India’s benchmark indices closed Thursday almost unchanged amid a narrow trading range, with traders cautious ahead of a potential breakout as key support and resistance levels hold firm. India’s benchmark equity index ended Thursday almost unchanged, with the Nifty 50…
As India’s derivatives market attracts more retail traders, structural errors such as poor risk control and misunderstanding of options decay threaten to exacerbate losses, highlighting the need for discipline and informed decision-making. India’s derivatives market offers opportunity, but it also…
Bank Nifty extends recovery with strong institutional support and short covering, approaching key resistance levels as traders await SBI earnings to determine next move. Bank Nifty extended its recent recovery on Thursday, signalling that buyers still have the upper hand…
Zenith Bank has revealed a cyberattack that exposed limited customer information, amid escalating cyber threats targeting financial institutions in Nigeria, with digital systems remaining secure and operational. Zenith Bank has confirmed that hackers gained unauthorised access to part of its…
Authorities in Caruthersville have issued a warning about a surge in phone scams where fraudsters pose as local bank representatives, using spoofing technology to deceive residents into revealing sensitive information. Caruthersville police are warning residents about callers posing as representatives…
Rolls-Royce is accelerating its plans to develop India’s advanced aero-engine manufacturing industry, aiming to double its local sourcing and foster a sovereign aerospace ecosystem through new investments and strategic collaborations. Rolls-Royce says India is steadily building the industrial depth needed…
The Reserve Bank of India remains cautious on adjusting interest rates, citing volatile global energy markets, uncertainty around the monsoon, and inflation pressures driven by food and fuel costs as key factors influencing its stance. Reserve Bank of India Governor…
Capital expenditure by 59 central public sector enterprises and four government organisations has exceeded a third of their annual target in the first four months, highlighting sustained public investment as private sector appetite remains subdued. Capital expenditure by 59 central…
India’s newly introduced closing auction mechanism aims to improve stock price reliability but faces challenges as initial signs indicate potential volatility and divergence between leading exchanges, highlighting the need for broader participation and more liquidity. India’s new closing auction session…
While ICICI Bank predicts a moderation in India’s FY27 growth followed by a rebound in FY28, diverging forecasts highlight concerns over energy stress, monsoon weakness, and global uncertainties affecting the nation’s economic outlook. India’s economic expansion is expected to cool…
