Negative Breakout: These 11 stocks cross below their 200 DMAs
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
Category: Business News
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Knack Packaging IPO shares to debut today. Here’s what GMP suggests ahead of listing
Ahead of the listing, the grey market is indicating a positive debut. The IPO is currently commanding a Grey Market Premium (GMP) of around Rs 16 per share, suggesting an estimated listing price of Rs 186, about 10% higher than the upper end of the IPO price band of Rs 170.
D-Street set for a negative opening as GIFT Nifty trades lower
Domestic markets ended lower after a four-session winning streak on Tuesday. Profit booking and weakness in Realty and Metals stocks impacted market sentiment. Foreign portfolio investors bought shares, while domestic institutional investors sold them. The Indian rupee saw its biggest single-session gain in three weeks. Investor focus remains on business updates and trade agreement progress.
Kusumgar’s Rs 650-crore IPO opens today; grey market points to nearly 40% listing gain
The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166 per share. At this level, the stock is expected to list around Rs 585 per share, implying a potential gain of nearly 40% over the upper end of the IPO…
Gold eases as fresh US-Iran tensions lift oil prices, rate-hike bets
Gold prices fell to a near-weekly low as U.S. strikes on Iran boosted oil and the dollar. Higher interest rate expectations are pressuring the non-yielding precious metal. China’s central bank reported its largest monthly gold reserve increase in over two years. Hong Kong authorities unveiled measures to bolster currency and gold trading. Other precious metals…
Titan dividend alert! Last day to buy shares for Rs 15 dividend payout. Do you own?
Only those shareholders who own Titan shares in their demat accounts as of Thursday will be eligible to receive the bonus shares. Under the market regulator SEBI’s T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are credited to their demat accounts…
Will Trent shares rebound after Q1 update triggers 13% crash? Here’s what technical charts indicate
After the 13% crash, Trent shares have technically slipped below their 20-day EMA, while the RSI has witnessed a sharp downtick, signalling a shift in momentum from bullish to bearish, said Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities
NBFC credit grows 14% in May, led by retail and farm loans
Loans against gold jewellery remained the fastest-growing segment, surging 70% year-on-year to ₹3.29 lakh crore in May, compared with 39% growth a year earlier.
As issues line up, many companies join pre-IPO placement queue
Pre-IPO placements are making a comeback in India after a quiet start to 2026. Companies are securing valuations and marquee investors before their public offerings. Several firms have already raised funds, with more planning placements soon. This strategy helps de-risk upcoming initial public offerings for issuers. Institutional investors gain early access and valuation insights through…
Global Market Today: Oil rises, Asian stocks steady as US strikes Iran
Oil prices surged as the United States conducted airstrikes and revoked waivers for Iran. Asian stocks remained largely unchanged while investors assessed the geopolitical situation. S&P 500 and Nasdaq futures showed slight gains after earlier declines in US markets. Renewed tensions risk energy market disruptions and undermine the recent US-Iran peace deal. Investors are now…