A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest for the period and the closing price is the highest.Read More

4 stocks were highlighted in the RSI Trending Up scan, based on data from StockEdge.Read More

InterGlobe Aviation, the parent of IndiGo, disclosed receiving a Rs 117.52-crore penalty order from the CGST authorities for alleged wrongful input tax credit claims for FY19 and FY22. The company maintains the order is erroneous and plans to contest it, asserting no material impact on its financials. IndiGo shares fell 1.6% as investors awaited clarity...Read More

Post ContentRead More

Despite India’s strong 8.2% GDP growth, markets showed muted reaction as optimism was largely priced in. Geopolitical tensions and trade uncertainties are keeping investors cautious, while a weaker rupee benefits exporters but poses inflation risks. Infrastructure, pharma, and IT services are identified as key sectors to watch.Read More

The Indian rupee has fallen below the significant 90 mark against the U.S. dollar. This marks a continuation of its recent struggles. Weak trade and investment flows are contributing factors. Concerns about a stalled trade deal with Washington are also weighing on the currency. The rupee reached a new all-time low on Wednesday.Read More

Sun Pharma’s subsidiary will invest Rs 3,000 crore in a new manufacturing facility in Madhya Pradesh. The company also launched its innovative drug Ilumya® in India. Despite a premium valuation, technical indicators suggest a generally bullish trend for the stock.Read More

Indian equities opened lower on Wednesday, extending a three-session slide as investors adopted a cautious stance near record highs. Both the Sensex and Nifty edged down, with market sentiment guarded ahead of the Reserve Bank of India’s interest-rate decision and policy cues due Friday.Read More

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.Read More

Vidya Wires is launching its Rs 300 crore IPO on December 3, driven by strong industrial demand and rising power sector investment. While early sentiment is positive with a 12% grey market premium, analysts advise caution due to thin margins and a premium valuation. The company aims to double output and reduce debt with IPO...Read More