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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.

“Not only will PSUs benefit from government spending, but some of the private sector infra players like L&T, where we are seeing strong order book inflows, execution and some of the private players like KEC or road players like KNR Construction could see uptick in the order book, execution and profitability which should attract a lot of investor interest in the space.”

S&P BSE Sensex closed with gains of over 400 points while Nifty50 reclaimed 18,600 levels on Tuesday.

If you look at the known devils in the market, most of them are factored in be it inflation, war situation, recession probability in some developed nations, supply chain and energy crisis.

SJS Enterprises, incorporated in the year 2005, is a Small Cap company (having a market cap of Rs 1510.48 Crore) operating in General sector.

The encouraging data bolstered stocks on Wall Street, as benchmark indices surged 2-3% on Tuesday, while yield on the 10-year treasury note plunged 15 basis points to 3.485%. The dollar index hit a near 6-month low of 103.586 points.

Tesla first crossed above the $500 billion threshold in November 2020, after its share price jumped more than sixfold ahead of its inclusion in the S&P 500. A seemingly insatiable investor appetite for anything related to EVs, and more broadly technology, helped fuel part of that rally in a cash-rich market.

"There was some excitement early on that the CPI number was once again below expectations - it shows some sequential cooling - but once we saw that initial pop, stock investors kind of reassessed," said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah.

Multiple government officials and industry executives said domestic refineries will continue to buy cheap Russian oil with no major shipping or insurance trouble expected as the market rate for the key grade has fallen below the cap.

Tells lawmakers the collapse stems from poor management practices and inexperienced individuals at the helm