Gold prices saw a slight uptick on Thursday, driven by a weaker dollar and investor caution over U.S. tariff policy and Iran talks. The precious metal’s rise was also supported by safe-haven demand amid global uncertainties. Markets are closely watching upcoming U.S. jobless claims data for clues on Federal Reserve policy.Read More
Indian IT stocks saw a brief rebound on Wednesday, ending a losing streak. However, analysts caution this relief might be temporary. Most derivative bets remain bearish after the IT index’s substantial drop. The sector experienced pressure throughout February, with new AI tools intensifying concerns about future revenue. Short covering fueled the bounce, but underlying weakness...Read More
Metal stocks surged over 7% on Wednesday, driven by firm base metal prices and reduced uncertainty over US tariffs. Analysts suggest buying on dips, anticipating up to 25% upside. Companies like Lloyds Metals, National Aluminium, and Vedanta saw significant gains as investors shifted funds from IT to the buoyant metal sector.Read More
The Securities Appellate Tribunal has postponed a key hearing. This case involves US trader Jane Street and market regulator Sebi. Sebi had previously imposed a hefty fine and trading ban on Jane Street. The firm has challenged Sebi’s order. The tribunal will now hear the matter on April 17. Jane Street had deposited the fine...Read More
India’s market regulator is intensifying its watch on stockbrokers’ dealing rooms. This move aims to curb front running, a practice where employees exploit insider knowledge of large trades for personal gain. Authorities are investigating how trades are initiated and executed, focusing on institutional and high-net-worth clients.Read More
India is building a transparent, well-governed, and investable stock market to attract long-term institutional capital, according to Sebi chief Tuhin Kanta Pandey. He highlighted that the country offers scale and growth, with foreign portfolio investor assets tripling to ₹71 lakh crore. Domestic institutional investors are now providing a crucial counterbalance, enhancing market resilience.Read More
Promoter Hari Khemka Business Family Trust and Dixon Technologies divested shares of Aditya Infotech (CPPLUS) worth ₹920.8 crore in bulk deals. The entities sold 62.6 lakh shares at ₹1,470 each, offloading 5.3% of the company’s total equity. Major mutual funds and HDFC Life Insurance were among the buyers.Read More
Vedanta’s board has greenlit a ₹3,000 crore fundraising initiative via unsecured, rated, and listed non-convertible debentures. These instruments, with a face value of ₹1,00,000 each, are slated for listing on the BSE. CRISIL has assigned a ‘CRISIL AA’ rating to these NCDs, placing them under ‘Rating Watch with Developing Implications’.Read More
Markets closed higher despite initial volatility on the first day of the new expiry series, though analysts suggest potential for further downside. Several companies like IRFC, Adani Ports, Lodha Developers, Lupin, and RIL are in focus due to significant news developments impacting their operations and financial standing.Read More
Equities advanced on Wednesday amid positive global cues, though trade uncertainties kept sentiment cautious. Analysts anticipate a range-bound market, guided by macro developments and sector-specific catalysts, with immediate support at 25300 and resistance at 25650-25750. Foreign investors showed strong buying interest.Read More
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