On July 29, five Nifty 500 stocks including Hindustan Unilever, Suzlon Energy, and Capri Global Capital closed below their Volume Weighted Average Price (VWAP). According to StockEdge data, closing below VWAP indicates that late-session trading occurred below the day’s average price, signalling potential short-term selling pressure.Read More

Shree Balaji (Mala) Textiles is set for its stock market debut today on the BSE SME platform. The company’s shares are showing a strong grey market premium of 80%. Its recent IPO received an overwhelming subscription of over 186 times overall. Proceeds from the issue will primarily strengthen the company’s working capital needs. Shree Balaji...Read More

Foreign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreign investor stake increase. Mutual funds also cut holdings in nine of ten Nifty IT companies. Some foreign investors now see opportunities in beaten-down IT valuations. Sector growth faces challenges from artificial intelligence and global...Read More

Ratings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuations may outpace uncertain future returns, Fitch stated. Geopolitical tensions, particularly the U.S.-Iran conflict, add further significant challenges to the credit environment. Emerging markets face additional pressure from rising costs and climate-related shocks. Policymakers and investors...Read More

Larsen & Toubro (L&T) shares climbed after the company reported a 14% YoY rise in Q1 FY27 net profit to ₹4,123 crore. Revenue from operations grew 7% to ₹67,942 crore, with international business contributing 51% of total revenue. Following the strong earnings, brokerages maintained their ‘Buy’ ratings on the stock.Read More

Ferns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annual revenue growth of approximately twenty-five percent is targeted. The retailer will also expand its store network to three hundred fifty locations. This move supports growth in India and international markets.Read More

The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.Read More

SK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage have impacted the stock. Recent reports on Chinese progress fueled further worries about capacity. Despite expected record earnings, investors are becoming cautious about memory chip prices. The company’s stock still shows strong annual gains due to its AI leadership.Read More

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Brent crude jumped 5% to around $88 a barrel, recovering after its biggest three-day decline since April 2020. The U.S. West Texas Intermediate (WTI) crude advanced $.67, or .47%, to $83.Read More