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DOLLAR DOWNTREND
Japan shifts to ambush intervention tactics against yen short sellers, sources sayJapan's finance ministry is shifting tactics, abandoning public warnings about currency intervention. Officials now aim to surprise specula...
Bitcoin crashes 50%: Should you buy the dip or stay away from crypto?Investors must weigh extreme volatility, uncertain cycles and India’s harsh tax rules before adding exposure.
GIFT Nifty tumbles 1.5% as US stock market plunges. Will Dalal Street crash on Monday?GIFT Nifty plunged over 1.5% after a sharp selloff on Wall Street, signalling a weak start for Dalal Street on Monday. Strong US jobs data ...
Sensex tumbles over 1,100 points, Nifty below 23,200. 6 key factors behind today's D-Street routIndian stock markets experienced a significant downturn on Monday, with benchmark indices Sensex and Nifty falling over 1% each. Rising Ira...
Strong cues from GIFT Nifty point to a firm start for Dalal StreetIndian benchmark indices closed higher on Friday, buoyed by private banking stocks and a strengthening rupee. Analysts suggest a crucial re...
Sensex drops 600 points, Nifty below 23,450. 6 key factors behind today's D-St routIndian stock markets experienced a sharp downturn on Wednesday, with both Sensex and Nifty declining approximately 0.8%. The Sensex dropped...
Nifty Bank falls 500 points as PNB, Canara Bank, SBI, other stocks decline up to 3%. What lies ahead?Indian bank stocks tumbled, dragging the Nifty Bank index down as a weakening rupee and rising global bond yields soured market sentiment. ...
Why is market falling today? Sensex falls 600 points, Nifty below 23,500; 5 key factors behind bloodbathStock Market Crash: Indian stock markets experienced a significant downturn on Monday. Both Sensex and Nifty saw substantial drops exceedin...
Bears tighten grip as GIFT Nifty hints at a weak start for D-StBenchmark indices ended negatively on Friday amidst volatility, with Nifty forming a bearish weekly pattern. Analysts suggest a failure to ...
Buy the dip, but avoid IT, back pharma & power, says Rudramurthy BVIndian markets are experiencing a healthy correction, according to Vachana Investments' MD, CA Rudramurthy BV. He advises waiting for speci...
Dollar hangs near six-week lows as investors bet on Iran peace dealExpectations of a possible Iran peace deal kept the US dollar near six-week lows as investors shifted toward riskier assets amid easing geo...
RBI sold foreign exchange worth $3.66 billion in spot market in JuneIn June, the Reserve Bank of India (RBI) became a net seller of dollars, offloading $3.66 billion in the spot foreign exchange market, acco...
Dollar fights for footing as Fed minutes eyedA dollar bounce that followed higher-than-expected inflation data last week has also faded as traders figure the Fed will keep rates low.
Dollar slips in to 2021 as investors ride downtrendIn early Asia trade on Monday, still thinned by holidays, some short sellers were again adding to bets against the dollar and unwinding a s...
Technology and pharma concern areas: Laurence Balanco, CLSA"If I look at the gold mining sector, you have got a good base in place after a two-year downtrend"
Rupee seen headed towards 66, but experts rule out 70/$"We expect rupee depreciation and would reiterate our view that the dollar-INR pair is likely to see 65/66 levels," says Shardul Kulkarni.
- Immediate resistance for rupee is placed at 55.90: Bonanza
On the upside immediate resistance is at 55.90 and on the downside immediate support is at 55.42 and at 55.16.
- Buy SAIL, sell Hindalco: Mitesh Thacker
SAIL is appearing to break below the support at about 106-108.
- Focus on large caps in the IT space: Maia Financial Services
Hemant Kale, MD, Maia Financial Services Pvt, in a chat with ET Now, talks about dollar movement and the subsequent impact on the IT space.
- The rally is not over for the Indian market: Cazenov Capital Management
Robin Griffiths, Tactical Strategist, Cazenov Capital Management spoke to ET NOW on Asian markets and the dollar index.