Four Nifty500 stocks, including Mazagon Dock Shipbuilders, LT Foods, Navin Fluorine International and JSW Infrastructure, have appeared in the RSI Trending Up scan after gaining over 6%. The signal indicates strengthening momentum, with the Relative Strength Index crossing above the 50 mark, often seen by traders as a potential bullish indicator.Read More
India Inc’s overseas fundraising plans are stalled due to the West Asian conflict, causing global yields to rise. Lenders and companies are awaiting geopolitical clarity, as bond and loan rates have increased. This situation makes companies with significant Middle East revenue exposure less appealing to financiers, prompting increased caution.Read More
Asian equities experienced their steepest weekly loss in six years as renewed Iranian strikes and the ongoing Middle East conflict drove a broad retreat in risk assets. Oil prices edged lower, though they remain on track for their biggest weekly surge since 2022 amid supply disruption concerns. Markets remain tense as Iran shows no intention...Read More
Oil prices fell more than two percent in early Asian trade after strong gains in recent days on the back of the conflict in the Middle East. “Further action to reduce pressure on oil is imminent and the oil (price) seems to have pretty much stabilised,” US President Donald Trump said on Thursday.Read More
Indian markets saw a strong rebound on Thursday, closing with gains over one percent. Improved global sentiment and buying in major stocks fueled the rise. Several companies like Indian Oil, GAIL, and Mazagon Dock are in focus due to significant news. Petronet LNG issued a force majeure notice. Hindustan Zinc is collaborating on research.Read More
Indian stock markets recovered, ending a three-day losing streak. Positive geopolitical developments provided support. Investors are now watching West Asia and global energy prices for future direction. The India VIX, a fear gauge, saw a significant drop. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares.Read More
Gold prices held steady on Friday. Investors are watching the escalating Middle East conflict. This situation impacts the global economy. Spot gold remained firm. US gold futures saw a slight increase. The dollar weakened, making gold cheaper for some buyers. Geopolitical uncertainty has driven gold up significantly this year. Investors await key US employment data...Read More
Indian metal stocks saw a significant rise today. Aluminium manufacturers led the gains. The closure of the Strait of Hormuz due to the West Asia conflict is impacting supply chains. This is expected to push up metal prices. National Aluminium Co, Hindalco, and other metal companies registered strong gains. The Nifty Metal Index outperformed the...Read More
The Indian rupee strengthened significantly, closing at 91.60/$1, up from 92.15/$1, due to substantial interventions by the Reserve Bank of India. Despite higher oil prices and a risk-off sentiment, the RBI’s actions prevented the rupee from weakening further, though concerns remain about the impact on domestic liquidity.Read More
Analysts have initiated coverage on Jain Resource Recycling, Granules India, and Shadowfax Technologies with buy ratings, anticipating returns of 25% to 41%. These companies are poised for growth due to favorable market conditions and strategic positioning within their respective sectors.Read More
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