Three Nifty500 stocks flashed a Golden Crossover on June 12, a widely followed bullish indicator. Deepak Fertilisers, Inventurus Knowledge Solutions and Deepak Nitrite showed strengthening technical momentum.Read More

Indian investors are increasingly seeking global investments. Wealth managers emphasize strategic diversification, not reactive choices. Devina Mehra of First Global highlights India’s small global market share and the rupee’s depreciation as reasons for international allocation. She advises against treating the US as a global proxy and warns against panic-selling. Proper management of global funds is...Read More

Over half of India’s top Nifty50 stocks are now trading at lower forward P/E multiples than in 2023, indicating a significant valuation correction. This discount sale, driven by macro anxieties and a slowdown in earnings growth, presents a recalibrated risk-reward scenario for investors. Experts suggest this period offers a tactical accumulation window for long-term capital...Read More

Indian equities experienced a robust start to the week, with the Sensex and Nifty surging over 1.5% each. This rally was fueled by an Iran-US peace framework and declining oil prices, mirroring positive global market trends. The significant gains boosted the total market capitalization of BSE-listed companies by nearly Rs 8 lakh crore.Read More

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Four Vedanta Group firms—Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel—are set to list on BSE and NSE today following a special pre-open session. This marks the final stage of the conglomerate’s significant demerger, with eligible shareholders receiving shares in each of the four entities.Read More

Brent Crude oil price : Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel, while U.S. West Texas Intermediate crude declined $4.01, or 4.72%, to $80.87. Both benchmarks had already fallen more than 3% on Friday.Read More

Anil Agarwal plans to relist Vedanta Resources, potentially in the US. The group intends to invest $100 billion in India’s metals and minerals sector. Vedanta will be restructured into five separate listed companies. This move aims to scale businesses independently and meet the country’s growing resource demand. Agarwal sees significant potential in the oil and...Read More

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The US dollar weakened significantly on Monday. This happened after news of a peace deal between the United States and Iran emerged. Oil prices dropped sharply, leading investors to seek riskier assets. Currencies like the Euro and Sterling saw gains against the dollar. Analysts expect the dollar to continue falling in the coming days.Read More