Nifty started Thursday on a negative note and stayed under pressure throughout the day, settling negatively at 24,549 levels. The volatility index India VIX dropped by 0.58% to 13.19 levels, indicating a decrease in market volatility. Technically, on the daily chart, the index formed a small red candle. The index has retested the rounding bottom…
The British Virgin Islands (BVI) High Court has approved the seizure of £20 million ($25 million) from Nigeria’s foreign assets by Chinese investors Zhongshan Fucheng Industrial Investment Co. Ltd. The ruling follows a failed trade zone agreement signed in 2007 between the Ogun State government and Zhongshan. According to a Peoples Gazette report, Justice Paul…
A small positive candle was formed on the daily chart on Wednesday with an upper shadow. Technically, this formation indicates a type of bullish inverted hammer-type candle pattern, not a classical one. A sustainable move above the high of this pattern at 24,605 could confirm the positive pattern for the short term. The underlying trend…
A trade deal with India remains a “priority” for the UK, Business and Trade Secretary Jonathan Reynolds said during the Labour Party-led government’s flagship International Investment Summit in London which coincided with the launch of a new Industrial Strategy green paper. “The Gulf and India are the priority. I think there are clear economic and…
A long bear candle was formed on Nifty’s daily chart, which indicates a continuation of steep downside momentum. The positive chart pattern like higher tops and bottoms on the daily chart seems to have been negated by Nifty moving below the last higher bottom of 24,753 levels in today’s session. The underlying trend of Nifty…
The #EndBadGovernance protest march continued in Osogbo, Osun State capital on Wednesday, just as members of the ‘Take It Back Movement’ alleged that police operatives seized vehicles and speakers it hired to create awareness during the exercise. The protesters, comprised mainly of Omoyele Sowore-backed group members, converged on Freedom Park, Osogbo, to begin the day’s…
By James Agberebi 29 September 2024 | 7:32 pm Controversial activist Martins Otse, known as VeryDarkMan, has responded to social media star and Nigeria’s foremost crossdresser, Bobrisky’s threat of a N1 billion lawsuit for alleged defamation, revealing that the integrity of many people will go down. Today, Bobrisky’s legal team accused VeryDarkMan of…
Shares of defense PSU Mazagon Dock Shipbuilders are expected to be in focus today, as the company has set September 19 as the record date for determining shareholder eligibility for dividend payments. Consequently, today is the last opportunity to purchase shares to qualify for the announced dividend of Rs 12.11 per share, which was declared…
Sunrise around the Bund river district on November 02, 2023 in Shanghai, China. James D. Morgan | Getty Images News | Getty Images Asia-Pacific markets were higher on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year. The S&P 500 gained…
Free trade agreements (FTAs) have been a cornerstone of U.S. economic policy for decades. While often regarded as a means to boost economic growth, they come with their own set of advantages and disadvantages. Trending Searches SEARCH ALL JOBS Whether you’re interested in the benefits these agreements bring to countries or the potential pitfalls they…
