Netweb Technologies India rose 3% after announcing a collaboration with Vertiv to jointly develop and validate GPU-based AI infrastructure solutions. The partnership integrates Netweb’s rack-scale GPU platforms with Vertiv’s cooling and power systems, targeting higher rack densities, faster deployment and stable performance for AI training and inference workloads across next-generation data centre environments.Read More

India’s Nifty IT index is experiencing a significant downturn, with investors fearing artificial intelligence could render the current IT model obsolete. While some analysts see an attractive entry point due to market overreaction, others warn of sustained underperformance and structural obsolescence, questioning the sector’s long-term trajectory and current valuations.Read More

Shriram Finance shows a strong bullish setup with a breakout near all-time highs and improving momentum indicators. Analysts suggest a Bull Call Spread strategy to capitalise on further upside. The trend remains positive above key support levels, with RSI indicating room for gains without entering overbought territory.Read More

China’s central bank is intervening to slow the yuan’s rapid climb. The People’s Bank of China is removing foreign exchange risk reserve requirements for certain forward contracts. This move encourages dollar buying and cools the currency’s surge. The yuan had reached a near three-year high against the US dollar. This policy adjustment signals policymakers’ concern...Read More

Acetech E-Commerce’s Rs 49 crore IPO opens February 27, priced at Rs 106-112, closing March 4. The company, involved in dropshipping and teleshopping, aims to use proceeds for marketing, working capital, and acquisitions. With a flat grey market premium, investor response will be key for its March 9 NSE SME debut.Read More

Gaudium IVF’s stock market debut is set for February 27. The Rs 165 crore IPO will list on BSE and NSE. Grey market premium is currently flat. The IPO saw strong subscription across retail and NII categories. The company plans to expand its IVF centers and repay loans.Read More

U.S. stocks declined sharply on Thursday, with the tech-heavy Nasdaq leading the losses after Nvidia’s earnings failed to impress investors. While the Dow held steady, the Philadelphia SE Semiconductor index’s drop threatened a record winning streak for the SOX. Investors are grappling with AI’s potential disruption and costs, impacting technology shares.Read More

Oil prices dipped Friday, heading for a weekly fall as US-Iran nuclear talks in Geneva showed progress. While initial concerns of conflict eased, the extended negotiations leave little time to reach a deal before a March deadline. Technical discussions are slated for next week, potentially influencing future supply outlooks.Read More

Post ContentRead More

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