The Nifty index breached the all-time high of 26,277.35 set in 2024 and touched a fresh peak of 26,325.80 last Monday. However, selling pressure emerged above the 26,300 level, indicating that upside momentum may have been exhausted.Sahaj Agrawal, Senior Vice President and Head of Derivatives Research at Kotak Securities, noted that a critical technical swing […]
In a movement that reforms the global real estate landscape, Compass announced on Monday that it will acquire a rival company everywhere, which consolidates some of the greatest branches in the industry. The all-stock transaction is roughly appreciated US $ 1.6 billion. The combined company will be worth around US $ 10 billion and will […]
The Indian market ended lower on Friday and stopped a six-day winning run, while investors became careful for the Federal Reserve chairman Jerome’s comments on the Jackson Hole Symposium and brace fresh American rates on Indian goods, in the midst of other counter-winds weigh on sentiment. The BSE SENSEX fell 693.86 points, or 0.85%, to […]
For most investors and traders, technical analysis can often be filled overwhelmingly with complicated graphs, patterns and unknown terms. However, one indicator has succeeded in cutting this complexity with its simplicity and popularity: the relative strength index (RSI). RSI is widely used to identify when a shares or index can be ‘overbought’ or ‘sold over’, […]