Saturday, October 03
The Indian market is likely to consolidate on Wednesday, tracking mixed global cues.The Nifty50 index closed 93 points lower at 24,853 on Tuesday. Indian VIX fell nearly 3% to close at 14.40 in the previous session.The daily Relative Strength Index (RSI) has eased to 52, down from recent peaks, suggesting a loss of momentum but not a reversal yet. Meanwhile, MACD remains in negative crossover mode, reflecting the consolidation phase.Technically, the Nifty50 is holding above the 20-day SMA at 24,830, but failed to reclaim the 25,000 zone, which continues to act as a stiff hurdle.“The price action is largely sideways within a narrow band, showing indecision post the recent recovery,” Om Mehra, Technical Research Analyst, SAMCO Securities, said.“The immediate support is seen at 24,700,
Real estate major DLF Ltd has sold all 1,164 luxury apartments for about Rs 11,000 crore within a week of launch of its new housing project in Gurugram, reflecting that demand continues to be strong for premium residential properties from end-users and investors. In a regulatory filing on Wednesday, DLF announced "sell out of its latest luxury offering, DLF Privana North, valued at approximately Rs 11,000 crore, a historic milestone achieved within just one week." The project is part of a 116-acre integrated township - DLF Privana in Sectors 76 and 77, Gurugram. The new project 'DLF Privana North' spans 17.7 acres and comprises 1,152 flats (4BHK) and 12 penthouses. The project has six towers rising to stilt+50 storeys, the tallest residential structures to be developed by DLF till date. A
After the recent Ahmedabad crash, spotlight fell on Boeing 787 Dreamliner, the aircraft involved in the crash. Now, another Boeing product is drawing immense interest globally -- a super bomb it had developed for the Pentagon nearly two decades ago. The intensifying shadow war between Israel and Iran has long centered on Tehran's nuclear ambitions. While Israel has conducted cyber operations, sabotage missions, and now limited airstrikes targeting Iran’s nuclear infrastructure, particularly at facilities like Natanz, its ability to cripple the heart of Iran’s most secure and sensitive installations remains constrained. Chief among these is the Fordo Fuel Enrichment Plant, a fortified facility carved into a mountain near the city of Qom. To neutralize such a hardened target, Israel woul
