Category: Stock

Target: Rs 4,800Stop Loss: Rs 4,450 The stock has witnessed a breakout above the 21EMA after a prolonged consolidation phase. On the daily chart, the RSI has turned upwards with a bullish crossover, indicating strengthening momentum. Sustaining above 4,550 could open up further upside towards 4,700–4,800 levels in the near term. On the downside, immediate […]

Trump Media and Technology Group announced the filing for five new exchange-traded funds with the U.S. Securities and Exchange Commission on Wednesday. These filings, made on behalf of Trump Media by Yorkville America Equities, add to the requisitions earlier in the year for ETFs that track digital assets such as bitcoin and ethereum. The ETFs […]

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) on Wednesday sold its entire 1.65% stake in Kotak Mahindra Bank for Rs 6,256 crore via block deals. SMBC’s over 3.2 crore shares were sold to scores of buyers at a price of Rs 1,940.8 apiece which include domestic and foreign funds, asset management companies and sovereign funds. The […]

The Indian market ended higher on Wednesday, with the Nifty notching a sixth consecutive gain, after U.S. President Donald Trump said his administration is continuing negotiations to address trade barriers with India, while optimism over potential goods-and-services tax cuts and hopes of a U.S. rate cut further supported sentiment. The S&P BSE Sensex rose 323.83 […]

Markets regulator Sebi on Wednesday cancelled the registration of 18 investment advisers for failing to pay renewal fees, a statutory requirement under its regulations. “…of the intermediaries regulations, 2008, hereby cancel the certificate of registration of investment adviser of the noticee No 1 to 18,” Sebi’s General Manager Soma Majumder said in the order. The […]

Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems. The surge in Oracle’s cloud business reflects a broader shift in the industry, with companies such as OpenAI and xAI scrambling to […]

Indian markets closed higher for the sixth straight session, led by IT and financials, while auto stocks dragged. OFSS, IT majors, seafood exporters, textiles surged, whereas CarTrade Tech and JM Financial faced sharp declines. Source link

Markets may see short-term weakness, but the medium to long-term outlook for Indian equities remains strong, according to Sanjay H Parekh, Founder and CIO of Sohum Asset Managers. Speaking to ET Now, Parekh said that India’s economic fundamentals remain robust, supported by healthy balance sheets across the government, RBI, corporates, and households.“Structurally, things are quite […]

India’s Infrastructure Investment Trusts (InvITs) are set for wider participation after the Securities and Exchange Board of India (SEBI) lowered the minimum subscription in privately placed InvITs to ₹25 lakh. The new rule reduces the minimum ticket size in the primary market from ₹1 crore—and in some cases ₹25 crore—to ₹25 lakh, aligning it with […]

The political crisis in Nepal, which has left 19 people dead and forced Prime Minister KP Oli to resign, may have implications for at least 6 Indian listed companies, including ITC, HUL and Dabur. However, analysts suggest the impact on their earnings will likely be contained. PepsiCo’s bottler Varun Beverages, along with Dabur, ITC, Marico, […]