Ola Electric share price tumbled 2% as Citi Research slashed its target price by 18.5% to Rs 22, citing downward revenue revisions and market share pressures. The brokerage anticipates the company will not achieve EBITDA break-even even by FY28, reflecting a significant decline from its record peak.Read More

Adani Enterprises shares are in focus after the NCLT approved the merger of Adani Green Technology and Adani Emerging Businesses with the flagship company. Adani Tradecom will merge with Adani New Industries. The effective date is yet to be announced. The stock has fallen over 12% in a month but gained nearly 106% in five...Read More

Analysts advise against shorting the Nifty despite geopolitical tensions, citing historical data and technical indicators. The Nifty-to-Brent crude ratio approaching support and past market behavior after sharp weekly declines suggest a potential technical bounce. Momentum oscillators are oversold, hinting at a possible near-term pullback.Read More

Indian stock markets, particularly small and midcap segments, are experiencing a sharp downturn. Indices have fallen significantly in March due to geopolitical tensions and foreign investor outflows. Analysts suggest valuations remain elevated, but the recent sell-off presents opportunities for long-term investors. Near-term weakness is expected to persist, with cautious stock selection advised.Read More

A new geopolitical shock involving Iran is creating divisions within the US Federal Reserve. Policymakers are already split on balancing inflation risks against a softening labor market. Rising oil prices are a key concern, impacting gasoline costs and economic forecasts.Read More

IDBI Bank shares have plummeted nearly 30% in a month as the government’s strategic stake sale faces potential delays due to financial bids falling below the floor price. Experts are divided on the stock’s future, with some advising to buy on dips while others suggest holding or selling on rallies.Read More

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Gold prices remained stable on Tuesday. Investors are closely watching the economic impact of the Middle East conflict. Several central banks are set to announce their policy decisions this week. Higher oil prices are fueling inflation concerns. This is leading markets to reconsider expectations for interest rate cuts. The US Federal Reserve is expected to...Read More

The U.S. dollar saw little change as traders assessed the Iran war’s impact, while the Australian dollar dipped ahead of an expected rate hike. Concerns over inflation, fueled by surging oil prices, have lifted the dollar against most currencies, with markets anticipating central bank responses to the ongoing crisis.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