Diwali, the Festival of Lights, is the most significant festivals in Indian culture. The theme of Diwali runs throughout the victory of light over darkness and good over evil. The auspicious Diwali can be taken into consideration of creating wealth Read more
Share benchmarks crashed on Wednesday, as the domestic currency hit a new lifetime low of 73.40 to the dollar, in spite of strong cues from across Europe.
The BSE Sensex was down 550.51 points at 35,975.63 and the NSE Nifty50 plunged 150.05 points at 10,858.25. IT sector stocks, which should have rallied due to a falling rupee, plunged, dragging the indices lower.
Among sectoral watch, Nifty Realty went up 3.46% with Prestige Estates gained 9.93%, Indiabulls Real Estate added 5.57%, Phoenix Mills up 5.12% and Oberoi Realty rose 5.09% as top constituents. Further, Nifty Commodities added 2.55% while Nifty Pharma gained 2.51% on the weekend. Trading Call for 17-September.
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After yesterday’s slump, there is a slight recovery from the lower level in Gold. Although the prices are around the low level of 17 months. Actually, the dollar was strengthened yesterday and due to this, the Gold is remained below Read more
Market Experts said that the last 6-7 days has seen a very good impact on market sentiment. In fact, the recent rally has seen a surge in the Mid-cap and Small-cap stocks, which is a good sign for the market. Read more