Author: Enos Mwangi

The Indian stock market ended the week on a positive note, with the benchmark indices Nifty 50 and BSE Sensex recording gains on Friday. The Nifty 50 closed at 22,502, up 0.44%, while the Sensex closed 342 points, 0.34% higher at 74,005. The market witnessed a broad-based rally, with small and mid-cap stocks emerging as the best performers of the day. The Nifty 50 traded within a range of 22,345.65 to 22,502.15 during the session, reflecting the underlying volatility. The Sensex, on the other hand, oscillated between 73,459.80 and 74,070.84.  Despite small-cap and mid-cap stocks heavily steering the market upwards,…

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The Indian stock market witnessed a positive session on Friday, with the benchmark indices Sensex and Nifty closing higher. The BSE Sensex gained 253.31 pts, 0.34%, to settle at 73,917, while the Nifty 50 index advanced 0.28% to end at 22,466.  BSE Sensex Index: TradingView The market exhibited strength as small-cap and mid-cap stocks outperformed their larger counterparts. Lets dive in and look at the top 5 gainers for the day. Moil Ltd  Moil Ltd emerged as the top gainer on the Nifty 50, surging 19.99% to close at Rs 524. The stock touched an intraday and 52-week high of…

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XRP, the digital asset closely tied to the payment protocol developed by Ripple Labs, finds itself trailing the broader market amid the ongoing legal battle between the company and the U.S. Securities and Exchange Commission (SEC). Despite the uncertainty surrounding the case, a closer look reveals a surprising trend – whale addresses have been steadily accumulating XRP, suggesting that whale investors may be grabbing the opportunity presented by the market volatility. As of press, XRP trades at $0.516, down 0.27% in the last 24 hours and 0.17% in the last 7 days. Its market cap is $28.6 billion, ranking it…

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The popular meme crypto Shiba Inu (SHIB) is making moves that could catalyze a price rally. As of press SHIB is trading at $0.0000255, up 7.65% in the last 24 hours and up 12% in the last 7 days. It records a market cap of $15 billion  ranking 11th crypto asset while its 24-hour trading volume is at  $1.19 billion, a 33% increase in the last 24 hours SHIB Price Chart: CoinMarketCap After months of development, the long-awaited ShibaSwap decentralized exchange has officially launched on the Shibarium Layer-2 blockchain. This launch brings major utilities and expanded functionality to the…

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The Indian stock markets witnessed a slight bearish trading session on Wednesday, May 15th, with the benchmark indices Nifty and Sensex ending marginally lower. The Nifty 50 closed at 22,200.55, down 0.078% or 17.30 points, while the BSE Sensex shed 117.58 points, 0.16%, to settle at 72,987.03. BSE Sensex Index: TradingView Despite the flat close, both indices traded within a narrow range throughout the day, indicating resilience amid global uncertainties. The Nifty oscillated between a high of 22,297.55 and a low of 22,151.75, while the Sensex moved between 73,301.47 and a low of 72,822.66. Let us take a close look…

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The crypto market has been trading bearish lately, with major coins experiencing significant price drops and swings. Among them is BNB, the native cryptocurrency of the leading crypto exchange Binance. Despite the volatility, BNB remains a prominent player in the digital asset space, with its strong platform and innovative offerings positioning it for continued growth. As of today, BNB holds the fourth position in the crypto market by market cap, boasting a $84.1 billion valuation and trading at $569.25, a 3% drop in the last 24 hours. In the last 24 hours, BNB has also seen a trading volume of…

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Indian equity benchmarks Sensex and Nifty 50 continued their ascent for the third consecutive session Today, 14th May, rising 0.45% and 0.51%, respectively. The Sensex gained 328 points to close at 73,104, while the Nifty advanced 114 points to end above the 22,200 mark at 22,217. BSE Sensex Index The indices gained above key technical support levels, with both the Nifty 50 and Sensex gaining after completing and tapping the “double top neckline,” signaling a potential shift in momentum from last week’s market slump. However, despite today’s overall positive readings, top stocks showcased mixed performance alongside the best-performing stocks of…

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The Indian stock markets staged a recovery today after the Friday session’s selloff last week, with the benchmark Nifty 50 index rising 0.22%, 48.85 points to end at 22,104.05. The Sensex also inched up 0.15% or 111.66 points to close at 72,776.13. The markets witnessed a volatile trading session, with the Nifty swinging between an intraday high of 22,131.65 and a low of 21,821.05. The Sensex too moved in a wide range, hitting a high of 72,863.56 and a low of 71,866.01 during the day’s trade. Sensex found support at the double bottom and got a rejection, with today’s positive…

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Dogwifhat (WIF) has quickly emerged as a rising star in the crypto world, captivating investors with its blend of meme-inspired urge and genuine utility. With a market capitalization of $2.79 billion, it occupies the 37th spot. WIF  has demonstrated remarkable resilience amidst the volatile digital asset landscape. However, it has faced continued bearish pressure over the last several weeks, with WIF prices dropping by 7.19% in the last 24 hours and over 16% in the last 7 days. Its trading volume in the last 24 hours currently stands at over 237 million. WIF Price Chart: CoinMarketCap At its core,…

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The Indian stock market remains closed on May 11th for a weekend. However, it witnessed a bullish trend on Friday, the 10th, to end the week on a high note, with the benchmark indices Nifty 50 and Sensex closing high. The Nifty 50 gained 0.44% to settle at 22,055.20, while the BSE Sensex rose 0.36% to end the session at 72,664.47. The Nifty 50 index breached the crucial 22,000 mark, indicating buying interest from investors. The index traded within a range of 21,950.30 to 22,131.30 during the day. However, technical analysis warns that the Nifty has broken down from an…

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