Latest Stock Market News

​Aggressive New Short means the average traded quantity for 5 days along with cumulative Open Interest for the stock has increased whereas the price has decreased. Here are 4 stocks displaying such a trend:​

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

​Hammer Pattern is a one-day candlestick pattern wherein there is a small green real body and lower shadow extending from the body and is formed at the bottom of a downtrend. ​

With just weeks to go before the country runs out of cash, the standoff has become the key topic on trading floors on fears that a US failure to pay its bills will send shockwaves through markets and the global economy.

Currently the largest steelmaker in India with a production capacity of 27 million tonnes, JSW Steel is in the process of adding another 10 MT of production capacity by the end of FY25, which includes brownfield expansion at the Vijayanagar facility and Bhushan Power.

Refining major BPCL Ltd posted 168% growth in its consolidated net profit at Rs 6,780 crore for the three months ended March. Revenue from operations during the reporting quarter rose 8% to Rs 1.33 lakh crore.

Rate this item

(1 Vote)

Aggressive new long positions in a stock indicates a bullish sentiment in the market, as the average traded and delivered quantity for 5 days along with the cumulative open interest and price for the underlying stock have increased.​

Oil prices increased slightly on Monday due to a weaker dollar and supply cuts made by Canada and OPEC+ producers. Brent crude futures rose by 0.2% to $75.72 per barrel, and U.S. West Texas Intermediate crude rose 0.2% to $71.84 per barrel. Last week saw gains of around 2% for both oil benchmarks, following Alberta fires, which cut off a significant amount of crude supply in Canada, and voluntary OPEC+ production cuts. A lack of crude supply may threaten the success of a new Nigerian facility, the Dangote Petroleum Refinery, where oil rig counts have reduced in the U.S.

Das met the board of directors of all public sector banks in New Delhi to discuss issues related to leadership and governance, and drive growth and sustainability. In a statement, the RBI said the governor acknowledged the role played by the banks in supporting the economy and maintaining resilience along with improved financial performance in the face of several adverse shocks in recent times.

Rate this item

(1 Vote)

The Reserve Bank of India (RBI) has said that banks should follow existing guidelines, leaving them to decide their own strategies while accepting ₹2,000 notes for exchange.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.