Tue, Sep 19, 2023 6:49 PM
Sebi imposes Rs 35 lakh fine on MI Research for flouting regulatory norms!
A Flip by Avya Verma
Shares of IRFC are trading with gains of up to 2% on Tuesday, September 10. The stock has gained about 70% so far in 2024 but is still ₹59 short of its all-time high ₹229, which it hit on July 15 this year. The stock is currently trading around the support zone, approximately at ₹170. Technical analyst Prakash Gaba recommended investors to continue to hold the stock for the long term.
Open Flip
Japan's Nikkei share average fell for a sixth straight session on Tuesday as investors exercised caution ahead of the U.S. inflation report and the Federal Reserve's policy decision. The Nikkei ended 0.16% lower at 36,159.16. The index rose as much as 0.9% earlier in the session as investors scooped up cheaper stocks after recent sell-offs.
Open Flip
Egypt’s inflation quickened after a reduction in fuel subsidies, disrupting a five-month streak of deceleration that was paving the way for the first interest-rate cut since 2020. Annual consumer prices in urban parts of the North African country rose 26.2% in August compared with 25.7% in July, state statistics agency CAPMAS said Tuesday.
Open Flip
