Positive Breakout: These 11 stocks cross above their 200 DMAs
As of February 9, 2026, 21 stocks from the Nifty500 universe closed above their 200-day moving average (DMA). From this group, we have highlighted 11 stocks that gained more than 3%, based on technical scan data from StockEdge.com. The 200-day moving average is widely tracked by traders as a key indicator of a stock’s long-term […]
Gold, silver retreat as dollar ticks up
On Tuesday, both gold and silver experienced a pullback after a recent upward trend. The strengthening U.S. dollar has made these precious metals more expensive for international buyers. With eyes now fixed on impending U.S. jobs and inflation figures, investors are eager for hints about the Federal Reserve’s stance on interest rates.
Actis enters race to re-acquire Sprng Energy from Shell at $2 billion valuation
Actis LLP is making a move to buy back Sprng Energy from Shell. This clean energy platform was originally set up by Actis. Other major players like Aditya Birla Group and KKR are also in the race. Final bids are expected soon. The deal could value Sprng Energy at up to $2 billion.
Global Market Today: Asian stocks extend rally to record, gold falls
Asian markets surged to record highs Tuesday, mirroring a US tech stock rebound. Investors are now focused on upcoming US jobs and inflation reports. These crucial economic indicators will likely influence the Federal Reserve’s interest rate decisions. Alphabet Inc. is also raising significant funds through a bond offering, signaling continued tech sector investment.
NHB pushes for lower home loan rates, lenders delay cuts till April
The National Housing Bank is pushing housing finance companies to lower lending rates for customers. However, these companies plan to wait until April for their internal benchmarks to be reset before making significant rate cuts. Some lenders have already made minor reductions. This move aims to pass on reduced borrowing costs to existing borrowers.
Should high-risk investors bet on Fractal Analytics IPO?
Fractal Analytics is set to raise significant funds through its IPO. The company plans to use the proceeds for debt repayment and business expansion. While its revenue has grown and it turned profitable, investors should note the high valuation and dynamic AI market. The promoter stake will decrease post-listing. This IPO is for those with […]
Kotak Mahindra Bank CTO Bhavnish Lathia resigns less than a year after appointment
Kotak Mahindra Bank faces leadership churn as CTO Bhavnish Lathia resigns citing personal reasons for a US relocation, less than a year into his role. This follows a series of senior exits, including former CTO Milind Nagnur. Nilesh Chaudhari is now the new CTO, with Aravamudham Narayanan heading innovation and AI.
Jewellery stocks rally on back of US-India trade deal
Gold jewellers stocks saw significant gains on Monday. This rally was driven by a US-India trade deal that reduced tariffs on jewellery exports. Strong financial results from companies like Kalyan Jewellers and P N Gadgil also boosted investor confidence. Demand from the wedding season is expected to continue this positive trend into the next quarter.
Gold, silver ETFs gain as investors buy the dip after sharp fall
Gold and silver ETFs rebounded strongly on Monday, recovering from significant losses incurred last week. Despite market volatility, wedding-related demand persists, with consumers in smaller cities accelerating purchases to hedge against future price increases. Long-term investors continue to favor gold for its consistent returns.
SBI logs biggest single-day gain in 19 months on strong Q3 results
State Bank of India shares surged over 7%, marking its biggest single-day gain in 19 months following stronger-than-expected December quarter results. Analysts cited robust loan growth and outperformance against peers, leading to price target upgrades and bullish derivative positions, suggesting further upside potential.