World rice price index jumps to near 12-year high in July, says FAO

The July score was almost 20% higher than the last year’s 108.4 points and the highest since September 2011, it said. (Photo: Bloomberg) MUMBAI (Reuters) – The United Nations food agency’s rice price index rose 2.8% in July from a month ago to their highest level in nearly 12 years as prices in key… Continue reading World rice price index jumps to near 12-year high in July, says FAO

Nifty Metal to be range-bound; Pharma index bullish with need for caution

Nifty Metal Index: Hourly Charts Signal Range-Bound Trading The Nifty Metal Index (last close: 6633.45) is currently showing signs of range-bound trading based on the hourly charts. The index is likely to oscillate between the levels of 6675 and 6580, with a decisive move above or below these levels expected to trigger significant directional… Continue reading Nifty Metal to be range-bound; Pharma index bullish with need for caution

Sideways trend in Nifty FMCG, Private Bank index; Check key levels to watch

Nifty Private Bank index faces resistance, sideways trend in focus The Nifty Private Bank index (last close: 23,415.70) is currently encountering a near-term challenge with significant resistance expected in the range of 23,550 to 23,650 on a closing basis. Only if the index manages to breach this range, the next resistance level of 23,900 may… Continue reading Sideways trend in Nifty FMCG, Private Bank index; Check key levels to watch

Nifty Financial Services may see correction; PSB index eyes profit booking

The Nifty Financial Services index (current market price: 20342.05) has recently shown signs of near-term range-bound movement on charts. Investors are closely monitoring the index’s behavior within the range of 20415 to 20180, as a trade above or below this range could trigger significant directional movements. The primary support levels to watch are set at… Continue reading Nifty Financial Services may see correction; PSB index eyes profit booking