The Indian Rupee has recovered from its record low. This rebound follows a drop in global oil prices. Strong openings in Indian stock markets also supported the local currency. Heavy foreign investment outflows limited the gains. Traders are watching oil prices and geopolitical developments closely. The Rupee is expected to trade within a specific range.Read More
Financial author Robert Kiyosaki has urged people to skip a meal and buy silver if they lack $10, calling it a first step toward financial education. Warning of what he believes could be the biggest market crash ahead, Kiyosaki continues to advocate gold, silver and crypto as safer assets.Read More
Federal Reserve Chair Jerome Powell engaged in rapid phone calls with 13 lawmakers following a Justice Department investigation into his congressional statements. These 10-15 minute conversations occurred the week after January 11, amid criticism of subpoenas and political pressure on the Fed.Read More
Indian equity markets plunged due to rising crude oil prices, FII outflows, and a weakening rupee. India’s high import dependence makes it particularly vulnerable, with sustained high oil prices threatening to widen the current account deficit and dampen GDP growth. Retail investors are advised to adopt a structured approach amidst this volatility.Read More
On March 9, five Nifty500 stocks appeared in the bullish White Marubozu scanner, signalling strong buying momentum through the session. The long shadowless candlestick reflects firm demand and bullish sentiment. Traders often interpret this pattern as buyers maintaining control from open to close, indicating potential continuation of the prevailing uptrend.Read More
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