Om Power Transmission’s Rs 150.06 crore IPO is in its second day of bidding, with a modest grey market premium of around 2% suggesting a listing slightly above the issue price. The IPO, open until April 13, saw 39% subscription on Day 1, with retail investors showing 30% uptake.Read More

India’s Reserve Bank of India has intervened to support the rupee, forcing local banks to unwind bearish bets. This move, while strengthening the currency, risks alienating global investors and has increased hedging costs, potentially hindering future market integration efforts.Read More

Sachin Relekar of Axis Mutual Fund sees opportunities in consumer internet, financials, and metals. He believes platform businesses are nearing profitability. Large private banks offer value at decade-low valuations. Metals provide predictable earnings due to domestic demand and supply dynamics. Investors should focus on these structural trends for long-term gains.Read More

Indian stock markets surged on Friday, with Sensex and Nifty climbing approximately 0.7%. This rise, adding over Rs 4 lakh crore to market capitalization, was fueled by optimism surrounding a potential Iran-US ceasefire and other positive developments. Both indices saw significant gains in early trading.Read More

Nine NSE F&O stocks, including Godfrey Phillips and Cochin Shipyard, saw over 15% rise in futures open interest, indicating fresh positions, heightened participation, and strengthening directional sentiment among derivatives traders.Read More

Eicher Motors is launching its first electric motorcycle, the Flying Flea C6, under a new brand. Bookings open Friday for the agile, rider-centric bike, priced at Rs 2.79 lakh plus battery service. Deliveries start late May 2026. The C6 boasts a 115 kmph top speed and advanced connectivity, reimagining a classic for modern riders.Read More

An uptrend signal is generated when the RSI value crosses above 50 from below.Read More

Oil prices are climbing following attacks on Saudi energy facilities. Disruptions at the Strait of Hormuz continue, impacting global supply. Despite a ceasefire, tensions remain high. Experts predict sustained higher oil prices, with potential for further increases if disruptions persist. The market anticipates a volatile period for crude.Read More

PropShare Celestia REIT is now open for investment. This offering provides a chance to invest in commercial real estate. The issue is for Rs 245 crore and closes on April 16. Investors can buy units priced between Rs 10 lakh and Rs 10.5 lakh. The funds will acquire a commercial property in Ahmedabad.Read More

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