Twelve stocks from the Nifty500 universe posted a positive technical signal after closing above their 200-day moving averages on February 06, 2026. Traders widely track the 200 DMA to assess long-term price trends, with prices above it indicating sustained bullish momentum.Read More

Tata Steel reported a significant 723% year-on-year surge in its December quarter consolidated net profit, reaching Rs 2,689 crore. Revenue also saw a 6% increase to Rs 57,002 crore, driven by strong performance in India with record crude steel production and deliveries. The company reaffirmed its India growth strategy, focusing on expansion and acquisitions.Read More

IREDA shares are set to remain in focus after the board approved a Rs 2,994 crore QIP to raise capital while limiting government dilution. The announcement follows strong quarterly and nine-month financial performance, with robust growth in revenue, profits and lending activity, even as the stock remains under technical pressure.Read More

SBI shares are set to remain in focus after the lender reported its highest-ever quarterly profit in Q3FY26, supported by healthy loan growth, stable margins and improving asset quality. Brokerage firm Nuvama Research upgraded its outlook on the stock and raised its target price, citing strong operating performance and sustained credit growth visibility.Read More

Aye Finance is launching its first public offer on Monday to raise Rs 1,010 crore. The IPO is priced between Rs 122 and Rs 129 per share. The company aims to strengthen its capital base. Investors can subscribe until February 11. Shares are expected to list on February 16.Read More

Fractal Analytics’ IPO opens today. This is a significant event for India’s stock market. It is the first pure-play artificial intelligence company to list. The IPO aims to raise Rs 2,834 crore. Investor interest in AI businesses remains strong globally. The company has shown a strong financial turnaround. Analysts suggest it is suited for high-risk...Read More

Textile stocks are poised for a boost as India and the US finalize an interim trade deal, reducing tariffs on textile exports to 18%. This agreement alleviates a significant overhang for the sector, which heavily relies on the US market for revenue. The deal is expected to attract foreign investors and potentially trigger a market...Read More

Indian IT stocks are experiencing a sharp selloff, with billions in market value lost. Fears that AI automation could disrupt the traditional outsourcing model, particularly in areas like ERP implementation, are driving the decline. While some analysts remain cautiously optimistic about the sector’s role in AI adoption, investors are reassessing the future of India’s tech...Read More

Anand Rathi Share and Stock Brokers Limited is under scrutiny after reporting a Rs 13 crore fraud involving off-market share transfers from a client’s demat account. The company stated that unknown individuals, allegedly with the connivance of group company employees, committed fraud, cheating, and document fabrication. Investigations are ongoing, and legal action is being initiated.Read More

Five stocks from the Nifty200 index triggered bullish technical signals after forming the White Marubozu candlestick pattern on February 6. The pattern indicates strong buying interest throughout the trading session and is widely tracked by traders to assess potential trend reversals or continuation in stock prices.Read More