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Indian pharma stocks are likely to remain in focus after US President Donald Trump announced a phased tariff plan for generic medicines, offering a two-year tariff exemption before imposing steep duties from 2028.
Five Nifty500 stocks, Gujarat Fluorochemicals, TVS Motor, HFCL, Manappuram Finance, and Zen Technologies, formed a bullish White Marubozu pattern on July 21, signaling strong buying momentum and potential upside, according to StockEdge.
Five Nifty500 stocks, Data Patterns, Karur Vysya Bank, Syrma SGS Technology, Gabriel India, and Kalyan Jewellers, closed over 1.5% above their VWAP on July 21, signaling bullish momentum.
Gold prices climbed to a two-week high amid technical buying and Middle East tensions. Investors await the Federal Reserve meeting for interest rate outlook clues. Oil prices rose over one percent due to shipping disruptions in the Red Sea. Iran’s interior minister visited Pakistan seeking continued mediation efforts. Other precious metals like silver, platinum, and…
The company’s shares are currently commanding a grey market premium (GMP) of around 17%, indicating expectations of a healthy listing gain, although GMP is an unofficial market indicator and should not be considered a guarantee of listing performance.
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A Bloomberg-compiled basket of 15 stocks linked to import substitution has rallied more than 20% since the start of the Middle East conflict, outperforming the benchmark NSE Nifty 50 Index, which has dropped about 2%. The rally stands out as the basket has become a haven for investors seeking shelter from broader market volatility.
Asian stocks climbed for a second day, led by chipmakers. The Kospi Index saw a significant jump, reflecting AI investment optimism. Crude oil prices advanced, reigniting inflation concerns and pushing Treasury yields higher. Gold and silver also advanced on dip-buying, while the yen slid past 163 per dollar. Investors now await earnings from Alphabet and…
The London Stock Exchange will introduce LSE 24, a new venue for extended trading hours. This initiative aims to offer near-continuous trading, competing with cryptocurrency platforms. Exchange-traded products will be the initial assets available on the platform. The exchange seeks to provide greater flexibility and enhanced market liquidity for clients. This move comes as younger…
Sebi has directed depositories to freeze promoter holdings during company buyback periods. This restriction will be in effect from board approval until the offer closes. Promoters can still participate in buybacks through the tender offer route. Existing pledges created before the buyback period can also be invoked. Depositories must implement these operational systems by August…