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News Shots US Investment firm Morgan Stanley buys 1.10% stake in Vodafone Idea. DLF inked an anchor deal with Standard Chartered GBS for upcoming project DLF Downtown, Taramani, Chennai. Zee Entertainment Enterprises has unveiled a new organisational structure, dividing businesses into different verticals for content, technology, and revenue and monetisation. The company has also hired […]
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News Shots PM Narendra Modi addressed the nation yesterday. He reminded the citizens to be careful and follow safety procedures. Finance Minister Nirmala Sitaraman said an option for a new stimulus is still open. Reliance Jio and Qualcomm successfully tested 1 Gbps 5G speed in India. Hindustan Unilever Q2 profits up 8.7% to Rs 2004 […]
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News Shots The Supreme Court has asked the Government to implement ‘interest waiver’ scheme at the earliest, adjourning verdict to November 2.  Amazon cannot challenge Future Group deal with Reliance Industries Limited as the deal does not involve Future Coupons (The Future Group subsidiary where Amazon has a stake) “As per Amazon’s contract, it has […]
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Today’s Market Summarised Nifty’s movements today felt like getting on a roller coaster. With negative sentiments in global markets, Nifty opened the day at 11,919 but kept falling and falling. After breaking a key support at 11,860, the index tried to pull back multiple times. The European markets opening flat and going up gave Indian […]
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Today’s Market Summarised Nifty opened the day flat at 11,938 and immediately made the day’s low at 11,890. However, the index was determined and tried to once again make an attempt to cross the 12,000 level. This failed to happen and the index came down and consolidated to close under today’s open at 11,934.50, up […]
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Today’s Market Summarised Nifty opened the day at 11,976 with a gap-up powered by global positivity and went up trying to cross 12,000. As you all can imagine, the 12,000 level is a strong emotional resistance level, and the index struggled to sustain above that level. The power outage in Mumbai caused trading volumes across […]