Tech View: Nifty forms Hammer candle, holds 22,725 support. How to trade on Wednesday
Tech view: Nifty has formed a Hammer candlestick pattern near multiple support zones, signalling strength. As long as it holds the recent low of 22,725, a buy-on-dips strategy remains favourable. The 21-day simple moving average (DSMA) at 23,240 serves as an immediate hurdle, and a decisive breakout above this level could confirm a near-term bottom […]
LG kicks off roadshows for $1.5 billion India IPO
LG Electronics is holding roadshows for its Indian unit’s planned IPO, expected to raise $1-1.5 billion with a valuation up to $15 billion. The Mumbai listing, aided by major banks, follows Hyundai’s record Indian IPO last year. Despite initial excitement, Hyundai’s stock performance has dipped, reflecting a broader market slowdown.
Samit Vartak sees strong growth in luxury real estate and home finance amid market correction
There are only two companies which really did really well across when that space did nothing, even in the agrochemical space PI Industries kind of a company did so well.
Market volatility signals potential for stock-specific opportunities: Neeraj Dewan
The third quarter was disappointing, people expecting too much from the third quarter after the bad second quarter that we saw, but that expectation was fruitless because things did not really materialise as we were expecting.
Ajax Engineering shares jump 4% after Morgan Stanley offloads Rs 45 crore stake via block deal
Ajax Engineering listed at an 8.4% discount on Monday, debuting at Rs 576 on the NSE and Rs 593 on the BSE, compared to its issue price of Rs 629. However, the stock recovered to close at Rs 593.40 on the NSE, up 3% from the listing price, and at Rs 595.60 on the BSE, […]
ETMarkets Smart Talk: Hunting for multibaggers or capital protection? Nitin Aggarwal weighs in
We do believe that with the reduction in taxes to boost consumption as well as interest rate cut by the RBI will certainly give boost to private investments.
High long-term US yields shows concern over fiscal deficits: Fed’s Waller
Fed Governor Chris Waller explains that rising long-term bond rates, despite Fed rate cuts, stem from concerns over large U.S. fiscal deficits and the market’s ability to absorb them.
Gold inches higher on concerns over Trump tariff threats
Gold prices saw a slight increase amid ongoing uncertainties surrounding U.S. President Donald Trump’s tariffs, enhancing bullion’s appeal as a safe-haven asset. Fed officials are expected to provide further insights on monetary policy, while Goldman Sachs has raised its gold price forecast due to higher structural central bank demand.
Swiggy with a lot in store also needs profit on menu
After an uptick during the first month since its public listing on November 13 2024 where it gained 58% from the offer price of ₹390, the stock has gradually sunk below this threshold. In 2025 so far, it has lost 37%. The stock may remain under pressure in the short term given rising fixed costs […]
Asian stocks edge lower, RBA decision awaited
Japanese and South Korean equity indexes traded in a tight range, while those in Australia declined. Futures pointed to gain in Hong Kong and an advance in US benchmarks after a holiday on Monday.