PSU bank stocks are showing signs of exhaustion after a strong rally, with indicators like Shooting Star candles and MACD crossovers suggesting a potential pullback. Investors are advised to wait for dips before turning bullish again. Nifty Bank also witnessed an evening star formation, hinting at possible downside moves.Read More

Sudeep Pharma’s Rs 895-crore IPO has seen strong early interest, already oversubscribed on Day 1 with robust demand from retail and NII investors. A rising grey-market premium hints at positive listing expectations. Backed by strong financial growth, advanced manufacturing capabilities, and favourable sector tailwinds, the issue appeals to long-term investors.Read More

India’s Q2 earnings have strengthened market sentiment, but Marcellus Investment Managers’ Rakshit Ranjan says the next market rally will be selective, not broad-based. Autos, discretionary consumption, and healthcare look attractive, while cyclicals, banks and real estate face valuation risks. With GST cuts and a possible US–India trade deal, investors must focus on sector-specific opportunities.Read More

Indian government bonds are set for a quiet start on Monday. The Indian rupee’s new record low is a major concern. Investors are watching the currency’s movement closely. Upcoming economic data will also be a key focus. The Reserve Bank of India’s actions on liquidity and bond yields are under scrutiny.Read More

HG Infra shares: The company, in joint venture with Kalpataru Projects, has become the L-1 bidder for a ₹1,415 crore Maharashtra Metro Rail project. HG Infra will execute 40% of the work, while Kalpataru will handle the remaining 60%.Read More

TCS shares may be in focus after the company reported an adverse US appellate court ruling in a trade secrets case filed by CSC, now part of DXC. The court upheld $194 million in damages but vacated an injunction, allowing TCS to continue operations. The company is reviewing the verdict, exploring legal options and will...Read More

Traders remained cautious as the yen faced potential intervention, with Japan’s finance minister issuing strong warnings. Meanwhile, the British budget announcement looms, impacting sterling. The New Zealand dollar is poised for a rate cut, while Australian inflation data will be closely watched. Global markets saw a steady dollar index amidst these key economic events.Read More

Post ContentRead More

Excelsoft Technologies’ Rs 500 crore IPO allotment status is out Monday after strong demand, with subscriptions reaching 45.46 times. The education-tech SaaS firm, boasting global clients and AI-driven platforms, saw significant interest from all investor categories. Investors can check their allotment online, with shares expected to list Wednesday.Read More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.Read More