Author: FinSiddhi

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

Indian markets experienced a downturn on Monday, with the Nifty closing below 24,000 due to profit-taking and geopolitical concerns. IT and Auto stocks faced selling pressure. Analysts suggest a cautious outlook, with attention on US-Iran talks and the Strait of Hormuz. The India VIX saw an increase, indicating heightened market fear.

In its UDRHP-I filing to Sebi, the company any ‘adverse’ outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects, results of operation and financial condition, including potential issuance or transfer of up to 7% of its shareholding.

The fresh offerings come amid mixed investor interest in the SME segment, although listing performance has remained muted in recent weeks, prompting investors to focus more closely on business fundamentals, valuations and subscription trends.

Gold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now anticipates U.S. interest rate hikes to combat inflation. This outlook, coupled with a strengthening dollar, is weighing heavily on the precious metal. Investors are keenly awaiting upcoming U.S. employment data for further clues…

Mahanagar Gas shares have surged on government’s push for piped natural gas adoption, aiming for a 20% customer base increase. This move is expected to significantly boost PNG consumption and accelerate volume growth. Despite a recent rally, the stock’s valuation remains attractive, with analysts predicting future earnings growth and potential for a re-rating as margin…

Indian aluminium giants Vedanta Aluminium and Hindalco Industries are poised for significant gains, with analysts predicting around 20% growth over the next 9-12 months. Despite recent price dips, a global supply deficit is expected to bolster metal prices. Investors are advised to capitalize on the current market correction to accumulate shares, anticipating strong performance driven…

Indian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to major discount brokers like Groww and Zerodha launching overseas investing services. This move, facilitated by the Liberalised Remittance Scheme, allows investments starting from just $1 with fractional shares. While charges include brokerage and forex conversion, GIFT City offers…

India’s external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. The US dollar’s strength significantly impacted this figure. While long-term debt saw a modest increase, short-term debt’s share grew, raising concerns about its proportion to foreign exchange reserves. Despite these shifts, debt servicing as…

Oyo’s parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality giant reported significant revenue and profit growth for the nine months ending December 2025, driven by international expansion, particularly in the US following the G6 Hospitality acquisition. PRISM operates across 43 brands…