The stock of Coal India Limited has formed a bullish engulfing candlestick pattern on the daily timeframe. The bullish engulfing candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.

Succeeding the previous sharp decline in WTI Crude prices in recent times, the price level is presently being maintained above USD 30 per barrel. This is positive news to drillers who have decided to restart production regardless of the decline in demand.

RBI has suggested stringent norms for housing companies by mandating 75 per cent of their home loans to individual borrowers and 50 per cent of assets as their housing loans by March 2024. 

Information technology giant, Tata Consultancy Services announced on Thursday that it is partnering with IBM and expanding their global alliance in a bid to help clients accelerate their digital and cognitive enterprise transformations to IBM public cloud.

Sustained by financial heavyweights, Nifty rose by 216.20 points or 2.19 per cent to reach the level of 10,097.35 while Sensex ended today’s trading session at 34,208.05, up by 700.13 points or 2.09 per cent.

The official statement of the company further stated that such efforts would support its 1 billion tonne coal production target for FY23-FY24.

If you are too concerned about your investment, you may lose other important aspects of your financial life.

Fitch Ratings Inc today has revised its outlook on India's long-term foreign-currency issuer default rating (IDR) to negative from stable and affirmed the rating at 'BBB-'.

The market opened in the red on June 18, 2020. The previous trading session witnessed the Sensex going down 97.30 points to end at 33,507.92 and the Nifty was down 32.85 points to close at 9,881.15 .

The market opened in the red on June 18, 2020. The previous trading session witnessed the Sensex going down 97.30 points to end at 33,507.92 and the Nifty was down 32.85 points to close at 9,881.15 .