoreFPI outflows gather pace as rising dollar, oil add to worriesForeign Portfolio Investors have been sellers in nine out of the 11 previous trading sessions since June 16 after the US dollar index firmed , when the US Fed signalled a rate hike could happen as early as 2023.. Their net ou… Read MoreTrade Setup: Nifty50 faces resistance at 15,850-15,935 levelsThe headline index finally ended the day with a net gain of 112.15 points (0.71 per cent).
from Stocks-Markets-Economic Times https://ift.tt/3qPsfDr
… Read MoreNifty’s immediate support at 15,660, could face resistance at 15,850According to analysts, the low India VIX reading indicates stability in the market. However, if the 15,600 level is breached then the index could fall to 15,300 levels. Nifty fell 0.9% last week to 15,722.20 levels and underp… Read More
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