On January 5, five NSE-listed stocks with a market capitalisation above Rs 1,000 crore featured on the bullish White Marubozu scanner after gaining over 5%. The pattern reflects strong intraday buying interest, signalling firm buyer dominance and increasing the probability of continued upward momentum in select stocks.Read More

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Indian markets saw a strong opening on Monday. Financial stocks surged, pushing the Dow Jones Industrial Average to a record high. Energy companies also jumped significantly. Investors are anticipating increased access to Venezuela’s oil reserves. Weapons manufacturers also saw gains. The S&P 500 and Nasdaq also closed higher. Cryptocurrency-linked shares advanced as Bitcoin hit a...Read More

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The U.S. dollar held firm near a two-week peak. Geopolitical concerns in Venezuela lessened, boosting investor confidence. Dovish remarks from Federal Reserve officials also encouraged Wall Street to take on more risk. This environment reduced demand for safe-haven assets like the dollar. Commodity-sensitive currencies such as the Australian and New Zealand dollars saw slight declines.Read More

Banking system’s loan-to-deposit ratios hit an all-time high of 81% in the December quarter, signaling a widening gap between credit growth and deposit mobilization. Major lenders like HDFC Bank saw their LDRs approach 100%, prompting concerns about potential deposit rate hikes or limited scope for passing on RBI rate cuts.Read More

Traders built fresh bearish derivative positions in IT stocks as caution ahead of Q3 results and recent downgrades weighed on sentiment. The NSE IT index fell 1.4%, with most stocks declining. Analysts remain cautious due to seasonal softness, geopolitical uncertainty, and concerns over potential US tariffs, recommending reduced exposure for the near term.Read More

The Indian rupee fell another seven paise to close at 90.27 against the dollar on Monday, with experts anticipating further declines. This depreciation is attributed to a delayed US trade deal and reduced foreign investment in Mumbai equities. The Reserve Bank of India intervened to moderate volatility but not to reverse the trend.Read More

Sebi has approved IPOs for eight companies, including Indira IVF and Chartered Speed. Chartered Speed plans a ₹855 crore issue, while RKCPL aims for ₹1,250 crore. Several companies, like Indira IVF and Rays of Belief, utilized confidential filings for their IPOs.Read More

The Payments Regulatory Board (PRB) convened its inaugural meeting in Mumbai, chaired by RBI Governor Sanjay Malhotra. This marks the operationalization of a new regulatory framework for payment systems. The board reviewed the functions of the RBI’s department of payment and settlement systems and identified key focus areas for both domestic and global payment systems.Read More