Hindalco’s share price jumped 3.3% in trade on Wednesday as the metal firm announced a Rs 4,000 crore investment plan to establish an extrusion facility for freight wagons and coaches as well as a copper and e-waste recycling plant at the company’s 64th annual general meeting on Tuesday. On the back of this news, Nifty […]
Day: March 1, 2023
Oil prices wobble on jitters over China economy, US rates pathOil prices wobble on jitters over China economy, US rates path
Oil prices were choppy on Thursday after falling over the past three sessions, with the undertone grim on worries that slowing growth in China and possible further U.S. interest rate hikes will weaken fuel demand in the world’s two biggest economies. Brent crude futures were up 8 cents, or 0.1%, at $83.53 a barrel by […]
Nifty may slip till 18,900, Bank Nifty may break below 44,800 levelNifty may slip till 18,900, Bank Nifty may break below 44,800 level
By Anand James Last week ended with the 19,300 region attempting to force a pause to the liquidation spree that unfolded in the last hour. This needs to be read with the fact that we had begun last week with overbought signals ringing in several indicators and sectors. It is true that 72% of the […]