Indian equity markets are experiencing significant volatility after three days of selling. Technical indicators suggest a potential short-term rebound due to extreme oversold conditions, with Nifty possibly testing 24,600-25,000 and Bank Nifty nearing 60,000. Experts advise against panic selling, noting the VIX spike reflects heightened concern but not peak panic yet.Read More
Indian markets mirrored global trends as US stocks surged on Wednesday. Investor fears eased following reports of Iran’s openness to talks and President Trump’s commitment to stabilize oil markets. Tech shares saw renewed interest, boosting the Nasdaq. The S&P 500 neared its all-time high. Oil prices remained steady. This development offers a glimmer of optimism...Read More
Asian equities rebounded, tracking US stock gains fueled by positive economic data, despite ongoing Iran war uncertainty. South Korea’s Kospi surged 11%, and the MSCI Asia Pacific Index rose 2.8%. Oil prices continued their ascent for a fifth day, while gold advanced as the dollar weakened.Read More
Oil prices were up more than one percent in early Asian trade on Thursday off the back of persistent worries about supplies because of the Middle East conflict. But following days of market declines, Asian stocks rose in early trade Thursday.Read More
The Indian rupee hit a record low of 92.16 against the dollar, mirroring a sharp rise in equity fear gauges. This depreciation was driven by West Asian war disruptions impacting oil and gas supplies, prompting a flight to safe-haven dollar assets. The Reserve Bank of India intervened by selling dollars to slow the rupee’s slide.Read More
Elfin Agro’s Rs 25 crore IPO opens for subscription on Thursday. The issue is priced at Rs 47 per share and will close on March 9. The company plans to list on the BSE SME platform on March 12. The IPO is entirely a fresh issue of 53,25,000 shares. Elfin Agro manufactures wheat-based products and...Read More
Yaap Digital, backed by Mukul Agrawal, is set for its stock market debut on March 5. The Rs 80.11 crore IPO saw healthy subscription, especially from QIBs, but grey market signals suggest a flat listing. The company, a digital content and marketing services agency, plans to use IPO funds for acquisitions and expansion.Read More
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