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

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...Read More

IDFC First Bank disclosed a Rs 590 crore fraud at its Chandigarh branch involving employees and Haryana government-linked accounts. The bank has suspended four officials, initiated a forensic audit, and informed authorities. The issue is isolated to specific accounts, with no broader customer impact. The stock is expected to remain in focus.Read More

Gold prices are climbing. Uncertainty surrounds trade deals after a Supreme Court decision on President Trump’s tariff powers. This has unsettled markets. Bullion has seen a significant rise. The dollar’s weakening is making gold more affordable for buyers. This situation is impacting international trade agreements. Gold’s recovery is gaining momentum.Read More

For investors scanning the Sensex for potential outperformers, the latest analyst consensus highlights several heavyweight names that could deliver strong returns in the coming year.Read More

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Shree Ram Twistex’s Rs 110 crore IPO opens Monday, with a grey market premium suggesting moderate listing gains. The company, a manufacturer of cotton yarns, plans to use proceeds for renewable energy projects, debt repayment, and working capital. The issue is entirely a fresh issue of 1.06 crore shares priced between Rs 95 and Rs...Read More

Kiaasa Retail’s Rs 70 crore IPO opens Monday, with no immediate listing gains expected. The company, a women’s ethnic and fusion wear brand, plans to use IPO proceeds for opening new stores. Kiaasa reported increased income and profit in FY25, operating 113 outlets across India.Read More

CleanMax Enviro Energy’s Rs 3,100 crore IPO opens Monday, with a marginal grey market premium suggesting limited listing gains. The renewable energy provider, India’s largest in the commercial and industrial sector, aims to repay debt with IPO proceeds. Analysts offer mixed views, with some recommending long-term investment despite aggressive valuation.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