RBI, on Thursday, announced that it had imposed 6.5 crore penalty on 3 banks. The central bank commented that the three banks have failed to comply with its regulatory compliance norms on various accounts. The three banks, Bank of India (BOI), Karnataka Bank, and Saraswat Co-operative Bank were fined for failing to comply with NPA …
On Wednesday, 6 October 2021, Nalco (National Aluminium Company Limited) was the only stock to be put under NSE’s F&O (futures and options) ban. The scrip had crossed 95% of the MWPL (market-wide position limit) which forced NSE to place it under a ban. Read on to know more about this company and why its …
Despite the effects of the Omicron variant and high base effect, India Inc., the country’s formal sector, has delivered a healthy quarterly performance for Q3 FY 22. The combined profits of 3191 companies listed on India’s stock exchanges have increased 26.9% YoY (year-on-year) from the same quarter in FY 21. However, earnings growth in Q3 …
What is recession? The U.S. economy has been experiencing a recession for the past few years, but what does that mean? A recession is a period of time when the economy experiences negative growth in terms of Gross Domestic Product (GDP). In other words, there are fewer jobs being created than before and people are …
In Nifty Outlook of 30 June, 2022 expiry, we analyzed Nifty on Monthly, Weekly, Daily & Hourly time- frames. Below was the summary for our analysis: Monthly time-frame It indicates complete bearishness in market, as price has broken the major support zone with big red candle. However, it’s gained some support from 1500 levels. Weekly …
In Nifty Outlook of 07 July, 2022 expiry, we analyzed Nifty on Monthly, Weekly, Daily & Hourly time- frames. Below was the summary for our analysis: Monthly time-frame indicates a bearish hold in the market, however there is support from 15200 levels, 16800 being major resistance. Weekly – Last week candle indicates indecisiveness in market, …
You have definitely come across the concept of Interest Rates in many areas of your financial transactions. Since interest rate refers to the cost of borrowing, you may get worried if the interest rate on your loan goes up or get excited if it drops down – Isn’t it? But have you wondered what factors …
In Nifty Outlook of 23 June, 2022 expiry, we analyzed Nifty on Monthly, Weekly, Daily & Hourly time- frames. Below was the summary for our analysis: Monthly Monthly time-frame indicates complete bearishness in market, as price has broken the major support zone with big red candle. Weekly After testing support zone of 15700-16000, In last …
Let’s start this expiry outlook with analysis of: Monthly, Weekly, Daily, Hourly time-frames. Monthly time-frame Past Analysis Major resistance zone 18000-18300, got rejected several times from this zone. Nifty found support at 15700-16000 zone twice in March & May Month. Nifty falling with Red candle in last 2 months (April & May), but was getting …
LIC IPO caught the attention of the Indian masses and created a buzz across the stock market like never before. Since LIC IPO was announced in the 2021-22 financial budget, talks about disinvestment strategies are around the corner. Apart from liberlaising the insurance sector, LIC IPO is a huge step in the disinvestment for Indian …
