Zensar Technologies, CDSL, Bandhan Bank and MRPL from the Nifty Smallcap 100 index rallied between 5% and 12% in Friday’s intra-day trade. Shares of select midcap and smallcap companies were in demand with the Nifty Midcap 100 and Nifty Smallcap 100 indices hitting fresh 52-week highs in Friday’s trade amid a strong rally in equities.…
The United States and Iran on Wednesday unveiled a 14-point interim agreement aimed at ending the ongoing conflict between the two countries, restoring commercial shipping through the Strait of Hormuz and launching negotiations for a broader peace settlement. The document, titled the Islamabad Memorandum of Understanding between the United States of America and the…
Goldman Sachs raises India 2026 CPI forecast to 4.6% from 4.2% earlier; Goldman Sachs expects 50 bps rate hike by RBI in 2026 Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the economy contends with sharp depreciation in its currency.…
The weekly options data also suggested that 24,000, where the maximum Put open interest is placed, is expected to be a key support in the short term, while 25,000, which has the maximum Call open interest, is likely to be a crucial hurdle on the higher side. This means the index may possibly trade in…
Geopolitical tensions between Israel and Iran have forced Indian airlines to cancel flights to the Middle East and parts of Europe, impacting up to 40% of Air India’s capacity. The conflict between Israel and Iran has impacted the Indian airline carriers’ capacities, as geopolitical tensions have caused cancellations of all flights to the area…