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Nifty, Nifty Bank and Sensex failed to sustain higher after opening the week on a positive note. They fell back and remained stuck in a narrow range all through last week. Nifty and Sensex were down marginally while Nifty Bank managed to close the week slightly higher. The price action over the last two weeks…
Here’s where things stand on Sunday, June 1: Fighting The governor of Russia’s Bryansk, Alexander Bogomaz, said seven people were killed, and 30 were injured in a train derailment in the region bordering Ukraine. Moscow Railway said in a post on Telegram that the derailment and bridge collapse was a result of “illegal interference in…
Ana Faguy BBC News Reporting fromClarksdale, Mississippi Reuters/ Kevin Wurm When Edna Nicole Luckett sings the Blues on the stage at Red’s, her voice, deep and soulful, echoes against the walls. The juke joint in Clarksdale, Mississippi is one of the last of its kind in the region, a landmark for a bygone era of…
The dollar index continues to remain under pressure. The index rose to a high of 100.48 but failed to sustain. It fell back sharply from there to close the week at 99.33. The US 10Yr Treasury Yield is also showing signs of weakness. The Personal Consumption Expenditure (PCE) data release on Friday did not have…
DEVELOPING STORYDEVELOPING STORY, Train veers off the tracks in Russia’s Bryansk region after ‘illegal interference’ caused a bridge to collapse, officials say. A passenger train has derailed in Russia, killing at least seven people and injuring 30 others, after colliding with a bridge that collapsed because of what local officials described as “illegal interference”. The…
Shefalee Vasudev Fashion writer Getty Images Diljit Dosanjh made his Met Gala debut dressed like an early 20th Century maharajah Indian singer Diljit Dosanjh’s Met Gala debut last month left a lasting impression on global fashion. The 41-year-old singer, who is the only Punjabi musician to perform at Coachella, walked the red carpet dressed like…
Container Corporation of India (₹783) Bulls gaining traction The stock of CONCOR (Container Corporation of India) has been on a recovery ever since hitting a 52-week low of ₹601.65 on March 3. A couple of weeks ago, it surpassed a resistance at ₹720 and broke out of a trendline resistance. This has turned the momentum…
Voters in South Korea are choosing a new president to replace Yoon Suk-yeol who was impeached and removed from office over his brief and ill-fated martial law bid in December. The snap election on June 3 is pivotal, with implications for South Korea’s democratic future, as well as its ties with China, the United States…
At least seven people have died after a highway bridge collapsed in a region close to the Ukraine border, according to Russian emergency services. The bridge in Bryansk brought down several heavy trucks onto a moving passenger train, with 30 people, including two children, also reportedly injured. The Russian Emergencies Ministry said fire and rescue…
I am holding UCO Bank shares at an average price of ₹38. Should I continue to hold or exit the stock? Narasingh Mohanty UCO Bank (₹33): The trend is down. Support is around ₹27 which is holding for now. The stock made a low of ₹26.8 in April this year and has bounced from there. Resistance…
