The seasonality in March continues to favor bulls, with Nifty ending the month on a positive note eight times in the last decade. Much of this supershow can be attributed to Foreign Institutional Investors (FIIs), who have been net buyers 70% of the time. They were ably supported by domestic institutional investors (DIIs), who acted […]
Shriram Finance shows a strong bullish structure on the daily chart, characterized by a classic higher high-higher low formation, which is a well-known bullish continuation pattern. The stock has gained support near the 20-day EMA and has recently formed a strong bullish candle, reflecting aggressive buying interest and strong demand at lower levels. The stock […]
China’s central bank has stepped in to tame the yuan’s rapid rise, announcing it will eliminate currency reserve requirements for certain futures contracts, a move seen as boosting dollar buying and cooling the currency’s recent rise.The decision follows a sharp rally in the yuan, which rose to a nearly three-year high against the U.S. dollar […]
Gold prices remained largely steady on Friday, with investors digesting the previous day’s nuclear talks between the US and Iran, while the dollar, hovering near a three-week high, put pressure on the yellow metal. RAW MATERIALS Spot gold was steady at $5,187.39 an ounce by 0146 GMT. Bullion hit a more than three-week high on […]
Analysts expect markets to remain stuck in a mixed global environment, with stock-specific action driven by themes of domestic demand and policy-related opportunities. In the current environment of heightened global volatility, we recommend focusing on domestically focused sectors such as PSU banks, autos, healthcare, metals and capital goods, where demand visibility remains relatively stronger, said […]
Mumbai: Domestic institutional inflows into equities slowed in February to the lowest level since April 2025, as lackluster returns over the past 18 months and a shift in investor appetite towards better-performing precious metals reduced inflows into common equity products. According to provisional data, these investors, which include mutual funds, insurers, pension funds and government […]
Samayat Services LLP, the promoter of Vishal Mega Mart, is expected to sell a 6.5% stake in the company through a block deal. The shares are likely to be sold at a price of Rs 115 each, which implies a discount of 10% to today’s closing price, according to the ET Now report.Samayat Services held […]
Capital market regulator Sebi on Thursday warned investors against circulating false notices in its name demanding payment of Securities Transaction Tax. The market watchdog further stated that fraudsters are sending false notices, forging the regulator’s letterhead and demanding payment for outstanding STT amounts. “It has come to the attention of SEBI that certain fraudsters have […]
India’s major indices Nifty and Sensex closed largely unchanged on Thursday as selling pressure on financial stocks limited gains in auto and FMCG stocks. HDFC Bank, which has the highest weightage in Nifty after Reliance Industries (RIL) emerged as the biggest laggard. The broader Nifty rose 14 points, or 0.06%, to close at 25,496.55, while […]
Home First Finance Company India’s promoter entities Aether (Mauritius) Limited and True North Fund V LLP sold shares worth Rs 326 crore and Rs 334 crore in separate bulk deals today Thursday. The buyers were the French multinational bank Societe Generale and PICTET – Indian Equities.Together they sold shares worth Rs 660 crore. The stock […]