Tech View: Nifty forms large bearish candle, next move uncertain
Selling pressure at higher levels is a worry & resistance levels have gradually shifted lower. – Stocks-Markets-Economic Times
Month: October 2019
F&O: Nifty trading range widens to 11,200-11,800 zone; VIX rises 5.5%
Sustained selling pressure was seen at higher levels and resistance shifting lower gradually. – Stocks-Markets-Economic Times
Euro zone inflation slows to three-year low on cheaper energy
Euro zone inflation slowed in September to near a three-year low because of cheaper energy although core inflation edged higher, highlighting the challenges facing the European Central Bank. – … Read More
Ford forms JV with Mahindra for India business
Ford Motor Co and Mahindra & Mahindra will form a joint venture company in India valued at $275 million that will develop, market and distribute Ford branded vehicles in the … Read More
Indian lenders slump as investors fret over exposure to troubled firms
Shares in major Indian banks took a beating on Tuesday, as fraud allegations against a top mortgage lender and a prominent bank sparked fresh worries about the health of India’s … Read More
RBI Likely To Cut Key Lending Rates By 0.25% To Boost Growth: Experts
In the August policy, RBI had reduced the repo rate by an unconventional 35 basis points from 5.75 per cent to 5.40 per cent. – NDTV Profit – Latest
Reliance Jio reduces smartphone price to ₹699
In a bid to target 2G users, the Mukesh Ambani’s company has launched Jio phone Diwali 2019 offer with additional free data worth ₹700 – The Hindu – Industry
After 700-pt plunge, Sensex pares losses to end 362 pts down; Nifty below 11,400
Bank stocks cracked as the rumour mill on D-St hinted at more distressed names coming out. – Stocks-Markets-Economic Times
Anil Ambani gets class action suit threat, but also support from shareholders
The AGMs of five of the Reliance Group companies were held back-to-back on Monday. – Stocks-Markets-Economic Times
Sensex slides as banking, realty stocks hammered
Indian shares fell 1% on Tuesday, as investors fretted about the exposure of major banks to the troubled real estate sector, compounding worries about a slowdown in economic growth. … Read More