Bagmane Prime Office REIT is set to launch its IPO today, May 5. The company has secured significant backing from anchor investors, including the prominent Jhunjhunwala Discretionary Trust. This move signals strong institutional confidence in India’s upcoming sixth listed real estate investment trust.Read More

Recode Studios’ IPO opens today, aiming to build an omnichannel cosmetics brand amidst market competition. The Rs 44.6 crore SME issue, priced between Rs 150-158, saw decent grey market sentiment with a 25% premium. The company, founded in 2021, offers over 350 products and plans to use IPO funds for expansion and marketing.Read More

Amba Auto Sales and Services is set for its stock market debut with grey market signals indicating a flat listing. The Rs 65.1 crore IPO, priced at Rs 135, saw mixed subscription, with institutional investors showing more interest than retail. The company, an authorized dealer for Bajaj Auto and LG, plans to use funds for...Read More

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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

Oil prices dipped Tuesday after a significant surge, as the U.S. Navy initiated operations to reopen the Strait of Hormuz. A U.S.-flagged vessel successfully navigated the passage, easing immediate supply concerns. However, tensions remain high with Iran launching attacks in response, impacting commercial shipping and an UAE oil port.Read More

Ather Energy reported a sharp narrowing of Q4 FY26 losses to Rs 100 crore, supported by strong revenue growth and improved operating metrics. Higher volumes, retail expansion, and product launches like Rizta drove performance, while EBITDA losses declined significantly, signalling improving unit economics and a stronger push towards profitability.Read More

Five stocks from the Nifty200 universe hit a 5-year swing high at the close on May 05, 2026, signalling strengthening bullish momentum. Such price levels reflect sustained buying interest and improving trend strength, though a swing high differs from a confirmed long-term breakout above key resistance levels.Read More

Five stocks from the Nifty500 universe were flagged in the RSI Trending Up scan on May 4 after gaining over 4%. The indicator turned positive as RSI crossed above 50 from lower levels, signalling improving momentum, strengthening sentiment, and potential short-term buying opportunities in select stocks.Read More

Global markets remain cautious as Middle East tensions persist, impacting oil prices and investor sentiment. The yen steadied after suspected intervention, while the dollar strengthened on safe-haven demand. Investors await the Reserve Bank of Australia’s policy decision, with a rate hike widely anticipated to combat inflation. The yen’s future hinges on oil prices and conflict...Read More