Metal stocks surged over 7% on Wednesday, driven by firm base metal prices and reduced uncertainty over US tariffs. Analysts suggest buying on dips, anticipating up to 25% upside. Companies like Lloyds Metals, National Aluminium, and Vedanta saw significant gains as investors shifted funds from IT to the buoyant metal sector.Read More

Indian IT stocks saw a brief rebound on Wednesday, ending a losing streak. However, analysts caution this relief might be temporary. Most derivative bets remain bearish after the IT index’s substantial drop. The sector experienced pressure throughout February, with new AI tools intensifying concerns about future revenue. Short covering fueled the bounce, but underlying weakness...Read More

The government is selling a stake in Indian Railway Finance Corporation. Analysts suggest caution for investors. The offer for sale aims to meet public shareholding norms. The floor price offers limited discount. IRFC has seen loan growth supported by railway capital expenditure. Future gains may depend on market sentiment.Read More

Fairfax-backed IIFL Finance is planning to raise $500-750 million in external commercial borrowings and dollar bonds this March. This move aims to diversify its funding sources and support business growth, with discussions underway with existing investors and banks from Singapore and Taiwan. The fundraising will utilize dollar-denominated loans and foreign currency social bonds.Read More

Yes Bank detected unusual unauthorized transactions on its multi-currency forex cards. The bank flagged these on February 24. Around Rs 2.5 crore in transactions were approved. However, the bank’s systems blocked many more attempts, preventing significant losses. The incident was traced to a Latin American country. Yes Bank is working with BookMyForex to protect customers.Read More

The Reserve Bank of India will conduct a Rs 25,000 crore switch auction of government securities on March 2. This operation aims to reduce redemption pressure in FY27 by replacing near-term maturing bonds with long-term instruments maturing after FY32. This move helps manage repayment obligations amidst significant gross market borrowing.Read More

Indian indices closed mildly higher as IT and auto stocks supported gains, while financials, FMCG, and energy limited upside. Nifty traded sideways near key moving averages, with volatility remaining elevated and investor sentiment cautious.Read More

​Circle surpassed Wall Street expectations for ​fourth quarter revenue on Wednesday, as income from reserves ​got a boost from a rise in circulation of its stablecoin token, sending its shares up more than 20% in early trading.Read More

Nifty ended higher supported by IT and auto stocks. Market remained volatile, trading sideways near 200-DMA, while analysts recommend Central Bank of India and Colgate Palmolive for bullish opportunities.Read More

Wall ​Street’s main ​indexes opened higher ​on Wednesday after volatile sessions earlier this ‌week ⁠as investors assessed ⁠risks to ​the AI trade and ​growing tariff doubts heading into Nvidia’s earnings ​due later ⁠in ‌the day.Read More