The Nifty remained positive throughout the session to close half a percent higher on December 12, thanks to a dovish commentary from the US Fed and ahead of the UK exit polls. Banks, auto and metals stocks led the market higher, though IT capped gains.The index failed to hold on to the psychological mark of 12,000 touched intraday but closed above the 13-day exponential moving average (EMA), which indicates that the positive trend can continue in the coming sessions, say experts.The index formed a bullish candle on daily charts as the closing was higher than the opening value.Close India VIX fell by 0.24 percent to 13.34 levels. Lower volatility could support the index to attract support- based buying interest with a rangebound bias. related news Demand looking up for autos; these stocks likely to gain the most Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing? After … [Read more...] about Technical View: Nifty forms bullish candle, a close above 13-day EMA points to positive trend ahead
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Indian market witnessed a late recovery in the second half of the trading session on Wednesday which pushed the S&P BSE Sensex by nearly 200 points while the Nifty50 reclaimed 11900 levels.Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 172 points to 40,412 while the Nifty50 closed with gains of 53 points to 11,910 on Wednesday.Close Sectorally, the action was seen in Oil & Gas, IT, as well as realty space while profit-taking was witnessed in capital goods, telecom, and metal stocks. related news In The News podcast | Massive protests against CAB in Northeast; Rohingya massacre case at ICJ; UK elections 2019 and more MC Special podcast | Banking lessons from the PMC Bank fraud case Taking Stock: Bulls charge D-St! Ujjivan Small Finance up 50% on listing day What to watch out for on Thursday?Well, after a massive 166 times subscription to its initial public offering (IPO), all eyes are now on the listing of Ujjivan Small Finance … [Read more...] about Early on D-Street | Bullish momentum to strengthen if Nifty manages to hold 11,832
Student protests in Jawaharlal Nehru University (JNU) against hostel fee hike, are showing no signs of simmering down. On December 9, students marching towards the Rashtrapati Bhavan were reportedly baton-charged by the police. Many were detained.According to JNU Students' Union (JNUSU) president Aishe Ghosh, "Several students, including women, have been detained by police which brutally attacked the protesters, asking us to go back to campus."Students, who were seen raising slogans like "Delhi Police go back" and "Education must be free for all", said that they will not budge until their demand for a complete rollback of the hostel fee hike is met. The JNUTA, a teacher’s association, has also called a sit-in in solidarity with the student’s demands.Close The students have been protesting for over a month and have now called for boycotting of examinations till their demands are met. The Ministry of Human Resource Development (HRD) is holding parleys with the student council … [Read more...] about JNU students not alone in protesting against fee hike: Here are varsities missed by national media
In light of protests against the Citizenship Amendment Bill intensifying in the Northeast, Meghalaya Chief Minister Conrad Sangma announced on January 29 that 10 political parties, including allies of the BJP, have unanimously opposed the bill.Meanwhile, a conglomerate of 64 civil society organisations has called for a statewide 24-hour strike in Manipur on January 30.The contentious bill has the capability of ruining the prospects of the saffron party in the Northeast given the vehement opposition by regional parties, even the BJP’s allies.Close The bill seeks to amend the Citizenship Act, 1955 so as to make illegal immigrants who are Hindus, Sikhs, Buddhists, Jains, Parsis and Christians from Afghanistan, Bangladesh and Pakistan, eligible for Indian citizenship. related news In pics | Massive protests against Citizenship (Amendment) Bill in Northeast, other regions Anti-Citizenship (Amendment) Bill protests: People defy curfew, police open fire in Assam Jharkhand … [Read more...] about Why is BJP firm on Citizenship Amendment Bill despite violent protests and risk of losing Northeast?
Popular messaging app WhatsApp will soon end support for millions of devices starting next year. The company has announced its withdrawal of support for some smartphones running on Windows, Android, and iOS mobile operating systems.Earlier this year, WhatsApp had already announced that the messaging app would stop providing support for all Windows Phone following December 31, 2019. Some Android and iOS devices, too, would not get WhatsApp support starting February 1, 2020.WhatsApp recommends users who are using Android devices running on version 2.3.3 and older to upgrade to the latest version.Close WhatsApp for iPhone requires iOS 9 or later. The Facebook-owned app has announced that iPhones operating on iOS 8 or older will be able to use the service until February 1, 2020. These users can no longer create a new account or reverify their existing account related news Samsung dominates 5G smartphone market with a 74-percent share Redmi Note 7 Pro, Vivo S1, Apple iPhone 11 … [Read more...] about WhatsApp won’t support millions of Windows, iOS and Android smartphones starting next year