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The negative chart pattern like lower tops and bottoms is active on the daily chart and the market has not shown any decisive upside bounce so far.India VIX was up by 0.99% from 12.12 to 12.24 levels. Volatility rose above 12.5 during the day and has been rising from the last few sessions

The Golden Crossover is a powerful chart pattern formed when a short-term moving average (usually the 50-day simple moving average) crosses above a longer-term moving average (usually the 200-day simple moving average). This pattern is often interpreted as a signal of potential upward momentum and a possible shift from a bearish trend to a bullish one

"The short-end of the OIS curve is completely factoring in one more rate hike over the next few months while talks of rate cuts have died down for now," said Vijay Sharma, senior executive vice president at PNB Gilts

These seven companies had collected money from investors without complying with the public issue norms as the shares were issued to more than 50 individuals.Under the norms, a firm is required to list its securities on the recognised bourse. It is also required to file a prospectus, among other things

“The near-term picture for foreign investor flows is hazy and over the next few weeks as things play out and as the dollar index peaks, the short term rally which is staging and as yields peak out, we will see funds flow start again. But in the near term, it could remain weak.”

On August 16, 2023, several prominent companies achieved a notable feat by crossing their 100 Simple Moving Average (SMA).

The crossing of the 200-day Simple Moving Average (SMA) can often signal significant shifts in stock price trajectories.

The data was sourced from BSE at 1.15 pm, and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.

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Since Jio Financial Services (JFSL) did not commence trading after 20 business days, and no firm trading date has been announced by the conglomerate, the index aggregator decided to remove it from all indices.