Stock Market: “Indian markets witnessed a sharp fall on the back of rising geopolitical tension between Russia and Ukraine. This geopolitical tension is leading to a sharp rise in crude oil prices which is another headwind for Indian equity markets.
Adani Wilmar Shares Decline Ahead Of Earnings
Adani Wilmar Shares Decline Ahead Of Earnings
- Shares of Adani Wilmar Ltd. fell over 7.5% in intraday trade.
- This is the second day the shares have declined
- Since its debut on Feb. 8, the stock has zoomed nearly 40% in just five sessions.
- The company is scheduled to release its December-quarter earnings today.
MRF Logs Worst Intraday Loss In Three Weeks; Stock At A 15-Month Low
Stock Market: Shares of MRF Ltd. fell 3.70%, the worst intraday loss in three weeks. The shares declined to Rs 65,708.05, lower than any close in 15 months since Oct. 30, 2020.
Gold Forecast: Will Gold Prices Fall or Rise? – Neal Bhai Reports
Gold Forecast: Tensions between Russia and Ukraine pushed the gold price to an almost two-month high at the end of the week.
Will MCX Silver Achieve The Target of 80000 in 2022? [11-02-2022]
Even as MCX silver future prices crashed by Rs 900 on Friday, brokerage firm said it believes this is just a blip and the white metal could spike as much as Rs 80,000 in the next 12-15 months.
Crude Oil Set for First Weekly Drop Since December on Iran Progress
Crude Oil headed for its first weekly loss since mid-December as Iran moved closer to reviving a nuclear accord that would lift American sanctions on its petroleum exports.
Nifty resistance at 17800 for this week’s F&O expiry
On the technical aspect, the three days of continuous buying spree indicates the market uptrend, wherein the key indicators have also turned bullish. As far as levels are concerned, the base for Nifty inched higher to 17500 followed by 17300 on an immediate basis. On the flip side, as the market gains momentum, the recent swing high of 17800 should easily be tested and any breach above the same could direct the index towards the psychological junction of 18000.