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Number 13 proved ominous for Dalal Street and Nifty bulls as markets faced heavy selling pressure. Both Nifty and Bank Nifty tested their 200-DMA, reacting sharply to inflation surging to a 14 ...
The yellow metal hit a daily peak of $2,618 but retreated as US Treasury yields climbed, and the Greenback extended its gains to a new year-to-date (YTD) high, according to the US Dollar Index (DXY).
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Other sectors joined the slide: Nifty Bank, Pharma, Healthcare, Energy, FMCG, Infra, and Metal also slipped by up to 2 percent on the bourses. India VIX, the barometer to asses market anxiety ...
Business Today Nifty Slides 10% From Peak As Inflation Soars; Swiggy Shines, Acme Solar Stumbles Posted: 13 November 2024 | Last updated: 13 November 2024 Number 13 proved ominous for Dalal Street ...