Bitcoin sinks below $90,000 on U.S. trade concerns; Ethereum, Solana drop up to 15%
Bitcoin’s market capitalization dropped to $1.825 trillion, with its dominance standing at 61.25%. The cryptocurrency’s 24-hour trading volume surged by 144.5% to reach $51.42 billion. Stablecoins made up $134.24 billion of this volume, accounting for 94.16%, as per CoinMarketCap.
Mid & small-caps could face further pressure; large-caps show potential for gradual growth: Jitendra Gohil
Overall Nifty earnings should stabilise going forward. So, we are of the opinion that Nifty 50 index if I look at the valuation is currently near to 10-year average level and hence I feel that we might see more consolidation at this level, but major downside is now over.
Don’t fear Tesla; add defence, railways stocks post market correction: Deven Choksey
Deven Choksey highlights strong fundamentals in defence and railways stocks and sees opportunities in specific autos despite Tesla’s market entry concerns. He suggests looking at Tata Technology, Bajaj Housing Finance, ITC Hotel, Minda Industries, Kotak Bank, Bajaj Finance, and Bajaj Finserv for investments due to their current attractive valuations and growth potential.
C Vijayakumar on HCL Tech’s strategy for long-term success
C Vijayakumar, CEO of HCLTech, emphasizes the transformative potential of AI and the need for proactive adaptation in the IT services industry. He highlights the importance of growth and relevance over protecting existing revenue bases and the continued investment in capabilities to stay competitive.
Stocks to buy or sell today: Infosys, Kotak Bank among top 10 trading ideas for 25 February 2025
The Indian market is expected to consolidate on Tuesday due to mixed global cues. Nifty futures closed lower, and options data suggests a trading range between 22,000 to 23,000. Experts recommend stocks for short-term traders, with buy recommendations for Cholamandalam Investment, Kotak Mahindra Bank, SBI Cards, and Amber Enterprises, while advising sell positions on Infosys, […]
NSE Holidays 2025: Will stock market be open or closed on Maha Shivratri, February 26? Check details
Stock market holidays 2025: Indian stock markets will be closed on February 26, 2025, for Maha Shivratri. Trading will resume on February 27, 2025. The stock market holiday calendar includes 14 closures throughout the year, with upcoming holidays set for Holi on March 14 and Id-Ul-Fitr on March 31.
Tata Capital approves plans for IPO
Tata Capital is moving forward with its IPO plans, gaining approval to issue 23 crore new shares while allowing some existing shareholders to exit. The listing preparation process began in December, with Kotak Investment Banking leading. Tata Capital Financial Services, designated by the RBI as systemically important, must complete listing within three years.
Gold ETF Fund of Funds to provide strategic diversification alternative to investors: Sanjay Bembalkar
Sanjay Bembalkar, Head of Equities at Union Asset Management, advises investors to consider gold ETFs for safer, liquid portfolios without emotional ties. In light of geopolitical uncertainties and monetary changes, gold’s negative correlation with equities and debt makes it a valuable long-term strategic asset. Bembalkar suggests a 15-25% gold allocation for retail investors.
Death Crossovers: These 7 stocks signal further bearishness on Feb 25
In the Nifty500 pack, seven stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks’ 50-day SMA crossed below […]
Gold steadies near all-time high on Trump tariff concerns
Gold prices remain close to a record high amid safe-haven demand driven by concerns over U.S. President Trump’s tariff plans and potential inflation. Spot gold was nearly unchanged, with investors closely monitoring the Federal Reserve’s response to economic changes and upcoming inflation data.