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Current Scenario of Metal Sector of India – How It Gets Affected By China’s Industrial Production Dip

The stock market of China has plunged, thus it resulted in the crash of global metal prices that has worsened the revenue outlook for metal producers in India. This is due to the raising repayment concerns that took place in an already debt-laden sector. The experts have commented on this…

Despite of Government’s Effort to Revive PSU, 18 of Them Remain in Red

It is seen that the government of Jammu and Kashmir had put on efforts to revive the 18 public sector undertakings. The Mehbooba Mufti’s government had put efforts to bring these PSUs on track. However, in spite of such efforts, the PSUs remain in the red. The losses suffered by…

Top Buzzing Midcap Stock for the Month of March

It is recommended to keep an eye on Bharti Airtel, Ultratech Cement,  Indiabulls Real Estate, Interglobe Aviation, and Sakthi Sugar. The analysts recommended that Bharti Airtel is in focus on the back of a report by Goldman Sachs. Where they reiterated their buy rating on the stock. However, the Indiabulls Real Estate is buzzing…

Brent Crude Falls 45 Cents, Or 0.7 Percent to $64.97 Per Barrel

Brent crude futures were down 45 cents at $64.97 a barrel. The analysts observed that a strengthening dollar that hit a six-day high, however, weighed on oil prices. It is concluded that the robust dollar makes oil and other dollar-denominated commodities more expensive for holders of other currencies. However, since 7the…

Andhra Bank Plunges 11%, While PNB, SBI among Most Traded Stocks

On Monday, it was observed that the shares of PSU banks were trading in the negative zone in morning session. The list of PSU banks included Andhra Bank, Oriental Bank of Commerce and IDBI Bank. These bank’s shares were trading in the negative zone. According to the experts, it was…

Nifty50 Forms Bullish Crossover; But Don’t Go Short Yet

On Friday, it was observed that the Nifty50 snapped a six-day losing streak. It has formed a Hammer-like pattern on the daily charts. In the morning session, the index respected its 200-day exponential moving average that was nearby 10,140 levels. It is expected that this will act as a short-term…

Balrampur Chini Mills down 7%; Amtek Auto rallies 5%

On Thursday morning trade session, it was noticed that the sugar stocks were trading mixed. Analysts claimed that the shares of Monnet Project Developers were up to 9.87 percent. On the other hand, shares of Dollex Industries were also up to 9.34 percent along with Piccadilly Sugar and Allied Industries…

Complete Forex Trading Guide- Few Useful Tips to Remember

Usually, people think that forex trading is about gambling or testing your luck at the roulette table. However, this is not the right way to think about trading. Trading is not about hitting the jackpot with a single lottery ticket. It is much more than this! Basically, if a person risks his…

Nifty Forms Bearish Belt Hold, But Looks Set For A Pullback

On Monday, experts claimed that the Nifty50 declined for the fourth consecutive session. It was observed that during the four-day, 223-point drop and the index slipped below its 100-day moving average. On the other hand, it is said that index held on to its broader 10,300-10,630 range. The experts also informed…

Sensex falls 300 pts, Nifty below 10,400

On Monday, the benchmark indices traded lower for the fourth straight session following weak sentiment in Asia markets. Also, in opening trade against the previous session’s closing, the BSE Sensex fell over 200 points. It was noted that the broader Nifty also traded below 10,400 levels. As per the experts…