The market is making a sharp recovery after hitting a low of 24,400, which acted as a resistance, as things are cooling down and the reaction to the Israel-Iran escalation is stabilizing for now. In today’s market, Nifty 50 has gained nearly 227 points on the upside, reaching close to the 25,000 level again. However, … Read more
SBI is considered one of India’s biggest public sector banks, with nearly more than 45 crore accounts in the Indian banking system, making it the largest bank in terms of the number of accounts. It has a strong presence in both rural and urban sectors. If we look at the numbers, SBI reported a profit … Read more
The bullishness of the Nifty50 continues, as it has recorded consecutive gains above the 25,000 level. Today, it attempted to close near the 25,200 level, but after facing pressure during the middle of the session, it managed a modest gain of 37 points, closing at 25,141. Nifty opened slight gap up following the US-China trade … Read more
The market has shown strong bullishness following multiple surprises from the RBI, as they implemented a rate cut of nearly 50% and also unexpectedly reduced the CRR. This caught most analysts off guard and gave the market strong upward momentum, with the index closing above the 25,000 level, gaining 252 points. The market started off … Read more