When the closing price rises above the VWAP, it means the stock closed higher than the average price at which it was traded during the day, with that average weighted by trading volume.Read More
Bitcoin jumped over 3% in the past 24 hours to trade at $115,171 on Monday, as traders set sights on the $120,000 level ahead of key U.S. CPI data. Positive sentiment from successful U.S.-China trade talks lifted the broader crypto market, with Ethereum up 6.77% and other major tokens rallying up to 11%.Read More
Mukesh Ambani is steering Reliance Industries towards artificial intelligence, investing $15 billion in a bold tech pivot. This strategic shift aims to transform the conglomerate into a deep-tech powerhouse, potentially valued at $30 billion. Reliance is building AI infrastructure and partnering with tech giants like Meta and Google, while also developing its own AI products.Read More
Nifty paused its six-day winning streak, with analysts suggesting potential near-term drift towards 25,400 before resuming an upside trajectory. While banking stocks show vulnerability, Oil & Gas counters, especially Reliance Industries, offer resilience. Further unwinding in derivatives is anticipated, with FIIs actively covering shorts.Read More
Indian banks are set to go global, says Manish Chokhani, Director of Enam Holdings. He urges investors to focus on long-term wealth creation and global thinking while balancing fear (gold, real estate) and hope (equities) trades. Chokhani predicts India’s next decade will be marked by global expansion, innovation, and entrepreneurial success.Read More
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