Author: Enos Mwangi

On Friday, India stock markets continued their upward trajectory setting new records as investors cheered positive economic signals. The Nifty 50 index surged by 2.05% adding 468.75 pts to close at 23,290.15 while the BSE Sensex gained 2.16% rising by 1,618.85 pts to settle at 76,693.36. This marked a significant close at fresh highs for Sensex while also the Nifty 50 showed strong performance to end the week. Nity 50 Index: TradingView Let’s look at the nifty 50 gainers for the week ended 7th June 2024. Mahindra & Mahindra Ltd led the pack with a remarkable weekly gain of 14.0%…

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On Friday the Indian stock market reached new heights with Nifty 50 and BSE Sensex closing at fresh records. The NIFTY 50 rose significantly ending the day at 23,290.15 which marked a 2.05% increase gaining 468.75 pts. Meanwhile, Sensex surged to 76,693.36 which was up by 2.16% or 1,618.85 pts Nifty 50 Index: TradingView The trading day witnessed considerable fluctuations with the NIFTY 50 ranging from 22,789.05 to 23,320.20 and the BSE SENSEX moving between 74,941.88 and 76,795.31. This uptrend reflects a strong performance in the market setting a positive tone as trading concluded before the weekend. Today with the…

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Since Polygon Labs announced its multichain vision June 2023 it has made influential developments. A key development in this journey has been the introduction of the Polygon Chain Development Kit (CDK) which is designed to empower projects to launch their own Ethereum Layer 2 chains and integrate easily into the broader Polygon ecosystem. This strategic move aims to improve the utility and scalability of the Polygon network and potentially boosting its market value and user base. On partnership, a collaboration between Cros and Polygon aims to transform the gaming industry by linking game developers, advertisers and a massive audience of…

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The Indian stock market continues its positive momentum to end the week with both Sensex and Nifty 50 are witnessing gains marking the third consecutive day of uptrend. This comes after a significant crush at the beginning of the week. As of writing the Nifty 50 is trading at 23,261.30 which is an increase of 439 pts or 1.93%. The BSE Sensex has also reached 76,575.53 which is up by 1,500 pts or 2%. The Nifty 50 has today so far fluctuated between 22,789.05 and 23,253.55 while the Sensex between 74,941.88 and 76,700.82 Nifty 50 Index: TradingView Among the overall…

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The stock market continued its recovery today with both the Nifty 50 and the BSE Sensex extending their gains for a second consecutive session. The Nifty 50 closed at 22,821.40, marking an increase of 201 points or 0.89% while the Sensex rose by 692 points to close at 75,074.51 up by 0.93%. This rebound comes just two days after a significant market dip, showcasing a resilient market atmosphere. Sensex Index: TradingView Driving the recovery was some of the top stocks companies. Let’s take a look at some of the top 5 stock gainers for both Sensex and Nifty 50. HCL…

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The stock markets made a rebound today June 5th. This has erased some of the losses from a heavy drop in yesterday’s session driven by positive sentiment from the latest Lok Sabha election results, where the National Democratic Alliance (NDA) took the lead. The BSE Sensex closed up 2,303.19 pts or 3.20% at 74,382.24 while the Nifty 50 surged 735.85 points or 3.36% to close today’s session at 22,620.35. Notably the Nifty Bank index also posted strong gains by climbing 4.53% to 49,054.60. Sensex Index: TradingView Leading the pack was Adani Ports and Special Economic Zone which witnessed the highest…

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The Indian stock market witnessed a massive selloff on Tuesday, June 4, 2024, as the final results of the general elections were far from what the exit polls had predicted. The Sensex plunged 4,390 points or 5.74% to close at 72,079.05, while the Nifty 50 declined by 1,379 points, or 5.93% to end at 21,884.50. It was the biggest single-day percentage fall for the Nifty 50 in over four years since March 2020. Sensex chart: TradingView Among the Nifty 50 top gainers today was Hindustan Unilever leading in gains by recording a 5.78% increase. The stock opened at Rs 2,374.00…

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Fetch.ai is a notable player in the decentralized artificial intelligence (AI) sector. FET is currently trading at $2.11 showing a drop of 2.15% in the last 24 hours. Despite a rough period marked by volatile price movements and bearish pressure FET records a market cap of $1.79 billion and as the 61st in rank of top crypto assets by market cap. FET Price Chart: Coimarketcap FET underwent a positive bullish rally earlier at the start of the year and recorded its all time high at $3.4850 on March 28th. Which was then followed by a sharp correction of 53% pushing…

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The stock market has witnessed a massive surge on Monday 3rd June just a day before the country’s election results, driven by strong investor sentiment and exit poll predictions. The benchmark indices Sensex and Nifty 50 continued their bullish run, with Sensex closing at 2,507 pts which is3.39% higher at 76,468.78 while the Nifty 50 closing 733.20 points which is a 3.25% gain to 23,263.90. Both indices opened at record highs with Nifty 50 advancing to 23,338.70 and Sensex to 76,738.  Sensex Index: TradingView The Nifty Bank even crossed the 50K mark for the first time fueled by exit polls…

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PEPE has continued to show its excellent performance marking a notable rise in its market value. In the last 24 hours PEPE has recorded a 4.40% increase bringing its current market price to $0.0000153. This gain has contributed to an over 101% increase in the last 30 days outpacing both the general market and other meme coins. Such bullish behavior has elevated PEPE market cap to $6.4 billion and its trading volume has increased in the last 24 hours by 27% to read $1.57 billion as of writing. PEPE Price Chart: Coinmarketcap The bullish trend for PEPE is supported by…

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