Gold and silver futures surged on MCX Monday, recovering from last week’s sharp declines. Silver prices had fallen nearly 10%, while gold saw a 2% correction. Experts suggest buying gold and silver within specific ranges, anticipating continued price swings due to economic data and geopolitical factors. Traders are watching US macroeconomic reports for Federal Reserve...Read More
Asian markets celebrated a booming start to the week on Monday, propelled by the recent election of Japanese Prime Minister Sanae Takaichi, sparking hopes for enhanced economic stimulus. The robust recovery seen on Wall Street added to the positive vibes among investors. A particular focus on strong chip stock performance and opportunistic purchases in previously...Read More
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
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