As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.Read More

Gold prices dipped slightly after reaching a seven-week high, as investors took profits. Meanwhile, silver continued its impressive run, hitting another all-time peak driven by strong industrial demand and falling inventories. Investors are now keenly awaiting U.S. jobs data for clues on future Federal Reserve policy.Read More

Post ContentRead More

The Nasdaq experienced a one-week low as Oracle’s significant AI spending plans overshadowed a dovish Federal Reserve. Oracle’s stock plummeted after its quarterly forecasts missed expectations, raising concerns about its AI cloud strategy burning cash. Technology stocks, including Nvidia and Broadcom, also declined, impacting the S&P 500 and semiconductor index.Read More

ICICI Prudential Asset Management’s pre-IPO share sale saw robust participation. Around ₹4,900 crore was raised from 26 investors including foreign institutions and family offices. An additional ₹3,021 crore came from an anchor book with 74 institutional investors. Prominent names like Lunate, Premji Invest, and the estate of Rakesh Jhunjhunwala were among the participants. Major insurers...Read More

Several mid-sized lenders, including Kotak Mahindra Bank, RBL Bank, and IndusInd Bank, are slowing new credit card issuances due to ongoing sector stress and a focus on cleaning up books. This contrasts with larger banks like HDFC Bank and ICICI Bank, which continue aggressive portfolio expansion.Read More

Asian stocks opened higher, mirroring record highs in US and global equities following the Federal Reserve’s interest-rate cut. SoftBank Group saw a significant jump, while caution lingered for some tech names despite the broader rally. The market anticipates continued momentum into year-end and potentially 2026.Read More

ICICI Prudential AMC is set to raise ₹10,600 crore through an offer for sale. This move will reduce promoter shareholding to 90.1%. The company shows strong growth in assets under management and a growing investor base. Its performance is linked to retail investors and market volatility.Read More

Indian equities rose on Thursday, with the Nifty ending its three-day decline. Foreign institutional investors continued their selling streak for the eleventh consecutive session. Key economic data releases from India and the UK are anticipated today, while the Indian rupee hit an all-time low against the US dollar.Read More

Indian markets saw a rebound on Thursday after three days of decline. Analysts suggest caution until a key resistance level is cleared. Investors should watch banking and IT stocks closely for market direction. Global market trends, especially from the US, will also play a role.Read More