NIFTY

Technical View: Bulls may charge up further if Nifty decisively closes above 22,750

The weekly options data indicated that the Nifty may trade in the range of the 22,000-23,000 zone in the short term The Nifty 50 gained strength in late morning deals after volatility and closed nearly 1 percent higher, extending its northward journey for the second consecutive session on March 6. With Thursday’s rally, the index…

FM Sitharaman cites former RBI governor Raghuram Rajan to explain rupee’s fall in Lok Sabha address

The FM said that the main goals of the Budget are to accelerate growth, invigorate private investment, promotion of MSMEs, employment led development. Finance Minister Nirmala Sitharaman quoted former RBI governor Raghuram Rajan to explain the fall in the value of the rupee. She said that the currency volatility across major countries is reaqlly extensive…