Dr Reddys Share Price Live Updates: Dr. Reddy’s Laboratories closes at Rs 1234.5
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Zensar Tech among 4 stocks that closed crossing below VWAP
Four Nifty500 stocks, Gallantt Ispat, Aegis Vopak Terminals, Zensar Technologies, and Welspun Living, closed over 2% below their VWAP on July 14, indicating increased selling pressure and potential bearish momentum.
Concor among 4 stocks flashing bullish signals, hinting at a possible uptrend
On July 14, four stocks in the Nifty500 appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data. The bullish candlestick pattern reflects strong buying momentum throughout the trading session, signalling sustained positive sentiment and the potential for a continuation of the upward price trend.
Explained: Why TCS, Infosys, Wipro & other IT stocks may tumble after IBM’s historic 25% plunge
Indian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge may face selling pressure after IBM plunged 25% in its steepest-ever one-day fall on weak preliminary quarterly results. The negative sentiment spilled over to US-listed Indian IT firms, with Infosys and Wipro ADRs falling up to 4%, while global software…
Gold edges higher on soft US inflation, Gulf conflict clouds rate outlook
Gold prices saw a slight increase on Wednesday as inflation data eased rate hike worries. Renewed Middle East conflict and rising oil prices, however, limited gains for the precious metal. Traders now anticipate a lower probability of a U.S. interest rate increase this year. Investors await China’s economic data, which could impact gold demand from…
Fed’s ‘ample reserves’ approach is a focus of Warsh’s balance sheet review
Federal Reserve Chairman Kevin Warsh is reviewing interest rate policy and balance sheet management. The central bank is examining the ample-reserves regime and its bond holdings. Warsh indicated a full return to pre-crisis policies is unlikely for the Fed. He stated any changes to the balance sheet would be deliberated and public. The Fed’s balance…
Kusumgar shares set to make market debut today; GMP hints at 39% listing premium
Market participants estimate the Kusumgar IPO’s grey market premium at around Rs 162, or nearly 39% above the upper issue price of Rs 419 per share. This implies an estimated listing price of about Rs 581.
Negative Breakout: These 12 stocks cross below their 200 DMAs
The 200 DMA is a key indicator traders use to determine the overall trend in a particular stock.
Life insurers seen posting mixed Q1 nos, health players likely to outperform
Life insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong performance, driven by sustained demand and improved affordability. General insurers will likely face continued pricing pressures in motor and commercial insurance lines. Axis Max Life and SBI Life are projected to lead retail APE growth among private…
Korea’s AI stock rout is becoming a lesson in leveraged excess
South Korea’s AI stock boom is now a cautionary tale of leverage’s power. SK Hynix’s plunge triggered billions in stock sales, deepening the Kospi’s slide. Leveraged products and concentrated index weightings amplified market swings in both directions. This dynamic is now being watched globally as Korea is central to the AI hardware supply chain. Regulators…