Tag: hit

Adani Group Shares: Chart Check: Why Adani Group Shares May Hit New 52-week Highs in the Next 6 Months

Adani Enterprises, part Adani group of companiesgrew by just over 50 percent over the past year, and the charts show growth is likely to continue. Shares hit a 52-week high of Rs 2,420 on April 27, 2022, but then the trend reversed. The recent price action has pushed the stock above the 50-DMA, which is […]

Dollar: dollar shortage could hit companies with foreign currency loans

Mumbai: signs dollar there is a shortage in India and several companies borrowing foreign currency from abroad could face some headwinds, according to the Central Bank Financial Stability Report (FSR) said. “There are also signs of stress in short-term dollar funding,” the report said. “With the announcement of sanctions, the forward interest rate agreement — […]

FPI: exit mode: FPI sales in the first half of 2022 hit a record Rs 2.1 million.

IFP capital outflows set several records in June amid broader macroeconomic uncertainty such as a likely recession in the US, aggressive rate hikes central banks and global slowdown. Sales so far in 2022 at Rs 2.1 million is the highest in the entire first half of any calendar year as well as the second highest […]

rupee record low: The rupiah hit a new all-time low against the dollar. Here’s what analysts say

NEW DELHI: rupee fell to an all-time low of 78.86 on Wednesday against U.S. dollar on the open. Several analysts said it was only a matter of time before it hits 79. The partially convertible rupee traded at 78.94/95 to the dollar. The currency closed at 78.77 on Tuesday. “Because the stock markets decided that […]

Volodymyr Zelenskyy: Russian missiles hit a crowded shopping mall in central Ukraine – President Volodymyr Zelenskyy

Russian missile attack on a crowded shopping mall in a central Ukrainian city Kremenchug Monday President Vladimir Zelensky said. More than 1,000 people were inside the mall at the time of the attack, he said. He did not give details about the victims, but said: “The number of victims is unimaginable.” “Hope for decency and […]

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