Page 10 - Senior Technical News Today

Traders will be tracking HSBC Composite PMI Flash, HSBC Manufacturing PMI Flash, and HSBC Services PMI Flash, scheduled to be released on February 22. On the same day, monetary policy meeting minutes are going to be released.

Gold is on its way to having its largest drop in two months after some inconsistent economic data from the US made it unclear what the Federal Reserve might do next about interest rates, Neha Qureshi, Senior Technical & Derivative Analyst at Anand Rathi Commodities & Currencies said.

According to Axis Securities, GAIL also delivered a dividend of Rs 9.5 per share with the highest dividend yield of 5 per cent among PSU stocks in the last 12 months.

Day trading stocks: Market experts have recommended nine stocks to buy today — Solar Industries, Taj Gvk Hotels & Resorts, DLF, Kotak Bank, Havells, Natco Pharma, Inox Wind Ltd, Suven Pharmaceuticals Ltd and Poonawalla.

Digital behavior is altering a physical space hundreds of years older than the internet itself.

For Tuesday, analyst from a brokerage has assigned Buy calls on Wipro, Kalyan Jewellers and Dr Reddys shares.

Nifty Bank rallied more than 600 points to close at 45,502. The Nfty50 closed with gains of over 100 points above 21,700. PNB, ICICI Bank, Bank of Baroda, and IDFC First Bank led the gains, while some profit-taking was seen in Bandhan Bank as well as AU Small Finance Bank.

Gold and silver contracts resumed trading on Tuesday after a four-hour delay amid a technical glitch that forced a shutdown of trade on the Multi Commodity Exchange (MCX).

Benchmark indices ended higher on Tuesday led by gains in banking and healthcare stocks. Sensex rose 483 points to 71,555 and Nifty gained 127 pts to 21,743. BSE investor wealth climbed to Rs 380.77 lakh crore. Banking and healthcare shares were the top sectoral gainers with their indices rising 736 points and 258 points, respectively on BSE. On the other hand, the BSE metal index slumped 389 pts to end at 26,608.

On the Comex, gold futures were trading at $2,049.20 per troy ounce, up by $1.30 or 0.06%, while silver futures were hovering at $22.670 per troy ounce, up by $0.034 or 0.150%.