Indian stock markets experienced a sharp crash on Thursday morning. The Sensex plunged over 1,900 points and Nifty 50 fell below 23,200. Soaring crude oil prices and hawkish comments from the US Federal Reserve were key factors. This selloff wiped out significant market capitalization. Major companies saw substantial losses. Sectoral indices also opened in the red.Read More
U.S. crude futures rose more than 3% to $99.39 per barrel. Natural gas prices climbed over 5%, while Brent crude touched $111.19 in early trade and extended gains by another 4% this morning to $112 per barrel, moving closer to the initial war peak of $120.Read More
HDFC Bank faces potential selling pressure as its part-time Chairman, Atanu Chakraborty, resigned citing ethical concerns over recent bank practices. Keki Mistry has been appointed interim chairman. Chakraborty’s departure follows a period of significant events, including the merger with HDFC, which has yet to fully yield benefits.Read More
On March 18, three large-cap stocks appeared in the White Marubozu bullish scan on StockEdge. This candlestick pattern indicates strong buying interest, with prices opening at the low and closing at the high. Traders often view it as a signal of sustained momentum and potential continuation of an uptrend.Read More
NSE BSE Holiday Today: Even as the country celebrates Gudi Padwa today, there will be no market holiday and stock exchanges BSE and the NSE will open for trading at the usual time.Read More
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