Motilal Oswal Alternates has achieved the first close of its maiden private credit fund, India Credit Excellence Fund-I, at ₹1,700 crore. The fund aims for a ₹3,000 crore corpus and will provide secured lending and customized solutions to profitable, growing mid-market businesses. This strategic move leverages the firm’s existing capabilities to tap into a rapidly expanding private credit market.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty200 pack, eight stocks’ closing prices crossed above their 200-day moving averages (DMA) on October 26, 2026, according to StockEdge’s technical scan data.