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Largest ever loss of value in 1 day for a US company: Facebook shares plunge 20% wiping out over $120 bn in mcap

Facebook Inc. Facebook Inc. plunged as much as 20 percent Thursday after the social-media company showed signs of slowing growth following months of scandal and criticism that delivered a suckerpunch to earnings. The social-media goliath’s financial performance had previously seemed immune to fierce critiques of its content policies, its failure to safeguard private data, and

indian stock market
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Sensex logs new all-time high, Nifty too ends at record high; ITC, RIL, HDFC twins, ICICI Bank shares shine

Share Market Today: Indian stock markets (Sensex and Nifty) surged to record highs. In the late afternoon deals with BSE Sensex and NSE Nifty finishing at all-time highs. Nifty and Sensex following the sharp rally in the shares of ITC, RIL, ICICI Bank, HDFC, HDFC Bank and Axis Bank. Both the key indices Sensex and Nifty edged higher in the late

Intraday Levels
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Trading Strategy for Nifty and Bank Nifty:20.07.2018

Market Trade Date: 20/07/2018 Trading Strategy Nifty In the last trading session Nifty closed in red and lost 23.35 points or -0.21%, settle at 10,957.10.  Nifty  has strong resistance at 11,000 to 11,010, but closed above its 20 day SMA and 10 Day SMA. Closing above 20-Day SMA indicates a strong closing and may require a

Indian share markets
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BSE Sensex, NSE Nifty end flat : blue-chip stocks hit all-time high

Indian stock markets finished lower on Thursday with BSE Sensex and NSE Nifty ending marginally down in negative territory. Due to the plunge in shares of India’s second-largest bank by market capitalisation Kotak Mahindra Bank following Q1 FY19 results. The Indian rupee shed 24 paise against US dollar in the afternoon deals. Indian equities started the day at a positive note on

sensex and nifty
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Sensex, Nifty today: Sensex retreats from record high, closes 146 points lower; Nifty loses 11k mark

Indian Stock Markets retreats from record high today. The Sensex of the BSE, which scaled a record high of 36,747.87. Sensex In early trade on Wednesday, tumbled over 426.95 points to an intra-day low of 36,320.92 points. Index finally recovered around 52 points from its day’s low to close at 36,373.44 points, down 146.52 points

sensex and nifty
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Indian stock markets ended on a negative note on Monday

Indian Stock Markets Sensex and Nifty ended on a negative note on Monday following the muted to subdued activity in Asian stock markets and the unhappiness among investors after the WPI based inflation escalated to over 4-year high on the back of rising food and fuel prices. The key equity indices extended losses after opening

indian stock market
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Share market today: Sensex closes flat, retreats from fresh high; Nifty holds 11k; Infosys up 2% ahead of Q1 results

Share market today: After five consecutive sessions of closing with gains. The benchmark Sensex closed Friday’s trade lower by 6.78 points or 0.02% at 36,541.63 points. The Sensex hit a fresh intra-day high of 36,740.07 points but soon retreated to close lower as investors booked profits amid mixed global cues. and disappointing macroeconomic data released on

Intraday Levels
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Nifty and Bank Nifty Levels and Trading Strategy

Trade Date: 13/07/2018 Nifty and Bank Nifty Levels: In the last trading session, Nifty closed on a positive note at 11023.20 levels, Nifty  has formed a bullish Kicker pattern on daily chart and closed above its 20 day SMA and 10 Day SMA. Closing above 20-Day SMA indicates a strong closing and may require a