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Tech Query: Coal India, NTPC, LTIMindtree, Syngene International: What Is The Outlook And Where Are These Stocks Headed? 

I have shares of Coal India bought at ₹406. What is the long-term outlook? Vashista Chilkuri Coal India (₹388): The stock has been consolidating between ₹350 and ₹410 since the beginning of this year within its broader downtrend. Resistance is at ₹420. The stock has to breach this resistance to indicate a trend reversal and turn bullish again....
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Bullion Cues: Rally Stalls At A Barrier

Gold ($3,325/ounce) was up 2.6 per cent whereas silver ($32.70/ounce) gained 2.2 per cent last week. Similarly, in the domestic market, gold futures (₹96,518/10 gm) appreciated 4.2 per cent and silver futures (₹96,729/kg) went up by 2.8 per cent. MCX-Gold (₹96,518) Gold futures (June) rebounded last week, thereby making a higher low. However, it failed...
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Crude Check: Oil Forming A Base

Crude oil prices witnessed considerable recovery last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($63.90/barrel) gained 4.2 per cent. Whereas the crude oil futures on the MCX (₹5,212/barrel) was up 5.5 per cent. Brent futures ($63.90) Brent crude oil futures bounced off $58.50 last week. Thus, the contract has ricocheted twice off this...
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F&O Strategy: Buy DLF Put Option

The stock of DLF (₹631.70)  finds immediate support at ₹612 and ₹557. A close below the latter will change the outlook negative and trigger a sharp fall in the stock. On the other hand, resistance levels are ₹686 and ₹760. A recovery above ₹686 will negate the current negative outlook for DLF. Broadly, we expect the stock to move in a narrow...
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Every fusion startup that has raised over $100M

Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging to master and expensive to build today, but fusion promises to harness the nuclear reaction that...

Startups Weekly: Fast and furious

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Some startups accrued value at lightning speed this week, and we got confirmation that defense tech is red hot. Most interesting startup stories from the week Image...

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OpenAI recently announced a $200 million deal with the U.S. Department of Defense, which has us wondering: Could this further strain the company’s relationship with its biggest backer, Microsoft? After all, there have been numerous reports about growing tensions between the two companies, particularly as they become more competitive over enterprise deals. Today, on TechCrunch’s...

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