Nifty futures will start the December series at higher open interest (OI) base with futures rollovers standing at 79% as against 76% averaged over the last three series, Nuvama said in a note. It expects Nifty to trade in a broad range of 23,450 to 25,000 with heightened volatility at play. At Rs 30,800 crore…
Foreign direct investment (FDI) equity inflows into India rose 43.1% on-year to $13.6 billion in July-September this fiscal, data released by the Department for Promotion of Industry and Internal Trade (DPIIT) Friday showed. FDI inflows were $9.5 billion in the year ago period. Total FDI, which includes equity inflows, reinvested earnings and other capital, grew…
Bilateral trade between India and Russia has reached a record USD 66 billion in 2024, marking a significant increase over the past five years, according to a senior Russian diplomat. India and Russia aim to achieve USD 100 billion in bilateral trade by 2030. Recent dialogues have focused on diversifying trade and increasing investments in…
Trading in a Holiday Season Lots have been said on this issue, and all of it was more or less right. Trying to guess the next move on any given pair can be at least difficult if not impossible. There are many reasons behind it, and I am going to highlight the most…
In the fast-paced world of forex trading, staying ahead means having the right tools at your fingertips. The Volatility Master Indicator offers traders a bird’s-eye view of market activity, highlighting the most volatile symbols in real-time, while the Hydra Trend Rider confirms precise trend shifts with unmatched accuracy. Together, these indicators simplify market analysis, saving…
The shooting star price action pattern is a bearish signal that signifies a higher probability of the market moving lower than higher and is used primarily in down trending markets. In essence, it is the opposite of the hammer pattern. Here is an example of what a shooting star candle looks like: …
Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies for trade. Ryabkov highlighted ongoing efforts to strengthen the bloc’s economic independence, with authorities actively…
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling dual-use products and facing challenges with international payments, particularly with China. Russian Firms Explore…
August 23, 2024August 23, 2024 According to the Global Trade Research Initiative (GTRI), the United States became India’s primary trading partner in the first half (H1) of this year. At the same time, India experienced its largest trade deficit of USD 41.6 billion with China during this period. The GTRI…
HOW INSTITUTIONS TRADE AND HOW CAN WE SPOT THEIR TRADE LOCATIONS? Today, I will tell you something you have seen nowhere before. The knowledge would completely transform your trading and how you utilize expert advisors. With after some practice, you will see the most profitable trades come after the method I will tell you right…