[ad_1] New Delhi: Rupee fell to an all-time low of 78.86 on Wednesday U.S. Dollar in the open. Some analysts said that it will touch the 79 mark. The partially convertible rupee was trading at 78.94/95 per dollar. The currency had closed at 78.77 on Tuesday. “As the equity markets decided that the downturn was not good for stocks, after all, the dollar index managed to open almost all of last week’s retracement in just one session. The dollar-yen exchange rate was above 136 this morning, and Jeffrey Haley, Senior…
Tag: Analysts
Rakesh Jhunjhunwala: Analysts split on India’s biggest airline as Jhunjhunwala, others set to fly higher
[ad_1] New Delhi: Big Bull Rakesh Jhunjhunwala All set to soar high as your dream venture akasa air received his first plane, Boeing 737 MAX – One of the most fuel efficient and green aircraft. Wings to Jhunjhunwala’s Dream Project may cause crash landings for existing enlisted and ill players such as ,Indigo) and as both the counters are hovering around their 52-week lows. IndiGo is India’s largest airline with 55.5 percent market share as of January 2022. IndiGo shares have retreated 32 per cent from their 52-week high, while…
Tech View: Nifty 50 turns Doji; Analysts uncertain about recovery ahead
[ad_1] nifty 50 Friday fell for the sixth straight day and formed an erratic Doji candle on the daily chart. On a weekly scale, it formed a long bearish candle. Analysts are unsure whether there could be a recovery from here. He said that the trend remains negative for the time being. Sameet Chavan Said that the index fell below the ’89-EMA’ for the first time since July 2020 on the weekly time frame chart, and this should be considered as a breakdown, which does not bode well for the…
Damani Stocks: This stock of RK Damani remains at a premium; Analysts see a rise of up to 36%
[ad_1] The Tata group firm recently came out with its annual report, which suggested the retailer is aggressively growing at all costs. The stock has performed exceptionally over the past five years, generating returns of around 35 per cent per annum. Some brokerage firms are seeing further gains of up to 36 per cent on Trent. This is despite some concerns about slowdown in demand in the near term in tier 2-3 cities. Radhakishan Damani, through his investment arm Derive Trading & Resorts, held 1.52 per cent stake in the…
Luna Price: ‘No Future:’ Analysts Weigh in on Prospects for New Luna Token
[ad_1] Since the supporters of unsuccessful Earth The blowout is coming as Blockchain launched a new digital token to compensate investors who were burned by one of crypto’s biggest busts. Luna 2.0, as the coin is known, emerged from the ashes of the crypto entrepreneur do kwonThe U.S. ecosystem, which collapsed after the TeraUSD algorithmic stablecoin at its center, fell from its dollar peg in early May. But any hope of a quick recovery seems to have faded for investors who lost billions of dollars in the crash, with only…