Introduction: The Indian benchmark equity indices, Sensex and Nifty 50, are set to open higher on October 25, buoyed by positive global cues. However, recent market trends indicate a cautious approach due to various factors including geopolitical tensions, mixed quarterly earnings, and rising US treasury yields. In this article, we’ll delve into the latest market … Read more
In the fast-paced world of financial markets, understanding the fundamentals of trading is essential for success. One of the core concepts that every trader should grasp is support and resistance. These two critical factors act as key pillars in technical analysis, providing valuable insights into market trends, price movements, and potential trading opportunities. In this … Read more
India’s growth rate projected at 6.3% in FY23 & FY24: IMF The International Monetary Fund’s (IMF) World Economic Outlook for October 2023 predicts that India’s economic growth rate will remain stable at 6.3% for both fiscal year 2023 (FY23) and fiscal year 2024. This represents a positive adjustment of 0.2 percentage points for FY23, which … Read more