Rupee falls 2 paise to 89.24 against US dollar in early trade
The Indian rupee experienced a slight dip, trading at 89.24 against the US dollar on Thursday due to increased importer demand. However, foreign capital inflows into the stock market and a fall in crude oil prices provided some support. Domestic equity markets saw a positive start, with both Sensex and Nifty registering gains in early […]
Reliance Infrastructure shares rally 5%, hit upper circuit for second day after recent sell-off
Reliance Infrastructure surged 5% to hit the upper circuit for the second consecutive session, extending its rebound after a sharp six-day decline. Despite the recovery, the stock remains under pressure—down 27% in a month and nearly 60% from its 52-week high—while technical indicators continue to signal broader weakness.
Sterling and Wilson Renewable Energy shares rise 5% on Rs 1,313-crore order win. Check details
Sterling and Wilson Renewable Energy shares saw a significant jump on Thursday. The company announced it secured a major international project in South Africa. This new contract is for a 240 MW AC Solar PV project valued at approximately $147 million. This win strengthens the company’s position in the growing South African solar market.
Gold, silver prices witness profit booking but analysts remain optimistic. Is Rs 1.3 lakh target in sight?
Gold and silver prices opened lower due to profit booking and market volatility, even as expectations of December Fed rate cuts and a weaker dollar provided support. Gold February futures on MCX fell 0.41% to ₹1,27,248 per 10 grams, while silver March futures dropped 0.36% to ₹1,64,349 per kg.
Axis Mutual Fund’s Jayesh Sundar picks 3 contra ideas that may surprise in 2026
Axis Mutual Fund’s Jayesh Sundar outlines a calibrated contrarian roadmap for 2026, identifying IT, FMCG, and select export plays as key opportunities. He emphasizes a comprehensive asset allocation framework, factoring in macro and micro variables, and sees potential upside as earnings visibility strengthens and global conditions stabilize.
Whirlpool of India shares crack 13% as promoter likely sells 12% equity stake via block deal
Whirlpool Mauritius plans to sell up to 7.5% of its stake in Whirlpool of India, valued at approximately Rs 965 crore, through a block deal. The floor price is set at Rs 1,030 per share, a 14% discount to the current market price. This move comes as the company’s stock has underperformed and its recent […]
Motilal plans private credit fund of up to $336 million
Motilal Oswal Alternate Investment Advisors is seeking regulatory approval to launch its first private credit fund, aiming to raise up to 30 billion rupees. The fund, expected to begin fundraising in 2026, will primarily target mid-sized companies needing growth capital or facing special situations. This move signifies Motilal’s entry into India’s increasingly competitive private credit […]
Dollar retreats, kiwi leaps as rate direction diverges
The US dollar weakened on Thursday. Investors are looking towards next year. They expect multiple US interest rate cuts. The yen and euro gained against the dollar. The New Zealand dollar reached a three-week peak. Australia’s dollar also saw gains. Sterling moved higher. The US dollar index remained flat.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks gained over 2% and saw their closing prices cross above their 200 DMA (Daily Moving Average) on November 26, 2025, according to StockEdge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. […]
Wall Street ends higher on growing bets for December Fed rate cut
Indian markets surged on Wednesday, fueled by renewed tech sector strength and growing expectations of a December interest rate cut by the U.S. Federal Reserve. Nvidia’s positive earnings and Dell’s strong forecast boosted investor confidence, overshadowing concerns about tech valuations. Airlines also saw significant gains, signaling a robust holiday shopping season ahead.