Indian IT stocks are poised for focus following Nvidia’s robust quarterly earnings, which spurred a Wall Street rally. This positive sentiment emerges amidst recent volatility in the IT sector, triggered by AI startup Anthropic’s new tools. Analysts suggest the AI technology cycle is in its early monetization phase, with Indian IT firms expected to benefit...Read More

India’s IPO market is set for a strong year, with fundraising expected to surpass last year’s $20 billion. Over 170 draft IPO documents have been filed. Valuations are more realistic now. New-age companies will lead listings. Private equity funds have significant capital. Promoters are more open to strategic deals. The fundraising ecosystem is well-positioned for...Read More

Bharti Airtel is injecting Rs 20,000 crore into its new NBFC, Airtel Money Limited. This move positions the company as a direct lender, competing with established players. Airtel aims to leverage its vast customer base and data capabilities. The company previously acted as a loan distributor. This strategic pivot seeks to capture a significant share...Read More

Gold and silver prices opened lower on Thursday due to ongoing US tariff policy uncertainty and US-Iran tensions, despite a weaker dollar. MCX futures for gold and silver saw significant declines. In international markets, spot gold and silver prices edged higher, reaching three-week highs.Read More

IRFC’s Offer for Sale (OFS) opened flat at Rs 104, with the government divesting a 2% stake. The issue saw 95% subscription from non-retail investors on the first day. Experts suggest IRFC remains fundamentally strong, with the OFS presenting a tactical opportunity for investors to reassess positioning.Read More

Indian stock markets are on the rise for a second day. The Sensex opened higher by over 140 points. The Nifty is trading above 25,500. Technology stocks are leading the gains, following their Wall Street counterparts. Major IT firms like Tech Mahindra and Infosys are seeing significant increases. Some other companies are also performing well.Read More

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The dollar weakened as Nvidia’s strong earnings boosted market confidence, while investors awaited details on new U.S. tariffs. The U.S. dollar index held losses amid uncertainty over President Trump’s response to a Supreme Court ruling. The yen saw gains as the Bank of Japan hinted at potential rate hikes.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

Shree Ram Twistex IPO, subscribed 43.66 times, is set to finalize allotment today. Despite strong investor demand, especially from retail and NII segments, the grey market premium is negative, indicating potential listing concerns. The company plans to utilize IPO funds for renewable energy projects and debt repayment.Read More