TMC, Cong leaders join BJP in Assam
November 11th, 2023 17:27
BJP Assam unit president Bhabesh Kalita, Education Minister Ranoj Pegu, several MLAs and top leaders were present at the joining ceremony.
FIIs withdraw Rs 40,000 crore in 9-week-long non-stop selling. U-turn ahead
November 11th, 2023 16:27
Historically, it has been observed that whenever FIIs have net withdrawn for 5 or more consecutive weeks, the Indian markets tend to fall. Since 2000, there have been 12 instances where FIIs have pulled out money for 5 or more successive weeks. Of these, the Nifty50 index has fallen 9 times, with an average loss of 9.23%.
Will gold continue to glitter until the next Dhanteras?
November 11th, 2023 16:27
Central banks are hoarding gold at every dip. Last year, the central bank piled more than 1000 tonnes of gold. This year, the number is close to 800 tonnes in the first nine months, up 14 per cent year-on-year, according to a report by the World Gold Council, an industry group. With the US election around the corner in 2024 and the geopolitical situation worldwide, the sky-high interest will not be sustained for a long period. The Fed will eventually start cutting the rates, supporting gold prices.
Put writers likely to safeguard 19,400 on Diwali Muhurat trading day: Rupak De
November 11th, 2023 14:27
Bank Nifty discovered support at the 21-day Moving Average (DMA) before surging towards the day's peak. The prevailing trend indicates a potential movement of the index towards 44000/44200. At the lower end, 43500 is expected to serve as robust support. A breach below 43500 could potentially lead the index towards the range of 43000-42800.
Diwali Dhamaka: 5 market wizards on how to invest in Samvat 2080
November 11th, 2023 13:27
India remains in a sweet spot going into the new Samvat 2080 with a strong balance sheet of corporate India and improving health of the domestic banking sector. ETMarkets brings views of five market wizards viz. Raamdeo Agrawal, Sanjiv Bhasin, Madhu Kela, Prashant Jain and Christopher Wood, who piece together the likely triggers that may impact stock markets, individual sectors and stocks through the new year.
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