Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The Nifty has risen for the fourth consecutive session, to close at 17,340. It has gained 2,173 points from the bottom of 15,183 registered in June 2022. During this rally, the benchmark index has made higher top and higher bottom formation four times on the daily charts. It has also surpassed the major swing high of the previous top placed at 16,793. It has now reached above its 50, 100 and 200 days EMA (exponential moving average), which indicate bullish trend for the medium to long term. Oscillators like RSI and MFI (money flow index) have reached overbought zone on the daily chart of the Nifty. By closing above 17,300, the Nifty has taken out the 61.8 percent retracement of the entire downswing seen from an all-time high of 18,604 to the June 2022 bottom of 15,183. Surpassing 61.8 … [Read more...] about Hot Stocks | GSFC, Indoco Remedies, Balaji Amines can fetch 10-18% return in short term. Here’s why
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Small names, big leaps: Analysts pin their hopes on small-caps to make money
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Even though the recent rally in the market has been broad-based, small-cap stocks have been outperforming their larger peers, hinting that investors see growth coming from smaller companies. Since June 20, 2022 when the market hit the most recent bottom, the BSE Smallcap index has rallied nearly 18 percent. In comparison, the BSE Sensex has gained 13 percent and the BSE Midcap 16 percent in the same period. A cursory glance at the data shows outperformance is not centred on a single sector but across industries. Nonetheless, some of the biggest gainers come from auto ancillaries, capital goods, chemicals, construction materials and realty, IT and healthcare. Stocks of these sectors are benefitting from recovery in economic activities and capital expenditure that they have planned. For … [Read more...] about Small names, big leaps: Analysts pin their hopes on small-caps to make money
Is The White House Underplaying Inflation Risk? Here’s What The Experts—And Markets—Are Saying
Share to Twitter Share to Linkedin Biden officials and the Fed insist inflation is no big threat, but investors seem to be bracing themselves anyway. In a pre-recorded interview with The Atlantic’s Future Economy Summit released Tuesday morning, Treasury Secretary Janet Yellen indicated that if President Biden’s multi trillion-dollar spending plans are enacted by Congress, “it may be that interest rates will have to rise” to prevent the economy from overheating. It was the most overt acknowledgement to date by a Biden administration or Federal Reserve official that inflationary pressures exacerbated by unprecedented federal stimulus spending and a coming consumer boom might actually harm the economy. Markets dropped briefly following Yellen’s comments. Edward Moya, a senior market analyst at OANDA, a foreign exchange broker, described the remark as a “big oops”—until now, the White House and Federal Reserve have been consistent about careful … [Read more...] about Is The White House Underplaying Inflation Risk? Here’s What The Experts—And Markets—Are Saying
Mega Millions Winning Numbers For August 5, 2022: Jackpot $36 Million
(CTN News) – Today, May b, it is possible for you to win the Mega Millions lottery . Let’s See today if you are lucky to see the latest Mega Millions winning numbers. The Mega Millions Jackpot For Friday Drawing Has Reached $36 Million, With a Cash Option of $21.4 MILLION, according to the Mega Millions website . One of the largest lotteries in the U.S. is the Mega Millions Lottery . This lottery is conducted in several states across the United States . However, many states do not participate. Therefore, residents of those states must purchase a ticket from a lottery jurisdiction. Must Read: How To Connect Two AirPods To One iPhone? Mega Millions winning numbers for Friday, August 5, 2022 Mega Million winning numbers and results will be announced at 11 p.m. ET. Wait a while for the final results. Here are the Mega Millions Winning Numbers: The Mega Millions Winning Numbers and game is played every Tuesday and Friday. Did Anyone Win … [Read more...] about Mega Millions Winning Numbers For August 5, 2022: Jackpot $36 Million
Mega Millions Winning Numbers For August 9, 2022: Jackpot $52 Million
(CTN News) – Today, May b, it is possible for you to win the Mega Millions lottery . Let’s See today if you are lucky to see the latest Mega Millions winning numbers. The Mega Millions Jackpot For Tuesday Drawing Has Reached $52 Million, With a Cash Option of $30.3 MILLION, according to the Mega Millions website . One of the largest lotteries in the U.S. is the Mega Millions Lottery . This lottery is conducted in several states across the United States . However, many states do not participate. Therefore, residents of those states must purchase a ticket from a lottery jurisdiction. Must Read: Mega Millions Winning Numbers For August 5, 2022: Jackpot $36 Million Mega Millions winning numbers for Tuesday, August 9, 2022 Here are the Mega Millions Winning Numbers: 1 – 8 – 10 – 25 – 32 and Megaball 13 Megaplier was 3x The Mega Millions jackpot for Tuesday’s August 9, 2022 drawing has a $52 Million Jackpot , with a cash option of $ … [Read more...] about Mega Millions Winning Numbers For August 9, 2022: Jackpot $52 Million
Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack
New York (CNN Business) Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But while crypto exchanges were once the main point of attack, hackers now appear to have a new target: blockchain bridges. Bridges are the infrastructure that allow users to exchange assets between different blockchains, the digital database underpinning major cryptocurrencies. When a bridge service swaps one coin for another, it "wraps" the currency so that it will function on the other blockchain. A wrapped coin does not become another currency altogether -- "it just looks like it," Tom Robinson, chief scientist at blockchain analysis firm Elliptic, told CNN Business. Instead, a "token" is issued to represent the new coin on the different blockchain. "I deposit my Bitcoin in the bridge. In return for doing that, I receive a Bitcoin token on the Ethereum blockchain, and then I can transfer that Bitcoin token, which is what is … [Read more...] about Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack
Zomato CEO says ‘bullish’ on long-term growth, will add 7 million users each year
Zomato CEO Deepinder Goyal Despite its shares getting hammered over the past few months, food aggregator Zomato is confident of long-term growth, with the company's founder and chief executive officer Deepinder Goyal saying on July 12 that it will add 7 million monthly users each year over the next decade. "We are very bullish about the food delivery business over the long term. We will be able to add 7 million transacting users year over the next 10 years," Goyal said while speaking exclusively to CNBC TV18. Goyal's claim comes amid speculations over Zomato's growth curve plateauing, with COVID-19 fears fading away from restaurant customers and most of the pandemic-related restrictions being lifted. Zomato had, notably, witnessed a sharp spurt in orders during 2020 and 2021, when the coronavirus-induced lockdowns had led to the closure of in-dining facilities at restaurants and other eateries. Also Read | Zomato board approves deal to acquire Blinkit for Rs 4,447 … [Read more...] about Zomato CEO says ‘bullish’ on long-term growth, will add 7 million users each year
Calgary Flames Sign New Acquisition Jonathan Huberdeau To 8-Year, $84 Million Extension
Share to Twitter Share to Linkedin Fear not, Flames fans. The new Johnny Hockey isn’t going anywhere. Thursday night, the Calgary Flames announced that they’ve inked 29-year-old left winger Jonathan Huberdeau to an eight-year contract extension, with an average annual value of $10.5 million per season. The contract will take effect at the beginning of the 2023-24 season, and will run through 2030-31, when Huberdeau will turn 38. According to PuckPedia , the deal carries a no-movement clause throughout, and a full no-trade clause for the first six years. Huberdeau can submit a list of 12 approved trade destinations in the final two seaons of the deal. It’s a swift and tidy bit of business for Calgary general manager Brad Treliving. He watched his organization take two body blows earlier this summer when first-line forwards Johnny Gaudreau and Matthew Tkachuk both opted out of long-term futures with the organization. First, Gaudreau … [Read more...] about Calgary Flames Sign New Acquisition Jonathan Huberdeau To 8-Year, $84 Million Extension
The Launch Of HBO Max Had Minimal Effect On Q2 Due To Marketing Missteps
Share to Twitter Share to Linkedin The positive spin that AT&T T put on the launch of HBO Max does not reflect the reality of the Q2 results. On Thursday the CEO of AT&T, John T. Stankey, stated that, “HBO Max had a strong launch, on track to hit its targets we laid out for you last fall,” and that the launch was “flawless.” Perhaps the company lowballed expectations, but the results also reek of missed opportunities. While the report touts that HBO Max gained 4.1 million subscribers in one month, it barely slowed the bleed experienced by the traditional HBO. Combined, the traditional HBO and HBO Max finished the quarter with 36.3 million U.S. subscribers, up only 1.7 million (4.9%) from the 34.6 million at the end of 2019. The 4.1 million new subscribers all but vanished by the decline in cable and satellite subscribers. Worse, operating revenue fell for the combined HBO by 3.2% for the six-month ending. While AT&T states that HBO Max is … [Read more...] about The Launch Of HBO Max Had Minimal Effect On Q2 Due To Marketing Missteps
How NFL’s Escalator Factored Into New England Patriots Punter Jake Bailey’s $13.5 Million Extension
Share to Twitter Share to Linkedin Jake Bailey was once scheduled to earn a base salary of $965,000 in the final year of his rookie contract with the New England Patriots. What transpired during the 2020 regular season changed that figure for the punter out of Stanford. The NFL’s collective bargaining agreement includes a proven-performance escalator for players who are drafted outside of the first round and earn Pro Bowl honors on the original ballot within their initial three campaigns. Bailey, who had arrived in the fifth round at pick No. 163 overall, checked that box as a sophomore in addition to earning first-team All-Pro honors. Bailey averaged 48.7 yards per punt and topped the league with a net average of 45.6 yards through 16 games that year. And while also handling holding and kickoff duties, he put himself on track to earn a non-guaranteed $3.986 million two years later — all while ranking behind only the Seattle Seahawks’ Michael Dickson … [Read more...] about How NFL’s Escalator Factored Into New England Patriots Punter Jake Bailey’s $13.5 Million Extension