The rupee continues to trade under pressure, breaking above 75.25 levels on higher crude prices.

The Indian rupee continues to trade under pressure, which closed significantly lower at 75.36, as crude oil prices continued to climb. The rupee tested low of 75.3950, a level last seen on April 21, 2021. A 2% jump in Brent crude caused further declines …

Oil prices have skyrocketed, extending gains for several weeks, amid tight supply from major producers and …

Oil prices have skyrocketed, extending gains by several weeks, amid tight supply from major producers and growing demand for fuels as economies attempt to recover from the coronavirus pandemic. Prices have increased as more and more vaccinated populations have moved out of …

The rally stopped on global volatility

Markets traded weakly as inflation fears persisted and expectations grew about a tightening of US Federal Reserve policy in the coming months. Also, concerns about the prospect of rising borrowing costs, a possible default on US debt, and signs that the …

Much has been said about the inability of trends to hold on to higher levels, but the positive joy has been displayed …

Much has been said about the inability of trends to hold at higher levels, but the positive glee displayed by the markets indicates that steady consolidation at higher levels indicates that the trends will hold. After crossing the 8200 zone, the …

New Lifetime Highs in Nifty, Nifty Bank; Nifty hits 18,000 mark; the short-term trend turns upward; wait…

We will discuss BUSINESS SUMMARY where all trades discussed in this letter will be summarized in one place. BANK NIFTY rose sharply today and closed higher. The long position closed today with gains. We will share SECTOR PERFOR …