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Source: Live Mint This triggered risk aversion among investors, weakening the rupee and pushing bond yields higher. The volatility index (India VIX) surged more than 10%, reflecting growing market uncertainty. Profit booking in banking, financials, energy, auto, pharma, and metal stocks contributed to the decline. Adding to the pressure, hawkish comments from the US Federal…
Source: Live Mint On Friday, the Nifty 50 traded with increased volatility but managed to hold above 24,300 points, maintaining its broader uptrend. Despite sharp intraday fluctuations the index remained resilient, reflecting underlying bullish sentiment. Barring Nifty Media and IT, all major sectoral indices closed in the red, with consumer durables, metal, pharma, and realty…
Source: Live Mint Here are the best stock recommendations for Wednesday, 16 April, which you could consider trading in our view. Today’s picks are from the banking, tech, and fertilizer sectors. Three stocks to buy today, as recommended by Ankush Bajaj: Buy: BHEL (current price: ₹221.80) Why it’s recommended: The stock has reached a new…
