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

Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texas Intermediate (WTI) traded around $68 a barrel.Read More

Astral’s stock dipped 11% after announcing a demerger of its chemicals business. Investors are concerned about the valuation and growth prospects of the standalone chemical entity, which currently lags the profitable plumbing segment. While analysts maintain ‘buy’ ratings, some have lowered target prices. The company anticipates significant revenue growth for the chemicals division in the...Read More

Asian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-high valuations amid rising costs and market competition. Meanwhile, US Treasuries saw yields fall after softer jobs data and lower oil prices eased expectations for further Federal Reserve rate hikes this year, though at least...Read More

Indian markets saw a second day of gains, with the Nifty reclaiming its 100-day moving average, signaling a bullish trend. Key companies like Marico, Tata Motors PV, and Adani Enterprises are in focus due to strong Q1 updates and fundraising plans. PNB and Bank of India reported significant credit growth, while HDFC Bank is enhancing...Read More

Indian equities saw a positive close on Thursday, with the Nifty climbing 0.5% to 24,175. Analysts anticipate a gradual upward trend driven by favorable global sentiment and central banks’ focus on inflation control. Stock-specific movements are expected from pre-quarterly business updates. The market’s fear gauge, India VIX, also declined significantly.Read More

Gold prices surged on Friday, marking its first weekly gain in five weeks. This uptick is attributed to softer-than-expected U.S. jobs data, which has led investors to scale back expectations of further Federal Reserve interest rate hikes. The weaker payroll numbers have eased inflation concerns, boosting bullion’s appeal. Other precious metals like silver, platinum, and...Read More

The US dollar experienced its sharpest weekly decline in almost three months, driven by a weaker-than-expected June jobs report. This eased market expectations for immediate Federal Reserve rate hikes, offering a much-needed reprieve for the Japanese yen. Other major currencies like the euro and sterling also saw gains against the softening dollar, indicating a shift...Read More

IC Electricals is launching its Rs 47.91 crore NSE SME IPO, comprising an entirely fresh issue of 48.39 lakh equity shares. The IPO will remain open from July 3 to July 7, 2026, with the allotment expected on July 8 and a tentative listing on the NSE SME platform on July 10, 2026.Read More

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