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

Commercial sector credit surged 14.7% year-on-year to over Rs 300 lakh crore by end-January, indicating increased loan demand following RBI’s 125-basis-point rate cuts. Banks have regained market share, with incremental credit growth rising 35% in the first 10 months of the fiscal year, driven by rate cuts and liquidity infusions.Read More

The International Financial Services Centres Authority (IFSCA) plans to set up special purpose vehicles (SPVs) to issue insurance-linked securities like catastrophe bonds, aiming to diversify insurance risk beyond traditional reinsurance. Chairman K. Rajaraman said private equity and other investors could participate in risk-sharing, making the insurance industry more stable and sustainable. The IFSCA will soon...Read More

Jefferies has downgraded several major Indian IT stocks, including Infosys and TCS, citing AI-related disruptions and greater downside risks. The brokerage shifted its preference to mid-sized IT firms, identifying Coforge, Sagility, and IKS as top picks with projected returns of 19-26%.Read More

Indian equity benchmarks rose on Monday, with the Nifty and Sensex gaining 0.6% amid mixed investor sentiment. While optimism surrounded lower US tariffs, renewed negotiation uncertainty loomed. Foreign portfolio investors were net buyers, contributing to the market’s uptick, though the IT sector saw a decline.Read More

Precious metals saw a major jump on Monday. Silver rose ₹15,000 per kg and gold gained ₹3,362 per 10 gm. This surge followed a weaker US dollar after the Supreme Court struck down President Trump’s tariffs. International markets also witnessed significant gains in gold and silver futures. Experts point to tariff turmoil and global economic...Read More

The Reserve Bank of India is closely monitoring a ₹590 crore fraud case linked to IDFC First Bank, with Governor Sanjay Malhotra stressing that it does not pose a systemic risk to the banking sector. The RBI is preparing updated projections for retail inflation and is actively managing liquidity in the financial system.Read More

Markets saw a modest rise amidst volatility, gaining nearly half a percent on positive global sentiment. Several companies like IDFC First Bank, NBCC, Hindustan Zinc, Samvardhana Motherson, BPCL, Bharti Airtel, and Waaree Energies are in focus due to significant news developments, including new projects, investments, and operational updates.Read More

Nifty extended its gains for a second consecutive session, closing at 25,711 on Monday. Analysts anticipate a range-bound market with a positive bias, driven by domestic sector-specific momentum amidst mixed global cues. India VIX saw a slight decrease, while the rupee strengthened against the US dollar.Read More

IDFC First Bank’s stock plummeted 16% after a ₹590 crore fraud was discovered at its Chandigarh branch. This incident has significantly dented its valuation multiple, shrinking its price-book ratio to 1.3. The bank faces potential pressure on its CASA deposits as the Haryana government de-empanelled it, raising concerns for other smaller lenders.Read More