Crypto price today: Bitcoin holds $19k; XRP, Solana, Dogecoin shed up to 5%
Top crypto tokens were trading mostly lower on Monday. Barring the stablecoins, BNB and Tron were the only altcoins in green. XRP plunged over 5 per cent, whereas Etheruem, Cardano, Solana, Dogecoin and Avalanche shed 2 per cent each.
Trader’s Guide: 2 stocks from telecom & pharma sectors that can rise 9-10%
The price is likely to attempt a trend reversal. A large white-bodied candle has appeared. Its appearance near the crucial double bottom support and its occurrence with large higher-than-average volumes adds credibility to the support levels of 180-181. Also, for the last two months, RSI has shown a strong bullish divergence against the price.
Big Movers on D-St: What should investors do with Solar Industries, Granules India and PNB?
The counter has witnessed a Channel breakout on the weekly chart and the stock is in the formation of higher highs and higher lows on the daily chart for the last four consecutive days.
Stocks in the news: Coal India, Oil companies, telcos, auto manufactures and ZEEL
Telecom companies will be at the focus as Prime Minister Narendra Modi launched the 5G telephony services that promise to provide ultra high-speed internet on mobile phones.
Nifty has strong supports, likely to extend rebound up to 17,600 levels
While the index could find support at 16,888 levels, the upside is capped at 17,600, analysts said. Ambuja Cement, Trent, Apollo Tyre, ICICI Bank, SBI, Eicher Motors, Maruti, Britannia, Hindustan Unilever, and TCS are some of the stocks analysts suggest for traders.
Acre ARC buys a clutch of distressed loans from HDFC
The portfolio includes loans to Gurugram-based real estate developer Vatika Group (₹730 crore) and distressed Nirmal Lifestyle Kalyan (₹430 crore). Acre ARC paid ₹602 crore in an all-cash deal, representing a 49% haircut for HDFC, said a person familiar with the deal.
Oil jumps more than 3% as OPEC+ mulls cuts of up to 1 million bpd
Oil prices have tumbled for four straight months since June as COVID-19 lockdowns in top energy consumer China hurt demand while rising interest rates and a surging U.S. dollar weighed on global financial markets.
Street faces a stress test this October as bank issues in Europe add to rate, dollar worries
This time as October kicks in, the mood is jittery as the continued sell-off in the US market, higher interest rates and strengthening dollar are keeping investors on the edge. What is adding to the nervousness is growing speculation about stresses at European banks including Credit Suisse whose share price has collapsed in recent months.
Upgrades raise a toast to India Inc’s health
India’s credit ratio, the gauge for overall creditworthiness that compares upgrades to downgrades, stood an all-time high at 3.74 between April and September this financial year, showed data from CareEdge Ratings. In the preceding six months, it was 2.64.