‘Sell on rise’ mood may weaken Nifty further: Analysts

Conversely, if Nifty crosses and sustains above 24,350, it could gain buying momentum, pushing the index towards the 24,500- 24,750 levels. The weekly RSI is moving downward and is positioned below its reference line, indicating a negative bias.

Sky Gold board approves 9:1 bonus issue after 418% stock rally in one year

Sky Gold’s Board has approved a bonus issue of shares in a 9:1 ratio, meaning investors will receive 9 additional shares for every share they hold. The record date for the issuance will be announced later. Bonus shares are fully paid additional shares that aim to enhance liquidity and lower the stock price.

Diwali Delights: These 10 penny have soared over 100% since last year

Since last Diwali, the benchmark Sensex index has surged by around 22%. Amid this impressive rally, several penny stocks have transformed into multibaggers. ETMarkets identified 10 penny stocks that have gained between 100% and 300% during this period. The selection focused on stocks with a market capitalization below Rs 1,000 crore, a share price under […]

Gold at new lifetime highs: Is it safe to invest now?

Gold prices recently surged to a new lifetime high, driven by uncertainty surrounding US presidential elections and declining job numbers, despite reports of weak demand from China. The metal has been on a bullish trend, supported by escalating geopolitical tensions, US Federal Reserve rate cuts, a weak global growth outlook, and strong demand from central […]