Indian Railway Catering&Tourism Corp is engaged in the basic purpose of hiving off entire catering and tourism activity of the railways to the new company so as to professionalize and upgrade these services with public-private participation. Rail based Tourism in India will be the specific vehicle for achieving…
RBI on Friday 30th September said that the recent sharp rate hikes and forward guidance about further big rate hikes have caused tightening of financial conditions, extreme volatility, and risk aversion. All segments of the financial market including equity, bond and currency markets are in turmoil across countries.…
View on market: Stay Cautious, be with quality business: U.S. stocks dipped once again as Federal Reserve remained resolute in its hawkish stance to battle inflation. Treasuries pared losses with 10-year yield rising three basis points to 3.76%. The S&P 500 fell 2.2%; the tech-heavy Nasdaq joined the…
NIFTY: The NIFTY opened at 16993.60 with a big gap up of 135 points. Initially, the index moved higher but quickly found resistance and turned down after recording its intraday high at 17026.05. Prices have seen a sharp intraday fall. Minor rallies in between turned around quickly, and…
While stock markets have a great potential to deliver high returns on investments, it is also known to be quite risky. If you are new to the stock market, it is advisable to act cautiously while investing in it. It is common to see people complaining about the…
View on market: Stay Cautious, be with quality business: U.S. stocks finally emerged from the rout since Federal Reserve’s recent hawkish policy announcement. Meanwhile, 10-year treasuries declined 21 basis points to 3.73%. The S&P 500 rose 1.6%, while the tech-heavy Nasdaq increased 1.4%. Elsewhere, oil rose 3.8%. Gold…
NIFTY: The NIFTY opened at 16870.55 with a big gap down of 137 points. Initially, the index moved lower but quickly turned around and started rising after recording a low of around 16825. The index has seen a sharp intraday rally of about 200 points, filled the gap,…
View on market: Stay Cautious, be with quality business: Asian equities followed US shares lower after hawkish comments from Federal Reserve officials, while the dollar touched a fresh high after a White House official ruled out a currency agreement to weaken the greenback. A gauge of Asian stocks…
NIFTY: The NIFTY opened at 17110.90 with a gap up of 94 points. Prices moved further higher but soon found resistance and turned down after recording its intraday high at 17176.45. Prices have seen a sharp intraday fall and went below 17000 by erasing all the gains. The…