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

Canara Bank successfully raised Rs 3,500 crore through a new issuance of Basel III-compliant Additional Tier I bonds. The perpetual, unsecured bonds offer a 7.55% annual coupon and were fully subscribed, reflecting strong investor demand. This capital infusion is set to bolster the bank’s core capital, enhancing its financial resilience and potentially influencing investor sentiment.Read More

Maruti Suzuki is entering the electric vehicle market with its new e-Vitara SUV. The company has also launched a unified charging platform. This platform connects home and public charging stations. Maruti Suzuki has partnered with 13 charge point operators. They aim to provide access to over one lakh charging points by 2030.Read More

Nifty experienced selling pressure, closing lower at 26,032, with analysts noting uncertainty and resistance at 26,325. A bearish to sideways sentiment is expected to persist, with immediate support at a rising trendline on the hourly chart. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares.Read More

Indian markets saw a dip on weekly expiry day, continuing their consolidation phase. The Nifty is nearing support levels. Investors are advised to focus on specific stocks in auto, banking, pharma, and IT sectors. Companies like Vedanta, Maruti Suzuki, KPI Green, Canara Bank, and CEAT are in focus due to recent developments.Read More

Asian stocks traded in tight ranges as investors awaited fresh catalysts, with a cryptocurrency rebound losing steam. Mixed performance in regional markets mirrored Wall Street’s cautious approach ahead of key central bank rate decisions. Traders are carefully assessing economic data and potential Fed policy shifts, anticipating a ‘back and forth’ pattern in equities before a...Read More

The Bank of England has issued a stark warning. A massive spending boom in artificial intelligence infrastructure, funded by debt, faces significant risks. Stretched stock market valuations are a major concern. A correction in AI stocks could impact wider debt markets. This situation is developing and could affect household wealth and borrowing costs.Read More

Indian banks are boosting lending to higher-yield loans. This strategy aims to safeguard profit margins in a favorable credit market. Recent data shows an increase in the average lending rate on new loans. This trend helps banks maintain their net interest margins. Banks are also lending more to individuals and smaller businesses.Read More

The Indian Rupee has reached a historic closing low against the US Dollar, nearing the significant 90 mark. The Reserve Bank of India has intervened to slow the currency’s fall. Traders observe a shift in the RBI’s strategy, allowing for a wider trading range.Read More

Capital Group, Norges Bank Investment Management, ICICI Prudential Mutual, and Nippon India Mutual were among the funds that opted out of the e-commerce marketplace’s ₹2,439-crore anchor book, said sources.Read More