Wed, Apr 24, 2024 10:10 AM
Everest says spice mixes are ‘safe for consumption'
A Flip by Shubhangi Gupta
📌For traders now, the immediate breakout level for Nifty is 23,850, or the 200-day SMA. 📌For Bank Nifty, the 200-Days Simple Moving Average (200-DSMA) is placed at around 50,560. 📌A combination of thin holiday trading and weak global cues kept investors on edge. 📌Stocks to buy: InterGlobe Aviation Ltd (Indigo), Man Infraconstruction Ltd , Union Bank of India, HPCL.
Open Flip
Japanese equities opened higher Friday on the yen’s weakness, following a lackluster day on Wall Street that saw muted moves in stocks and government bonds. Shares in Tokyo rose after the yen dropped to a five-month low of 158 per dollar in the previous session, following Bank of Japan Governor Kazuo Ueda’s comments Wednesday that avoided giving a clear signal on interest rates next month.
Open Flip
Oil drifted in thin end-of-year trading, with investors assessing the outlook for 2025 while tracking developments in the Middle East. West Texas Intermediate steadied below $70 a barrel, after shedding 0.7% on Thursday, when Brent also settled lower. A gauge of 10-day volatility for the US crude benchmark has ebbed to the lowest since 2021.
Open Flip
