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​It is a one-day candlestick pattern in which there is a small red real body with an upper shadow extending from the body. It is formed at the top of an uptrend.​

Stocks that were in focus on Tuesday include names like Paytm, which rose 2.39%, Network 18, which gained 6.12%, and Sun TV, whose shares declined 2.27%.

Investors also eagerly awaited results and a forecast from chip company Nvidia due late on Wednesday. Its blockbuster report last quarter fueled a rally in tech stocks and artificial intelligence hopes.

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Swiss gold exports fell 2% in July from June, as lower deliveries to China and India failed to compensate for a sharp growth in supplies to Turkey, Swiss customs data showed on Tuesday.

Dollar hovers near two-month high, yen near 146/dlr

Updated at : 2023-08-23 08:20:01

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The dollar index, which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. The index is up 1.6% in August and is on course to snap its two-month losing streak.

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We have one big weapon and that is credibility," Barkin said in comments to the Danville Pittsylvania County Chamber of Commerce. "There is nothing magic about 2 except that when you set that as a target you probably want to achieve it

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In options pegged to the Secured Overnight Financing Rate, a popular trade over the past week has been hedging the risk that interest rates will stay elevated through next year.

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The New Development Bank (NDB) issued its first rand bond in South Africa last week and could consider local currency issuance in members Brazil, Russia and United Arab Emirates, Vladimir Kazbekov told a press briefing ahead of the BRICS Summit in Johannesburg on Aug. 22-24.

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In a long-awaited regulatory filing Monday, Arm said the offering is being led by Barclays Plc, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Mizuho Financial Group Inc. The document listed 24 other underwriters below that top tier — with Morgan Stanley notably absent.

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​​The newest general insurance company that would just focus on agriculture aims to double the premium collections to ₹1,000 crore by end of this financial year, insuring more than a hundred different crops, from ₹400 crore premium income earned so far.

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