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A total of five young Bahamian sailors competed in the ILCA (International Laser Class Association) 6 class at the CORK International and Olympic Regatta 2023 as part of the August Regatta Series in Kingston, Canada, from August 8-11, 2023. The August Series starts with the CORK International Optimist Regatta, held August 3-6, 2023, in which Patrick
Despite penetrating the 19620 region which had so far thwarted several downside attempts, the swing higher towards close on Friday is very encouraging, having bounced off 20d SMA.
This past week in Southport has brought nothing but sunny days without a cloud in the sky. As we hoped for last week, the fog and rain finally let up and allowed us to actually feel like it’s summer. The wind around Cozy Harbor was just perfect; not...
The beginning of the August series has seen profit booking and the unwinding of positions across sectors, causing volatility in the Indian markets. Nifty's YTD gain is 8.51%, and both Nifty and Bank Nifty are showing signs of a pause following overheating concerns. Sectors that may outperform include banking, FMCG, pharma, realty, and auto. However, investors should remain cautious and look to consolidate their gains, particularly with single stocks that have experienced significant price spikes, such as Jyothy Labs, Godfrey Phillips, and REC.
The rollover in Nifty futures to August was about 80% against the three-month average of 79%, according to provisional data. A rollover happens when a trader closes the position before expiry and opens a similar new position in the next month's contract. The process happens only in futures contracts.