Foreign investors continue to exhibit confidence in the country’s equity market, injecting Rs 19,860 crore in May driven by favourable global economic indicators and strong domestic fundamentals. This positive momentum follows a net investment of Rs 4,223 crore in April, data with the depositories showed. Prior to this, foreign portfolio investors (FPIs) had pulled out…
Former presidential candidate of the African Action Congress (AAC) and the convener of the Take-It-Back movement, Omoyele Sowore, has commended the success of the 10-day #EndBadGovernance protests in Nigeria. During an X Space discussion titled “#EndBadGovernance in Nigeria Protest: What Next?” held on Saturday, Sowore highlighted the achievements of the protests, which he said were…
Nifty ended Monday’s trading session 22 points lower near the 20,500-level as traders adopted a cautious approach ahead of the presentation of the Union Budget on Tuesday. The daily and hourly momentum indicator has a negative crossover which is a sell signal. Crucial support levels to be kept handy are 24,265 (20-day moving average) and…
