Oil prices are near seven-month highs. Investors worry about a U.S.-Iran military conflict that could disrupt supply. Talks between the U.S. and Iran are scheduled for Thursday. Iran is a major crude producer. An extended conflict could impact global supplies. U.S. President Trump has warned of consequences if a deal is not reached. Inventory data...Read More
Twelve stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on February 24, according to stockedge.com’s technical scan data.Read More
Yashhtej Industries is set to list on the BSE SME platform on February 25 with a flat debut expected, as GMP stands at 0%. The company, involved in soybean crude oil and de-oiled cake production, saw its IPO subscribed 1.37 times. Recent financial performance shows significant profit growth, with funds earmarked for capital expenditure and...Read More
Omnitech Engineering’s IPO opens today. The precision engineering firm aims to raise Rs 583 crore. The issue is priced between Rs 216 and Rs 227 per share. The company specializes in high-precision components and automation solutions. Financial performance shows strong growth in FY25. The IPO offers a chance to invest in a growing manufacturing player.Read More
Yaap Digital’s Rs 80.11 crore IPO opens today, with a price band of Rs 138-145 per share. Backed by prominent investors Mukul Agrawal and Sunil Singhania, the company aims to fund acquisitions and expand its AI-driven marketing services. The issue closes on February 27, with listing on NSE SME platform scheduled for March 5.Read More
Seven Nifty500 stocks, including Natco Pharma and Bandhan Bank, formed a White Marubozu pattern on February 24, signalling strong buying interest. The bullish candlestick formation, identified through StockEdge technical scans, indicates that buyers dominated trading through the session, suggesting potential near-term upward momentum in these counters.Read More
Indian flexible workspace companies are seeing robust revenue growth and better profits. This is due to strong demand from large businesses and global centers. Companies are shifting to flexible office spaces across multiple cities. Occupancy rates are high, and more centers are becoming profitable. This trend is expected to continue, driving further expansion and stability...Read More
AI company Anthropic’s blog post triggered a significant sell-off in Indian IT stocks, causing benchmark indices to fall sharply. The Nifty IT index plunged 4.7%, reflecting investor anxiety over AI’s potential to automate legacy system maintenance, as seen with IBM’s substantial decline. Analysts anticipate further downside for the IT sector.Read More
Asian markets opened higher today. Technology shares led the gains, boosting Wall Street. This rally eased worries about artificial intelligence. Investors are now looking ahead to Nvidia’s earnings report. The market sentiment improved following positive news from Anthropic. This suggests a more stable outlook for tech companies.Read More
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