As Nifty 50 kicks off the December series with a 1.24% surge, analysts predict a potential breach of the 26,500 mark by year-end. Factors like an India-US trade deal, foreign investments, and falling crude prices could drive the index higher. Domestic market barometer Nifty 50 began the December futures and options (F&O) series with…
Reliance Industries (RIL) share price climbed 2 per cent in trade and its market capitalisation crossed ₹20 trillion mark once again; check all details Reliance Industries (RIL) shares climbed 2 per cent in trade on Thursday, logging an intraday high at ₹1,496.8 per share on BSE. The company’s market capitalisation surpassed the ₹20 trillion…
Donald Trump’s latest tariff announcement will likely hit Indian auto component makers harder that the car manufacturers US President Donald Trump’s tariffs on cars, auto components and light commercial vehicles (LCVs) are unlikely to impact India as much as markets like Mexico, Canada, South Korea and the European Union, as the country’s dependency on the…
The immediate support is expected to be 23,400, which coincides with the 200-day EMA. If the Nifty 50 decisively breaks this level, the selling pressure may extend toward the 23,200-23,000 zone. However, on the higher side, 23,800 is likely to remain a key hurdle going ahead, experts said. Nifty Downtrend The benchmark Nifty 50 snapped…