Benchmark BSE Sensex rebounded 147 points, breaking its five-day decline with gains in financial and FMCG shares. Key stocks: M&M rose by 2%, Federal Bank fell by 1.7%, and Pfizer India decreased by 1.2%. Analysts recommend buying M&M and Federal Bank at dips due to their long-term prospects, while Pfizer India offers promising upside.
The S&P 500 remained nearly unchanged on Wednesday, with Nvidia's positive revenue forecast potentially influencing AI sector investments. Investors reacted to President Trump's announcement of impending tariffs on EU imports and the possible delay of tariffs on imports from Mexico and Canada.
The 200-DMA is an indicator that shows the long-term trend of a stock or an index. When a stock or an index is below the 200 DMA, its in a long-term downtrend.
According to Sebi watchers, her efforts to make equity investing safer for investors were partly eclipsed by controversies around conflicts of interest and leadership style, which critics termed temperamental
IIHL's counsel, Abhishek Manu Singhvi, assured the court that previous issues with transferring equity funds to the escrow account have been resolved and asked for another 10 days to complete the deal. The court granted the extension and scheduled the next hearing for March 12.
RBI Tuesday after market trading hours cut the risk weight for banks on loans to NBFCs from 125% to 100% depending on the rating of the finance company
