Trade setup: Nifty50 may stage a pullback; outlook is still bearish
As of now, the 50-DMA at the 12,104 level has been acting as a support on a closing basis.
Tech View: Nifty forms bearish candle, analysts say sell on rise
Arun Kumar of Reliance Securities said the near-term oscillators continued t...
BOJ raises growth forecast, signals status quo on policy outlook
The Bank of Japan nudged up its economic growth forecasts on Tuesday.
Trade setup: Nifty needs to top 20-DMA at 12,200 to stabilise
The RSI on the daily chart stood at 48.84 and marked a fresh 14-period low, which is bearish.
Tech View: Nifty forms Small Bearish Candle, MACD signals more selloff
A trade below 12,150 will accentuate the decline, dragging the index lower to 12,130-12,040.
Commodity outlook: Base metals pack mixed amid coronavirus scare; here's how others may trade today
Here is how SMC Global expects commodities to trade today.
UBS turns bullish on earnings growth after 5 years
UBS estimates Nifty earnings could grow around 15 per cent in FY21-23 in its base case scenario.
Mentha oil outlook positive; buy on dips
Stocks of mentha oil at MCX-accredited warehouse, at 1,62,106.6 kg, were unchanged from the previous week.
Gold rate today: Gold edges higher as IMF trims growth outlook
US gold futures were 0.4 per cent higher at $1,566.30.
China virus outbreak may wallop economy, financial markets
The first cases of what has been identified as a novel coronavirus were linked to a seafood market in Wuhan, suggesting animal-to-human transmission, but it now is also thought to be spread between people.
On the menu at China virus market: rats and live wolf pups
The Huanan Seafood Market in the central city of Wuhan came under greater scrutiny on Wednesday as Chinese officials said that the virus which has so far killed nine people and infected hundreds may have originated in a wild animal sold at the food emporium.
Tech View: Nifty50 forms a Bearish Engulfing Pattern; trend weakening
Nifty also formed a Black Marubozu on the daily chart, adding further to the bearishness.
Trade setup: Nifty vulnerable at higher levels; steer clear of technical pullback
The 12,265 and 12,290 levels will act as stiff resistance. Support is at 12,190 and 12,110.
Netcore Solutions appoints Diptarup Chakraborti Group Chief Marketing Officer
Chakraborti has close to 25 years of experience in tech marketing, advertising, and business research. He was most recently at Zycus Technology, where he headed its global marketing function over the past 5 years. Prior to this, he has served in leadership positions at companies such as IBM, Gartner, Capgemini, and Mastek.
Delhi-NCR, Mumbai, Pune biggest markets for student housing in India: Report
"Delhi-NCR with 7.45 lakh students enrolled in HEIs as of 2018-19 has 50 per cent outstation students. There is demand for additional 2.5 lakh beds from PMSA operators," the Cushman & Wakefield report said.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service