nifty charts: Tech View: Nifty50 sets its eyes on 21,000-mark. What traders should do on Wednesday

MUMBAI – Aided by continued momentum, the Nifty50 ended at a record closing high for the second session on Tuesday and has formed a reasonable positive candle on the daily charts with long lower shadow. “Technically, this pattern reflects ongoing sharp upside in the market and buy on intraday dips opportunity,” said Nagaraj Shetti, technical…

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RBI: L&T Finance Holdings’ merger to pare costs, free up Rs 3,000-cr funds

Mumbai: L&T Finance Holdings (LTFH), the non-bank lending business of engineering-to-IT conglomerate Larsen & Toubro (L&T), has merged all its financial services companies within itself, creating a single lending entity, effectively freeing up ₹3,000 crore in liquidity that can be deployed to lend to high-yielding assets. The merger will consolidate lending companies L&T Finance, L&T…

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stock market impact: A 3-1 victory for BJP in Assembly polls set to rejuvenate Dalal Street bulls; what should investors do on Monday?

MUMBAI: A clear mandate for the Bharatiya Janata Party in three key northern states of India is all set to rejuvenate Dalal Street bulls and take markets higher when trade resumes on Monday. Following the assembly elections in Chhattisgarh, Madhya Pradesh, Mizoram, Rajasthan, and Telangana, exit polls had suggested BJP taking a lead in MP…

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