Positive Breakout: These 12 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 1000 crore, 12 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on February 26, according to stockedge.com’s technical scan data. Traders use the 200-day daily moving average (DMA) as a key indicator to determine the overall trend in a particular […]
Global Market Today | Asian markets retreat following decline in US stocks
Asian stocks saw a slight dip from their peak levels. This followed a downturn in Wall Street markets. Investor sentiment was impacted by a subdued response to Nvidia’s earnings report. Despite this, Asian equities continue to outperform global benchmarks this year. Investors are focusing on companies involved in the artificial intelligence supply chain.
NSE invites investment banks to pitch for managing IPO
The National Stock Exchange has invited 15 investment bankers to pitch for managing its upcoming IPO, with JPMorgan Chase and Kotak Mahindra Capital among those in contention. The exchange is expected to file its draft red herring prospectus in April, with existing shareholders likely to offload 4-4.5% of equity. This move follows SEBI’s no-objection certificate, […]
Sebi tightens rules on MF classification, overlaps
The Securities and Exchange Board of India (Sebi) has revamped mutual fund scheme classifications, mandating uniform naming conventions and eliminating the solution-oriented category. New rules also cap portfolio overlaps for thematic equity funds, potentially leading to consolidation and impacting arbitrage fund returns. These changes aim for investor clarity and scheme uniformity.
Investors seeking stable play turn to multi-asset funds
Investor interest in multi-asset allocation funds (MAAFs) is surging, with assets under management climbing 72% to ₹1.75 lakh crore. These schemes offer dynamic asset shifting and volatility cushioning, making them a core holding for many. Driven by strong returns from gold and silver, MAAFs delivered 23% over the past year, outperforming the Nifty 50.
IRFC OFS draws tepid retail participation
Retail investors largely ignored the government’s offer for sale in IRFC, with only a fraction of the reserved shares being bid for on the final day. Institutional investors had previously subscribed to nearly 95% of their allocated shares. Due to undersubscription, the government opted not to exercise the green-shoe option.
HDFC Bank tightens locker access rules
HDFC Bank has enhanced locker security with mandatory biometric authentication linked to Aadhaar. A bank representative will now monitor locker room exits. Annual locker fees have also seen a significant increase. These changes align with RBI guidelines for improved security and transparency. The bank aims for a paperless and efficient locker access system.
Rising AI pressure, weak Q3 performance weigh on Capillary shares
Capillary Technologies India’s stock has fallen 35% from its peak due to AI threats and a muted December quarter. The company, which offers a SaaS platform for customer engagement, faces potential revenue and profit contraction. Despite management’s optimism about AI’s role in analytics and campaign management, investors are concerned about its impact on the business […]
DII flows into equity hit 10-month low in February
Domestic institutional investors’ stock purchases in February dropped to their lowest since April 2025, with inflows cut by over half compared to the last six months. This decline is attributed to lackluster market returns over 18 months and a shift in investor interest towards outperforming precious metals like gold and silver.
Motilal Oswal Alternates raises Rs 1,700-crore fund
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 […]