The US and Iran have held two rounds of indirect talks in Oman and Switzerland, with little progress. Talks are scheduled to resume on Thursday in Switzerland. The United States is edging closer to a potential military confrontation with Iran after President Donald Trump ordered a large-scale deployment of American military forces to West Asia.…
Nifty on Friday formed lower-high lower low and a bullish candle on the daily chart with long upper wick, suggesting selling at higher levels. Analysts are cautious and see higher volatility next week. They said the index is positioned in a cluster of key short-term moving averages namely 20-, 50- and 100-EMAs in the 25,580–25,680…
LIC MF Technology Fund aims to allocate capital across a wide spectrum of technology-driven sectors, including semiconductor–linked companies, data centre operators, digital commerce platforms, internet businesses, and emerging technology enterprises. LIC Mutual Fund NFO: LIC Mutual Fund has announced the launch of a new fund offer (NFO), LIC MF Technology Fund, to tap the…
Om Mehra, tech analyst at SAMCO Securities highlights that Torrent Pharmaceuticals after a recent consolidation phase, has witnessed a strong breakout above ₹4,200 levels. Equity markets in India have witnessed a roller-coaster ride thus in February, with the Nifty 50 index swinging in a near 1,800-point range. The Nifty thus far has touched a…
The Bank Nifty continued to outperform, ending near the 61,200 mark with a gain of 0.37 percent, added Shah. The equity benchmark indices settled higher for the second straight session on Tuesday amid volatile trade and selective buying on the weekly expiry day. The Nifty opened weak tracking subdued global cues but recovered during…
The inflows follow three consecutive months of heavy selling, with FPIs pulling out ₹35,962 crore in January, ₹22,611 crore in December, and ₹3,765 crore in November, according to data from depositories. Foreign Portfolio Investors (FPIs) staged a sharp turnaround in early February, pumping ₹19,675 crore into Indian equities in the first fortnight, supported by…
The exchange, in a release, said the most recent one crore accounts were added in just two months, signalling accelerating onboarding momentum. Notably, the last five crore accounts — nearly 20 per cent of the total base — have been added in the past 16 months alone. National Stock Exchange of India (NSE)…
The first set of data based on the new consumer price index series with 2024 as the base year showed that inflation firmed up owing to a moderation in negative food inflation and an uptick in core inflation. India’s retail inflation rose for the third successive month in January, data released by the statistics ministry…
The weekly options data indicated that 26,000 is expected to be a crucial resistance zone, which was tested intraday on Wednesday, with immediate support at 25,900. Nifty outlook for February 12 The Nifty 50 maintained its uptrend for the fourth consecutive session despite consolidation and continued forming higher highs and higher lows for three…
BHEL OFS: The government will open the Offer for Sale (OFS) in Bharat Heavy Electricals Limited (BHEL) on Wednesday for non-retail investors, with retail investors allowed to place bids on Thursday. The government has launched an Offer for Sale (OFS) to divest up to a 5% stake in state-run Bharat Heavy Electricals Limited (BHEL).…