SAIL01 Jan 1900 
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SAIL01 Jan 1900
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Latest News

Rupee rebounds to settle 9 paise higher at 83.31 against US dollar
The rupee recovered 9 paise to settle at 83.31 (provisional) against the US dollar on Thursday on the back of softening American currency as well as crude oil prices in the overseas market. Forex traders said, however, a massive selling in the domestic equity markets, outflow of foreign fund and increased month-end demand of greenback by oil marketing companies weighed on the Indian currency.
30 May 2024 | 05:28 PM
Tech View: Dark cloud pattern seen on Nifty charts
Nifty on Wednesday ended 183 points lower near the 22,700 level as the index formed a dark cloud cover candlestick pattern on the daily chart. Support for Nifty is now seen at 22,675-700 and 22,500 levels. On the higher side, the immediate resistance zone is at 22,825-850 levels and the next psychological resistance is at the 23,000 mark, said Tejas Shah of JM Financial & BlinkX.
29 May 2024 | 08:08 PM
Nifty 50 down nearly 2% from its all-time high
Nifty 50 hit a fresh all-time high of 23,110.80 in intraday trade on May 27 but failed to hold gains thereafter. It is currently down 1.8% from its all-time high, thanks to LS election-related nervousness, weak global cues, waning expectations of rate cuts, and significant foreign capital outflow. The Indian stock market is expected to remain volatile until the LS election results on June 4.
29 May 2024 | 06:42 PM
Election jitters, Nifty, Bank Nifty futures expiry weigh heavily on markets
Nifty 50 and Sensex remained under pressure on May 29, with investors taking profits and unloading positions ahead of the last monthly expiry of Nifty and Bank Nifty futures contracts before the crucial election results. The impending election results uncertainty contributed significantly to the market's decline for the fourth consecutive session.
29 May 2024 | 06:07 PM
Largecaps or midcaps – what should you bet on?
While the outperformance gap between midcaps and largecaps has narrowed in May, midcaps continue to lead. Nifty Midcap index has surged 55.5% in last 12 months compared to Nifty's 22.3% gain. Experts caution against market froth in broader markets due to massive run-up. With election results approaching, largecaps could benefit from policy certainty post elections, attracting foreign investors.
29 May 2024 | 04:45 PM