A 5-year swing high represents the highest price a stock has reached within a five-year period. This level often acts as a significant resistance zone where the price has historically struggled to move higher.Read More
Alembic Pharmaceuticals will be in focus after securing final USFDA approval for Diltiazem Hydrochloride Tablets, a widely used treatment for high blood pressure and angina. The drug is deemed therapeutically equivalent to Bausch Health’s Cardizem. With this approval, Alembic’s total ANDA count rises to 230. The stock closed at Rs 904.20 on Friday, down 14%...Read More
Gold prices edged higher as investors awaited key U.S. economic data this week, including nonfarm payrolls, for clues on the Federal Reserve’s interest rate path. Traders are now pricing in a lower probability of a rate cut next month, while a firm dollar and subdued physical demand weighed on the precious metal.Read More
Oil prices dipped in early Asian trade, reversing last week’s gains as loadings resumed at Russia’s Novorossiysk port following a Ukrainian attack. Despite the resumption, ongoing Ukrainian strikes on Russian oil infrastructure and Western sanctions continue to be closely watched for potential future disruptions to global supply.Read More
India’s private credit sector is becoming the new darling for wealthy investors and family offices. With stock markets frequently in turmoil, these high-net-worth individuals are turning their gaze toward high-yield opportunities that private credit provides.Read More
Bihar election results highlight the impact of cash transfers on voter turnout and electoral success. While markets anticipate a positive reaction to the NDA’s victory, concerns are rising over the fiscal deficit implications of such populist spending. Brokerages note that increased subsidy spending could push states’ fiscal deficits beyond the 3% GDP ceiling.Read More
President Donald Trump has bought municipal and corporate bonds this fall. These include investments in companies like Netflix, Boeing, and Intel. The US government recently took a stake in Intel. Trump also purchased bonds from cities, school districts, utilities, and hospitals. These transactions were disclosed by the US Office of Government Ethics. Trump reported no...Read More
Nifty is poised for further gains, with analysts eyeing a decisive move above 26,000-26,100 for the next rally leg. Key support is seen at 25,500-25,750. Banking and IT strength are supporting the index, with expectations of retesting previous highs.Read More
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