From a technical perspective, Nifty has marked the 17,900-17,950 zone as an intermediate top. This also gets reflected in the Options data, which shows highest Call Open Interest at strike price 18,000 after heavy Call writing activities.
The plans follow an announcement in June that the Indian conglomerate will invest in projects of Abu Dhabi National Oil Co. to produce chemicals that can be used for infrastructure and consumer goods.
Choppy markets would always tempt you Γ’β¬Εto trade through short-term volatility, but one needs to remain true to the bigger goal of making strategic moves, instead of constantly going for tactical trades,Γ’β¬Β Ellenbogen said.
ESG strategies are sustainable and have proven they can offer good returns. According to the Morgan Stanley Institute for Sustainable Investing, February 2021 Sustainable Funds outperformed their traditional peers. The report also revealed how monies invested in sustainable businesses offer lower market risk.
Nifty50 made a big bearish candle after eight weeks of sharp rise. Although Nifty is now trading around some short-term averages, it is still outperforming its global peers and trading overbought in the short term.
Algo-trading constantly monitors markets and places orders when conditions match a set of parameters such as volume, price, resistance, support, or any other factor that the trader or market participant is comfortable with.
Federation of Hotel & Restaurant Associations of India, which had filed a complaint against the company in the CCI, said the investigation is ongoing and Γ’β¬ΛmanyΓ’β¬β’ Oyo partners have indicated that they will approach Sebi and the finance ministry.
For the first time, it is wooing such a large gathering at an international forum - DubaiExpo2020 - next week where representatives from more than 190 countries will participate. Two dedicated panel discussions will detail business opportunities in the GIFT City.
The CR was at 0.63 in the corresponding period last year. This gauge is even better than the first six months of the fiscal year 2020, which had pegged at 1.05. CR below one indicates deteriorating financial health of the corporate sector.
In the present scenario, if the government hit/not raise the debt ceiling limit, it could lead to a delay/default on its obligations. The US government would be forced to default om many of its obligations, including the social security payments.
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