|
Tech view: Nifty has formed a Hammer candlestick pattern near multiple support zones, signalling strength. As long as it holds the recent low of 22,725, a buy-on-dips strategy remains favourable. The 21-day simple moving average (DSMA) at 23,240 serves as an immediate hurdle, and a decisive breakout above this level could confirm a near-term bottom reversal, said Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
Category:
News and Media
President Xi Jinping has shifted focus towards private sector giants such as BYD, Huawei, and Alibaba to boost China's technological self-reliance amidst the ongoing technology war with the U.S. This move highlights a significant change in the Chinese leadership's perception of the private sector's role in economic growth.
Category:
News and Media
The investment landscape in China is showing signs of sustained improvement, bolstered by market performance and positive developments in U.S. relations. Analysts at Bank of America Securities highlight long-term reforms and increased dividend payments as encouraging indicators of China's market transformation from being seen as merely 'tradable' to 'investable.'
Category:
News and Media
President Trump and adviser Elon Musk have led an initiative to reduce the federal workforce by 9,500 employees, mainly targeting those with less than a year of service. An additional 75,000 workers have taken buyouts, with significant layoffs in departments such as Interior, Energy, Agriculture, Health and Human Services, and Veterans Affairs.
Category:
News and Media
LG Electronics is holding roadshows for its Indian unit's planned IPO, expected to raise $1-1.5 billion with a valuation up to $15 billion. The Mumbai listing, aided by major banks, follows Hyundai's record Indian IPO last year. Despite initial excitement, Hyundai's stock performance has dipped, reflecting a broader market slowdown.
Category:
News and Media
Sites : [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] next »