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Share market update: Nifty Private Bank index rises; RBL Bank up over 1%

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NEW DELHI: Shares of private sector banks were trading in the positive zone with the Nifty Private Bank index up 0.14 per cent at 15,188.20 around 02:54 pm on Thursday.  Shares of RBL Bank (up 1.49 per cent), Federal BankNSE 1.78 % (up 1.14 per cent) and IndusInd Bank (up 0.88 per cent) were trading higher .  South Indian Bank (up 0.33 per cent), ICICI Bank (up 0.22 per cent) and YES Bank (up 0.20 per cent) too were trading with gains.  Benchmark NSE Nifty50 index was up 62.50 points at 10,792.35 while the BSE Sensex was up 225.51 points at 35,875.45.  Among the 50 stocks in the Nifty index , 26 were trading in the green, while 23 were in the red.  Shares of YES Bank, Indian Oil Corp, Bank of Baroda, Infosys, Idea Cellular, SBI, Vedanta, RIL, BEL and ONGC were among the most traded shares on the National Stock Exchange.  For More Details, You Can Contact On:  HELPLINE NO: +91-9770099099 For Free Trial:  http...
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Gold prices flat ahead of Trump-Xi meet at G20 summit

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BENGALURU: Gold prices were flat early on Friday as the dollar steadied ahead of the G20 meet in Argentina this weekend, where US and Chinese leaders are scheduled to discuss trade matters after months of tensions.  Fundamentals  Spot gold was flat at $1,223.77 per ounce at 0126 GMT . Prices had hit a one-week high of $1,228.96 per ounce on Thursday.  US gold futures were down 0.2 per cent at $1,221.6 per ounce.  Palladium was up about 0.2 per cent at $1,183.20 per ounce after hitting a record high of $1,190 earlier in the session. The metal was on track to mark its best month since December 2017.  The dollar index , which measures the greenback against a basket of six major currencies, traded marginally higher at 96.79 on Friday.  Share markets ticked slightly lower in early Asian trade as investors looked to the G20 summit.  US President Donald Trump sent mixed signals on Thursday about the prospects for a trade ...
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Tech view: Nifty forms small bullish candle but bears are still in the game

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NEW DELHI: Nifty50 on Friday climbed for a third straight session and formed a small bullish candle on the daily chart. The index made higher high higher low formation for the second in a row, suggesting momentum was shifting in favour of the bulls.  That said, the tug of war with the bears is evenly balanced. Levels around 10,890 would be crucial for Nifty, a breach of which may intensify buying momentum.  “The index touched its 78.6 per cent retracement level and traded around it throughout the trading session. However, in the final hour, the index cooled off a bit. Bears are still in the game as they managed to defend the 78.6 per cent retracement mark,” said Gaurav Ratnaparkhi , Senior Technical Analyst at Sharekhan by BNP Paribas.  Ratnaparkhi feels the 10,764 level will be a crucial support level. “The scope for a correction towards 10,534 and beyond is likely if the index breaches the level. On the flipside, 10,985 will be a key resistance level to watc...
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