Wed, Mar 22, 2023 11:50 AM
Today's gold price is sluggish ahead of the FOMC meeting
A Flip by Gaurav
The government announced a complete waiver of the inter-state transmission system charges on offshore wind, green hydrogen and ammonia projects for 25 years. The waiver is applicable to projects commissioned till December 31, 2032. "This decision has been taken to facilitate wider execution of offshore wind energy initiatives, to promote the expansion of green hydrogen/green ammonia projects.
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ICICI Direct recommends selling USDINR between the range of 82.72 and 82.73. The target for this trade is 82.55, while the stop loss should be set at 82.88. Additionally, the support levels to keep in mind are 82.55 and 82.45, while the resistance levels are 82.90 and 83.05.
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New Delhi Television is the second one from Adani Group to be moved to short-term additional surveillance by stock exchanges, with effect from Tuesday. Last week, Adani Enterprises was moved under short-term additional surveillance. The move by the bourses comes after the recent rally in the stock price. Since May 22, the stock has gained nearly 28%.
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