Stock market: Trump’s decision on reciprocal taxes would introduce a new wave of uncertainty in global trade dynamics, said Amit Jain, Co-Founder of Ashika Global Family Office Services. Markets across Wall Street to Dalal Street are on a high alert, as the US President Donald Trump readies fresh salvo against its trading partners on…
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…
The monthly options data indicated that the Nifty 50 is likely to face resistance at 22,700 and see support at 22,500 in the upcoming monthly F&O expiry session scheduled on February 27. The Nifty 50 closed flat with a negative bias after rangebound trading on February 25. The index continued its downward move for the…
Shares of Indian metal companies, particularly steel stocks, took a sharp hit in trades on Monday after the US President Donald Trump threatened a 25 per cent tariff on steel and aluminium imports, as early as Monday. Speaking to reporters on Sunday, Trump said that the levied tariffs would cover “everybody”, without specifying when the…
The 30-share BSE Sensex pack surged more than 1,400 points to hit above 78,600 level, while the broader NSE Nifty index moved around 400 points to trade above 23,750. Domestic stocks rose sharply in afternoon deals on Tuesday. The surge was supported by gains in banks, financials, energy, metal and technology stocks. The 30-share…
Union Finance Minister Nirmala Sitharaman today presented the Economic Survey for 2024-25 on the first day of the Budget session. The Economic Survey is the most important document which reviews the country’s economic progress and challenges. It was prepared by the Chief Economic Adviser (CEA), V Anantha Nageswaran and his team. According to the survey, India’s economy…
The much-awaited Mahakumbh 2025 has officially commenced today in Prayagraj, promising to be the world’s largest gathering of people. Spanning until February, the Uttar Pradesh government estimates that approximately 400 million devotees will participate in this grand religious event. Meanwhile, the Confederation of All India Traders (CAIT) projects that Mahakumbh will generate a staggering Rs…