Negative Breakout: These 11 stocks cross below their 200 DMAs
In the Nifty 500 pack, the closing prices of 20 stocks fell below their 200-day moving averages on February 13, according to StockEdge.com’s technical scan data. Of these, we have highlighted 11 stocks that slipped by about 2% or more. Trading below the 200 DMA is considered a negative signal as it indicates that the […]
Yen softens after strong week, dollar steady as traders weigh rate outlook
Following an impressive rally, the Japanese yen has taken a step back, contrasting with the stability of the U.S. dollar. Dismal inflation reports from the U.S. have led to rising expectations for the Federal Reserve to ease interest rates, with June emerging as a focal point for potential cutbacks.
Gold prices dip on firmer U.S. dollar
Monday brought a small drop in gold prices, a contrast to the robust gains of the previous trading day. The latest inflation report from the U.S. was softer than expected, raising expectations for interest rate cuts by the Federal Reserve.
Fresh legal snag may delay NSE’s long-awaited public debut
India’s largest stock exchange, NSE, faces a new hurdle in its decade-long IPO journey. A petition in Delhi High Court questions Sebi’s approval for the listing. The case centers on alleged violations of rules for adjusting derivative trades during corporate actions. This legal challenge could once again delay NSE’s much-awaited public debut. The court’s decision […]
Short-term yields fall on surplus liquidity
Bond yields are diverging, with short-term rates falling due to liquidity while long-term rates rise, signaling the end of the current rate-cut cycle. Institutions are locking in long-term funds, anticipating future rate increases, as the market prices in a potential shift to higher rates.
Corporate revenues jump most in six quarters on GST push
Corporate revenues and profits surged in India during the December quarter, driven by GST reforms and strong performance in key sectors like automotive and financials. Analysts anticipate continued double-digit earnings growth in FY27, supported by favorable trade deals and improving business fundamentals, with a shift towards mid- and small-cap companies.
AI bubble fears are creating new derivatives
Debt investors are increasingly concerned about major tech companies taking on significant debt for AI development, leading to a surge in credit derivative trading. This market activity, particularly for single-company contracts on issuers like Meta and Alphabet, reflects a growing demand for protection against potential defaults as AI investments escalate.
Global Markets | China’s stock bull run falters with earnings set to underwhelm
Chinese stocks face a gloomy outlook as corporate earnings show a significant downturn. Investors are concerned that upcoming holiday spending will not be enough to boost the market. Economic indicators point to weak consumer demand. This situation is fueling worries that the Lunar New Year will not bring its usual economic uplift.
Reserve Bank of India restores default loss guarantees for NBFCs
Non-banking finance companies (NBFC) can now factor in DLGs when setting aside buffers for potential loan losses, provided the guarantee forms an integral part of the loan arrangement, the RBI said last week.
RBI initiates talks to ease overseas investment norms
The Reserve Bank of India is seeking input from banks to streamline overseas investment rules. This move aims to simplify procedures and ease compliance hurdles for Indian companies. Discussions are underway to address practical challenges and ambiguities in the current framework. The central bank is looking to clarify regulations and facilitate smoother outbound investments for […]