Ola Electric shares in focus after Rs 366.78 crore PLI incentive sanctioned for FY25

Ola Electric Mobility shares surged after the company secured a Rs 366.78 crore incentive under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components for FY 2024-25. This significant sanction from the Ministry of Heavy Industries underscores Ola Electric’s manufacturing prowess and commitment to advancing EV technology in India.

Gold, silver hit record highs on geopolitical tensions, Fed rate-cut bets

Gold and silver have reached unprecedented levels. This surge is fueled by investors seeking safety and anticipation of U.S. interest rate reductions next year. Platinum and palladium are also experiencing gains. Bullion has seen a significant rally in 2025, driven by multiple factors including central bank demand and ETF holdings.

Positive Breakout: These 8 stocks cross above their 200 DMAs

In the Nifty500 pack, eight stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on December 24, 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. As long as the stock is […]

Gold hits record high on safe-haven demand, Fed rate-cut bets

Gold prices have reached an all-time high in early Asian trading. This surge is driven by investors seeking safe havens for their money. Expectations of further interest rate cuts by the U.S. Federal Reserve are also contributing to the rise. Spot gold saw a significant increase, touching a new peak. This development is closely watched […]

Merchants crack QR code to secure loans from NBFCs

Non-banking finance companies (NBFC) such as Aditya Birla Finance (ABFL), L&T Finance, Poonawala Fincorp, and SMFG India Credit are among those extending credit to small businesses, harnessing the technology backbone offered by payment firms such as BharatPe, Paytm and PhonePe.