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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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News
US Stocks Rebound on Inflation Data and Regional Bank Bounce, Moody’s Downgrades Banking Sector Outlook
US stocks rebounded on Tuesday following the release of inflation data and a bounce in regional banks. Moody's downgraded the US banking sector outlook, while oil prices and China's industrial output also made an impact. Meanwhile, the Nifty index fell again due to the ongoing banking crisis in the US.
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Market
Indian markets set to open flat to slightly lower, reflecting mixed Asian markets and despite higher US markets on Thursday. Range-bound trading expected.
U.S. stocks rebounded in volatile trading after Wednesday's selloff. Concerns about banking sector stability and a credit crunch still loom.
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