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The Indian rupee fell 8 paise against the US dollar to trade at 82.05 in early trade on Friday. The currency was reportedly impacted by the global and domestic equities market, and the strength of the dollar. Meanwhile, crude prices falling below $75 per barrel prevented further depreciation as per forex traders. The dollar index was up 0.20% against a basket of six currencies, while Brent crude was trading at a lower price of $73.63 per barrel. Foreign Institutional Investors were net sellers in India’s capital markets, offloading shares worth INR 693.28 crore on Thursday.

​So, we have seen same thing happening in Accenture for the last two-three quarters and their commentary yesterday was also in similar lines that clients are cutting down the small deals because those are the ones which are short term and which are primarily discretionary and could be probably immediate and avoided if there is a confusion or if there is a cautiousness.

​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.​

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

Indian benchmark indices Sensex and Nifty closed lower after a volatile trade, with Sensex dropping by 284 points to settle at 63,238.89 and Nifty falling by 85 points to18,771. Delhivery lost 1.89%, L&T Finance fell by 2.39%, and APL Apollo Tubes rose 4% on Thursday. Kotak Securities Technical Research Analyst, Amol Athawale, suggests buying Delhivery stock above 400, buying L&T Finance stock on dips, and buying APL Apollo Tubes above Rs 1330 to encourage an uptrend rally up to 1450, suggesting selling if it drops below 1330.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

But if investors focus on the big picture and India’s long-term growth story, they could excel and create substantial wealth. So, we had chosen this theme: RISE UP -> Reimagining the India Story – Excel in Uncertain Periods.

With positive economic indicators, increased manufacturing activity and higher government spending, there will be support to corporate earnings going forward to sustain this market rally.

Five stocks, including Punjab National Bank, RBL Bank, L&T Finance Holdings, Bharat Heavy Electricals and Hindustan Copper, will be under F&O trade ban on June 23 except in the cash market. RBL Bank is the latest addition to the ban list. A stock enters the ban period once the open interest on it reaches 95% of the market-wide positions limits and the ban is lifted only after the open interest falls below 80%. The Sensex and Nifty50 indexes ended Thursday higher, with the Nifty Bank down 0.31% at 43,724.85.

Oil prices are not changing significantly, yet they are expected to drop by 3% for the week due to concerns over fuel demand caused by the unexpected interest rate hike in the UK and the anticipation of US rate hikes. Brent crude futures dipped by 0.1% to $74.07 a barrel while US West Texas Intermediate reduced by 0.2% to $69.40 as of 0026GMT. Despite an unanticipated decline in US oil stocks, the UK rate hike inflicted more damage on the global commodity market, prompting fears of economic slowdown and reduced fuel demand.