Positive Breakout: These 13 stocks cross above their 200 DMAs
In the Nifty500 pack, 13 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on January 22, 2026, 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 […]
Wall Street finishes up as investors buoyed by tariff relief, upbeat data
Wall Street indexes climbed for a second day as President Trump rescinded tariff threats on European allies, boosting investor confidence. Positive U.S. economic data, including strong consumer spending and resilient growth, further supported the market’s advance. This rebound follows recent volatility driven by geopolitical concerns.
Indian stocks, rupee rebound as Trump remarks ease concerns over tariffs on Europe
Indian stocks and the rupee saw a rebound on Thursday. This recovery followed US President Donald Trump’s remarks easing concerns over tariffs on Europe. The NSE Nifty and BSE Sensex closed higher, snapping a losing streak. The Indian rupee also recovered against the dollar. Geopolitical anxiety lessened, impacting gold and silver prices. Foreign portfolio investors […]
IndiGo Q3 profit plunges 75% amid pilot shortage, compensation costs
IndiGo’s profit plummeted 75% to ₹549 crore in Q3 due to ₹1,546.5 crore in one-time costs for customer compensation and new labor rule implementation. The airline faced disruptions from pilot shortages and a DGCA investigation found management failures in planning and implementing new rest rules, impacting its growth forecast.
IIFL nosedives 17% after receiving income-tax notice
IIFL Finance shares plunged 17% despite a 20% profit rise after receiving an income-tax notice for a past block period. The company deposited ₹1.47 crore towards potential revision of its returns. Despite the slump, IIFL Finance declared a 200% interim dividend as net profit grew to ₹501 crore.
Trump sues JPMorgan, Dimon for $5 billion over alleged debanking
Former President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging the bank terminated his business accounts for political reasons. The complaint accuses the lender of trade libel and violating Florida’s deceptive trade practices law. JPMorgan stated it closes accounts due to legal or regulatory risk, not political […]
Silver ETFs sink up to 20% as speculative frenzy unravels
Silver ETFs experienced a significant sell-off, plunging 15-20% on Thursday, far exceeding the modest decline in spot silver prices. This sharp divergence was attributed to the unwinding of speculative positions and potential forced selling due to margin calls, surprising investors after a recent record rally.
Softer domestic prices, rising input costs to weigh on steelmakers’ Q3 earnings
Steel companies anticipate lower profits this quarter. Softening domestic prices and higher input costs are impacting earnings. However, non-ferrous metal producers are set for better results. Strong rebounds in aluminium, zinc, and copper prices are driving this improvement. A new safeguard duty on steel imports is expected to boost prices in the coming months.
Equity’s back on investors radar, white metal pales
Silver prices saw a sharp decline on Thursday. This happened as stock markets rose, reaching new highs. Investors are booking profits after a significant rally in silver this year. Easing geopolitical tensions have encouraged this shift. Consumers are staying away due to price volatility. Industrial demand for silver remains a long-term factor.