Bulls retained their support to the market for three consecutive days, lifting the benchmark indices by eight-tenths of a percent on December 3, following positive global cues. The market breadth remained in favor of the bulls, with about 1,850 shares advancing compared to 659 declining shares on the NSE. Overall, the market is likely to remain positive as long as it sustains above all key moving ...

During bouts of heightened volatility, experts often advise investment in safer havens like large-caps as against the more volatile small-cap or mid-cap segment and the latest market poll by Moneycontrol corroborates the view.The findings of the Moneycontrol market poll of experts reveal that 76 percent of respondents currently favour large-cap stocks with only 24 percent considering investments i...

Shares of Tata Power gained 1.5 percent to Rs 456 per share on June 13 after its subsidiary Tata Power Renewable Energy (TPREL) deployed over 850 charging points in key metropolitan areas.So far this year, shares of Tata Power have surged over 35 percent, outperforming a 7 percent rise in the benchmark Nifty 50 index. Earlier, Tata Power had hit a 52-week high of Rs 464 per share on May 3, 2024.Ta...

The technical patterns of shares of HCL Technologies suggest a positive bias from a short-term perspective, with a minor rise in open interest in the futures segment, and the OI increasing by 5.50 percent despite a down day on Monday.According to Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox, "technically, the stock has crossed the 200-day moving average (DMA) and 50-DMA, set at 1379 a...

In 2022, the RBI decided to put in place an additional arrangement for invoicing, payment, and settlement of exports/imports in Rupee.Reserve Bank of India Governor Shaktikanta Das has said that there is no such thinking to move towards de-dollarisation and clarified that the efforts of the central bank towards internationalization of the rupee are not aimed at replacing the dollar.“There is no ...