Ather Energy’s tapering losses put stock in fast lane, but is the rally justified?

India’s gold jewellery demand is showing signs of recovery as stable prices and retailer discounts draw consumers back to stores, the World Gold Council said. Festive season orders have begun picking up, while gold ETF inflows and digital gold purchases also rebounded despite weaker demand for bars and coins.

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.

Adani Enterprises successfully raised ₹15,000 crore through a qualified institutional placement, attracting significant interest from both foreign investors like Capital Group and Goldman Sachs, and domestic mutual funds. The issue was oversubscribed nearly four times, with the funds earmarked for capital expenditure, debt repayment, and strategic growth initiatives. This successful fundraising underscores strong investor confidence…