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Index Outlook: Election Results to Set the Tone for the Benchmark Indices

Last week, Nifty 50 and Sensex fell nearly 2%, while Nifty Bank ended down about 1%. Sectoral indices declined, with BSE IT and BSE Oil & Gas falling the most. With upcoming election results potentially causing volatility, caution is advised. FPIs sold $424 million in Indian equities, totaling $3.06 billion in May. Nifty 50 faces resistance at 22,800, with potential to drop to 21,800. Nifty Bank is range-bound between 48,000 and 50,000. Sensex must break 75,000 to target 76,500; otherwise, i...
Dow Jones Oil Gas Nifty Bank General Election Chart Source Dow Jones Industrial Average

Index Outlook: Sensex, Nifty 50, Nifty Bank: Can Rise Within the Range

Indian benchmark indices rebounded strongly last week despite initial support breaks, signaling robust buyer interest, while foreign portfolio investors continued selling Indian equities, potentially capping upside; short-term outlooks remain bullish for Nifty around 22,800-22,830 and Nifty Bank around 49,200-49,500, with caution advised for medium-term perspectives amidst potential consolidations and support levels, while Dow Jones also maintains a bullish trajectory, eyeing 41,000.
Nifty Bank Dow Jones Chart Source Dow Jones Industrial Average

Bright Simons: Bank of Ghana accused of plagiarism and IP theft

In some ways, though, his allegation is just as concerning. He is accusing the Bank of Ghana of basing a major policy initiative on a technical model he developed and shared with one of their most senior officials, but doing so sneakily and dishonestly to avoid acknowledging his contributions.
United States Bergsveinn Birgisson Murat Uysal Mahamudu Bawumia Kofi Arkaah Naci Agbal

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FAA: Unruly Airline Passenger Incidents Skyrocketed 3,168% in 2021 as Travelers Rebelled Against Mask Mandate

Airline passengers rebelling against the Biden Administration’s mask mandate for public transportation caused the number of unruly passenger incidents to skyrocket in 2021, Federal Aviation Administration (FAA) data show.
United States Centers For Disease Transportation Security Administration Aviation Administration Biden Administration Chart Source

FAA: Unruly Airline Passenger Incidents Skyrocketed 3,168% in 2021 as Travelers Rebelled Against Mask Mandate

Airline passengers rebelling against the Biden Administration’s mask mandate for public transportation caused the number of unruly passenger incidents to skyrocket in 2021, Federal Aviation Administration (FAA) data show.
United States Centers For Disease Transportation Security Administration Aviation Administration Biden Administration Chart Source

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