"On daily chart, we observe that Nifty has bounced back smartly after finding support near the 200 day EMA. The index was finding resistance near the 20 day SMA but is now on the verge of moving above it," said Subash Gangadharan, Senior Technical and Derivative Analyst, HDFC Securities.
Some of the Twitter users trying to post tweets received a pop up message that said" "You are over the daily limit for sending Tweets".
On balance perhaps the RBI policy should be seen as hawkish because the market expected a hint that the RBI would signal it is at the end of its hiking cycle. The governor bluntly said he won't make forward-looking statements given the uncertainties surrounding inflation.
The Dow Jones Industrial Average fell 0.61 percent, the S&P 500 lost 1.11 percent and the Nasdaq Composite dropped 1.68 percent.
The pandemic-era hiring frenzy has come to a screeching halt as companies reel from the aftermath. The latter half of 2022 saw massive layoffs, leaving many scrambling for work. And, just as people thought the new year would bring relief, giants like Google and Amazon delivered a crushing blow by laying off a big chunk of their employees in the first month of 2023. This sudden wave of unemployment has sent shockwaves throughout the job market, leaving many to question the stability of even the biggest corporations. Here's a closer look at the major companies that made devastating cuts in January and February 2023.
CNBC Awaaz, India’s first Hindi business news channel was launched with one aim - That of making the common man part of the country’s success story. To achieve this goal, the channel focused on promoting financial inclusivity, along with improving financial literacy among the public.
The channel initiated shows like the First Step, Tax Guru and Money Grow, which created new investors in the market and helped them understand complex issues efficiently.
CNBC Awaaz ensures that new and existing investors are informed about new products and services that can help investors expand their portfolio and grow their wealth.
The channel also keeps viewers up-to-date with information from the world of politics and breaking news. Given the hectic news ecosystem, over the years, CNBC Awaaz has decided to focus on news that matter most to the common man. At the end of the day, we feel that if a viewer has been provided with accurate information, which has progressively made a difference in their lives, then CNBC Awaaz has been successful in achieving its goals.
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