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

According to SEBI’s T+1 settlement cycle, investors must buy a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action.Read More

Expected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tighter West Asian liquidity are impacting these mobilizations. Early estimates had not fully factored in the tax impact on non-resident Indians. The Reserve Bank of India’s special incentives for this program will conclude on September thirtieth. HDFC...Read More

In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of Axis Bank and its subsidiaries-Axis Capital and Axis Securities-from 19.02% to 19.99%. Max Financial Services holds 80.01%.Read More

Nifty Midcap 150 reached a record high, and Smallcap 250 neared its peak. However, the broader market breadth shows a weak trend with few gainers. Concentrated fund flows into mid and small caps are driving select indices higher. Foreign institutional investors have exited bluechips, causing the Nifty 50 to underperform. The market is in a...Read More

The investment manager, which oversees about ₹18,300 crore across portfolio management services and alternative investment funds, plans to raise the maiden fund in the next 12-18 months. It will focus on profitable companies seeking ₹100-300 crore of growth capital, a segment the firm believes has become underserved as private equity funds have grown larger.Read More

Reliance Industries’ energy division performance offset retail and Jio BP weakness in the June quarter. Elevated product cracks are expected to benefit refining margins due to global fuel supply disruptions. The company aims for peak refinery utilization through diversified crude sourcing and integrated oil-to-chemicals operations. Its upstream business is entering a new investment cycle to...Read More

Markets advanced Friday, gaining over one percent despite weak global cues. Analysts await quarterly results from Reliance Industries, HDFC Bank, and ICICI Bank. ICICI Bank reported a 16% year-on-year net profit increase for the June quarter. YES Bank and PNB also posted significant year-on-year profit growth. Kotak Mahindra Bank and Axis Bank also announced their...Read More

Domestic equities ended the week on a strong note, with Nifty rising. Analysts expect a gradual uptrend next week, driven by strong Q1 earnings. Investor focus will remain on management commentary and earnings reactions. India VIX fell, indicating reduced market fear. Foreign investors were net buyers of shares on Friday.Read More

Analysts expect the rally to extend towards 24,500-24,750, with some seeing the potential for 25,000, although they believe the index must first overcome resistance around the 24,350-24,600 zone. The index closed at 24,334 on Friday.Read More