Shares of AU Small Finance Bank are in focus after the Government of Haryana de-empanelled it for government business over suspected unauthorised transactions. The bank says accounts followed KYC norms. IDFC First Bank was also de-empanelled after a Rs 590 crore fraud disclosure.Read More
Five Nifty500 stocks, including Hyundai Motor India and Siemens, have shown a bullish RSI crossover above 50, signalling strengthening price momentum. Identified through StockEdge data, these stocks gained over 2.5% and may present potential short-term buying opportunities for traders tracking technical indicators.Read More
Bitcoin and other cryptocurrencies experienced a significant slide in early Asian trade, with Bitcoin dropping nearly 4.8% to $64,300. This decline is attributed to renewed nervousness surrounding US tariffs and broader macroeconomic uncertainty, including geopolitical tensions. Analysts are watching the $60,000 support level closely, while a reclaim of $70,000 is needed for bulls to regain control.Read More
Valuations in Indian IT stocks have become attractive amid AI disruption concerns, but S Naren of ICICI Prudential AMC stresses that low multiples alone are insufficient. Clarity on long-term growth and AI’s true impact is crucial for investor confidence and potential upside in the sector.Read More
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