Breakout Stocks: How Infosys, RIL and ICICI Bank are looking on charts for Monday’s trade
Stocks in focus included names like Infosys, which was down more than 8%, Reliance Industries (RIL) fell more than 2% ahead of results, and ICICI Bank, which closed flat but with a positive bias ahead of results on Friday.
Gold is seen range-bound ahead of the US FOMC decision next week
Gold prices were supported by lower-than-expected inflation in the US, UK, New Zealand and Australia, which could result in central banks pausing their interest-rate increase plans. However, after the narrative of a “peak rate” pushed US yields lower, rising yields allowed a US dollar index recovery
Sterling & Wilson Renewable Energy shares rally 27% in 1 week. What should traders do now?
“During the trading period, the Nifty Index fell short of reaching the significant milestone of 20000 by a mere 9 points and experienced a sharp correction, primarily driven by declines in IT sector stocks. The correction resulted in a notable drop in the index’s value, indicating bearish sentiment in the market. The price chart of […]