Gold prices surged to a near two-week high on Wednesday. A weaker US dollar and hopes for a de-escalation in the Iran conflict boosted the precious metal. Global markets reacted positively to speculation of peace. Traders have largely dismissed chances of a US Federal Reserve rate cut this year. Brazil’s central bank significantly increased its...Read More

SpaceX is preparing for a massive initial public offering. The rocket company is collaborating with over twenty banks for its upcoming stock market debut. This listing, internally known as Project Apex, is anticipated in June. Experts estimate SpaceX’s valuation to reach a staggering $1.75 trillion. Major financial institutions are leading the underwriting process for this...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

Tipco Engineering’s SME IPO is set for its stock market debut with a flat listing expected, as indicated by a 0% grey market premium. Despite moderate overall subscription, retail investor interest was subdued, while QIBs and NIIs showed stronger participation. The company’s robust financials and integrated manufacturing capabilities suggest a focus on medium-term fundamentals rather...Read More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.Read More

Oil prices are up sharply as the new financial year begins. Supply issues and damage from the Iran-US war are pushing prices higher. However, leaders from both countries have expressed optimism about ending the conflict soon. This could impact future oil prices, though some analysts expect them to remain elevated.Read More

Sammaan Capital is set to transform into a diversified NBFC following a significant Rs 5,652 crore transaction with Abu Dhabi-based IHC. IHC’s affiliate will acquire a 41.5% stake, becoming a promoter. This strategic move aims to expand Sammaan Capital’s product offerings beyond mortgages and double its asset base within three years.Read More

India’s rupee faces potential record lows against the dollar, possibly exceeding 100, if the Iran war escalates. Analysts warn that elevated oil prices will worsen inflation and the current-account deficit, while central bank measures may only offer temporary respite. Market pricing suggests further losses are likely.Read More

Oil prices are climbing again. Brent crude futures are extending a strong March rally. Middle East tensions are keeping markets on edge. Reports suggest the US and Iran might be nearing a peace deal. However, ongoing attacks and threats to energy assets maintain supply concerns. Even if the conflict ends, infrastructure damage could keep supplies...Read More

The Reserve Bank of India has capped loans for share purchases at ₹1 crore per borrower across the banking system, with IPO and ESOP funding limited to ₹25 lakh. These measures aim to curb speculative borrowing and reduce credit risk for banks.Read More