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…

The Indian stock markets witnessed a positive session to close the week on May 10th, with both the benchmark Nifty 50 and BSE Sensex indices gaining. The Nifty 50 index closed above the 22,000 mark, settling at 22,055.20, up 0.44%, 97.70 points from its previous close. The index traded within a range of 21,950.30 to 22,131.30 during the day. SENSEX The BSE Sensex rose 260.30 points, slightly away from the bullish parallel channel support,  to end the week at 72,664.47. Throughout the session, the benchmark index traded within a range of 72,366.29 to 72,946.54. The broader market’s performance mirrored the…

The Graph (GRT), a decentralized protocol for indexing and querying data from blockchains, has been making waves in the crypto market. With its recent launch of the 4 million GRT Sunrise Upgrade Program, The Graph Foundation is empowering anyone on the internet to revolutionize how the world accesses data. As of current data today May 10th, GRT trades at $0.3027, an 11.52% gain in the last 24 hours and a market cap of $2.8 billion, ranking 40 among crypto. Its 24-hour trading volume stands at over $172 million, 74% increase in the last 24 hours. GRT Price Chart: CoinMarketCap …

The Indian stock market witnessed a significant downturn on Wednesday, May 9th, with the benchmark Nifty 50 index dropping 345 points, a 1.55% decline, to settle at 21,957.50. The Sensex, the other key index, mirrored the bearish sentiment, dropping 1,062.22 points or 1.45% to close at 72,404.17. Technically, the Bse Sensex drop pushed it lower to trade at the bullish flag support level. This level would act as a strong level of support against further declines. Sensex Index: TradingView The Nifty 50’s trading range for the day spanned from 21,932.40 to 22,307.75, while the Sensex fluctuated between 72,334.18 and 73,499.49.…

In the crypto space, a new contender emerged, capturing the attention of investors. Dogwifhat (WIF), a Solana-based token inspired by the iconic meme of a dog wearing a pink knitted cap, has defied expectations and secured its position as the third-largest meme coin by market capitalization. With a meteoric rise that has left analysts and traders in awe, WIF’s journey serves as a testament to the power of memes and the unpredictable nature of the crypto market. Dogwifhat’s performance has been nothing short of remarkable. Starting the year trading at a mere $0.07, the token quickly gained traction, closing close…

The Indian stock markets witnessed a relatively quiet trading session on Wednesday, with the benchmark BSE Sensex and Nifty 50 indices ending nearly flat. The BSE Sensex closed at 73,466.39, down 0.062%, 45.46 points, while the Nifty 50 ended unchanged at 22,302.50. Despite the flat reading of the close, today’s price has traded within the low of Rs 22,185.20 and a high of 22,368.65 before dropping to close, the same as yesterday’s close. BSE Sensex Index Let’s look at some of the Mid-Cap and Small-Cap Outperformers on May 8th, with several stocks recording both intraday and 52-week highs. Bharat Forge…

Ethena Labs, the innovative blockchain project behind the scalable synthetic dollar USDe, has achieved a major milestone with its integration on the prominent cryptocurrency exchange Bybit. This partnership marks a significant step in driving real-world use cases for USDe and further solidifies its position in the competitive stablecoin market. Under the terms of the agreement, Bybit will integrate USDe as a collateral asset, enabling users to trade perpetual futures contracts for various cryptocurrencies using USDe as collateral. This strategic move not only expands the utility of USDe but also provides traders with greater capital efficiency and potential yield-earning opportunities. Excited…

The Indian stock market witnessed a significant downturn on Tuesday, May 7th, 2024, as investors remained cautious ahead of the crucial Lok Sabha election outcome. The benchmark indices, NIFTY 50 and BSE SENSEX, both experienced declines, reflecting the overall sentiment in the market. The NIFTY 50 index closed at 22,302.50, down 0.62%, 140.20 points from the previous close of 22,442.70. The index traded within a range of 22,232.05 to 22,499.05 during the day, showcasing the volatility in the market. Similarly, the BSE SENSEX fell by 0.52%, 383.69 points, closing at 73,511.85, compared to the previous close of 73,895.54. The…

Fetch.ai, a pioneering Cosmos-based cryptocurrency project focused on artificial intelligence development, has witnessed an unprecedented surge in the value of its native token, FET. The coin’s price has soared by an astounding 645%, climbing from a low of $0.4681 on December 11, 2023, to a remarkable high of $3.4850 on March 24, 2024. This remarkable rally can be attributed to a confluence of factors, including the v0.17 update released in early February and a substantial $100 million investment in the project’s infrastructure initiative, Fetch Compute. As of May 7, 2024, FET is trading at $2.41, a 14.14% gain in the…

The benchmark equity indices in India are trading bearish on Monday, May 6th, with the Nifty 50 and Sensex hovering around their previous closing levels of Friday. The Nifty 50 is marginally down by 0.072%% at 22,459.65, while the Sensex is dipped 0.024% to 73,895.54 as of market close close. This muted performance comes after a bearish trend witnessed in the previous week’s day of close. The Sensex dropped 732.96 points, 0.98%, to close at 73,878.15, while the Nifty 50 settled 172.35 points, 0.76%, lower at 22,475.85 on Friday. With the Nifty 50 forming a double top pattern on the…