Propelled by increasing commodity prices, the 15 constituent Nifty Metal index crossed the 10,000 mark for the first time ever in Tuesday’s session, before closing nearly 4% higher at 9,981.The Nifty Metal index has been on a rising spree, making new highs since the second half of 2023. The index also made new all-time highs in 5 consecutive trading sessions.
Open FlipIndustry associations have formulated a framework for the effective implementation of verification of market rumours under Sebi regulations. The regulator in a notice said the above move facilitates ease of doing business. The industry associations that are part of the Industry Standards Forum (Assocham, FICCI, and CII) and the stock exchanges will publish the standards notes on their websites.
Open FlipPredicting market trends often feels more like art than science. Yet, despite its complexity, the data available can help decipher the nuances of stock movements. The TipRanks Smart Score is a perfect example. Scanning through the whole of the database and assembling the information for every stock according to 8 categories known to predict future share performance.
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