China’s central bank is intervening to slow the yuan’s rapid climb. The People’s Bank of China is removing foreign exchange risk reserve requirements for certain forward contracts. This move encourages dollar buying and cools the currency’s surge. The yuan had reached a near three-year high against the US dollar. This policy adjustment signals policymakers’ concern...Read More

Acetech E-Commerce’s Rs 49 crore IPO opens February 27, priced at Rs 106-112, closing March 4. The company, involved in dropshipping and teleshopping, aims to use proceeds for marketing, working capital, and acquisitions. With a flat grey market premium, investor response will be key for its March 9 NSE SME debut.Read More

Gaudium IVF’s stock market debut is set for February 27. The Rs 165 crore IPO will list on BSE and NSE. Grey market premium is currently flat. The IPO saw strong subscription across retail and NII categories. The company plans to expand its IVF centers and repay loans.Read More

U.S. stocks declined sharply on Thursday, with the tech-heavy Nasdaq leading the losses after Nvidia’s earnings failed to impress investors. While the Dow held steady, the Philadelphia SE Semiconductor index’s drop threatened a record winning streak for the SOX. Investors are grappling with AI’s potential disruption and costs, impacting technology shares.Read More

Oil prices dipped Friday, heading for a weekly fall as US-Iran nuclear talks in Geneva showed progress. While initial concerns of conflict eased, the extended negotiations leave little time to reach a deal before a March deadline. Technical discussions are slated for next week, potentially influencing future supply outlooks.Read More

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As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be in an overall uptrend.Read More

Gold prices remained stable as investors assessed U.S.-Iran nuclear talks, while a strong dollar pressured the yellow metal. Despite slight increases in jobless claims, the labor market appears steady. Markets anticipate Federal Reserve rate cuts, though economic optimism could temper this outlook.Read More

Global currency markets saw the Australian dollar surge on hawkish central bank expectations, while the Japanese yen weakened due to political interference in monetary policy. Shifting interest rate outlooks dominated currency movements this month, with investors now focused on which central banks will lead in rate hikes, not cuts.Read More

Manilam Industries is set to list on the NSE SME platform on February 27. The IPO closed on February 24 and was subscribed 6.25 times overall. The company plans to use the funds for equipment, solar panels, loan repayment, and working capital. Manilam Industries manufactures decorative laminates and trades in plywood.Read More