Author: Enos Mwangi

In today’s trading session, the Indian stock market experienced a notable pullback, with key indices closing nearly 1% lower. The BSE Sensex fell by 668 points to close at 74,502.90, marking a decline of 0.89%, while the Nifty 50 slipped by 183.45 points, closing at 22,704.70, down by 0.80%. Both indices fluctuated within tight ranges throughout the day, with the Sensex moving between 74,454.55 and 74,986.22 and the Nifty ranging from 22,685.45 to 22,825.50.  BSE Sensex Index: TradingView This downturn reflects broader concerns in the market, possibly triggered by domestic and international economic cues. Major stocks recorded losses today,…

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The meme cryptocurrency Shiba Inu (SHIB) has been on a slash, surpassing Cardano to become the 10th largest crypto globally with a market cap of over $16 billion. SHIB’s price currently sits at $0.000028, up an impressive 5.26% in the last 24 hours, a drop from 16% in the same time frame and over 17% surge over the past 30 days. SHIB Price Chart: CoinMarketCap The recent rally may have been catalyzed by the U.S. SEC approving all Ethereum (ETH) exchange-traded funds (ETFs). As SHIB is an ERC-20 token built on the Ethereum blockchain, increased investor interest in Ethereum could…

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Dogecoin (DOGE), the beloved meme-inspired digital asset, continues to make waves. According to the latest market data, DOGE is currently trading at $0.168, marking a 1.97% increase over the last 24 hours and an 18% surge in the last 30 days. DOGE Price Chart: CoinMarketCap With a market cap of $24.2 billion, Dogecoin holds its position as the 8th largest crypto asset by market cap. The trading volume over the last 24 hours stands at $1.5 billion. Also, the volume-to-market cap ratio, a key indicator of market activity and liquidity, sits at 5.96% for Dogecoin, suggesting a healthy level of…

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The Indian stock markets had a relatively subdued session on Tuesday, with the benchmark indices Nifty 50 and Sensex ending nearly flat. The Nifty 50 closed at 22,888.15, down a marginal 0.19%, while the Sensex ended at 75,170.45, up 0.29% or 220.05 points. The indices displayed a narrow trading range, with the Nifty 50 fluctuating between 22,858.50 and 22,998.55 and the Sensex moving between 75,083.22 and 75,585.40 points. The flat close came on the back of mixed cues from global markets and profit-booking by investors after the recent rally. BSE Sensex Index: TradingView Let’s look at the overall top gainers…

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BONK has been on a great surge in recent weeks and has proven that it’s not just an average memecoin. According to Coinmarketcap data, in the last 24 hours, BONK’s price has surged by 5.08% to read at $0.00003839, while its 7-day and 30-day gains stand at 23.17% and 41.96%, respectively, as of press time. With a market capitalization of $2,528,321,092, BONK now ranks as the 47th largest cryptocurrency by market cap. BONK Price Chart: Coinmarketcap The most interesting thing is that BONK’s trading volume has increased by 106.36% in the past 24 hours, reaching $960 million. This increase in…

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On May 27, the Indian stock market started the week with high anticipation and moderate finishes as both Nifty 50 and Sensex set new record highs during the trading session after a bullish week on the week ending May 24th. Opening with positive momentum, the Nifty 50 reached an all-time intraday high of 23,110.80, and the Sensex peaked at 76,009.68. However, despite the strong start, the day ended nearly flat due to significant profit booking at higher levels. Nifty 50 concluded the session at 22,932.45, reflecting a slight increase of 0.11%, while Sensex slightly adjusted by 0.026% to close at…

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Bonk (BONK) has exhibited a remarkable performance since early April. According to the latest data from CoinMarketcap, Bonk’s price stands at $0.00003628, which puts it at a strong market cap of $2.4 billion. Notably, the crypto asset has seen a substantial increase of 5.53% in the last 24 hours and 39% in the last seven days. BONKUSD Price Chart: TradingView The trading volume over the last 24 hours is over $547 million, which places Bonk at 16th position in terms of volume, an indicator of active trading and market interest. This volume is over 20% of its total market cap,…

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The Indian stock market showed a stable performance as the trading week ended on May 24th, with major indices closing nearly flat. The BSE SENSEX slightly dipped by 0.010% to settle at 75,410.39, while the NIFTY 50 decreased by 0.046% to close at 22,957.10. This subtle movement came ahead of the weekend closure, reflecting a cautious approach by investors amidst mixed global cues. Top 10 Weekly Gainers: Trendlyne.com Let’s look deeply at the top 10 gainers for the week ending 24th May 2024. Indian Emulsifiers Ltd Indian Emulsifiers Ltd. experienced a significant surge in its stock price last week, closing…

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The Indian stock market today, May 25th, remains closed for a weekend. On Friday, May 24th, Nifty 50 closed at 22,957.10, down a marginal 0.046%, while the BSE Sensex ended at 75,410.39, slipping 0.01%. However, both benchmark indices hit fresh record highs during on May 23rd. Nifty 50 Index: TradingView Despite the top stocks recording mixed performances, the small and mid-stock companies recorded impressive high gains. Let’s look at the top 10 best gainers for the day. Johnson Controls Shares of Johnson Controls emerged as the top gainer, skyrocketing 20% to Rs 1,486 after hitting an intraday high of Rs…

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In today’s trading session, the Indian stock markets, both the Nifty 50 and the BSE Sensex, closed flat after recording all-time highs on 23rd May. The Nifty 50 concluded the day at 22,957, marking a slight decline of 0.046%, after oscillating between a low of 22,908.00 and a high of 23,026.40. Similarly, the BSE Sensex managed to close at 75,410, down merely 0.010%, after trading between 75,244.22 and 75,636.50. Most of the top stocks recorded losses, but several small-cap and mid-caps recorded. HDFC Bank Limited Closed at Rs 1,516, which is an increase of 1.60% from the previous session. The…

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