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 March 5, 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 […]
Dollar set for steepest weekly gain in a year as Iran crisis boosts haven bid
Escalating Middle East conflict fuels demand for safe-haven U.S. dollar, poised for steepest weekly gain in over a year. Rising oil prices and inflation risks are impacting the euro and yen. Uncertainty over Iran’s future and potential U.S. involvement is a key concern for global markets.
Oil price down more than 2% in early Asian trade
Oil prices fell more than two percent in early Asian trade after strong gains in recent days on the back of the conflict in the Middle East. “Further action to reduce pressure on oil is imminent and the oil (price) seems to have pretty much stabilised,” US President Donald Trump said on Thursday.
Global Market Today | Asian stocks drop as war drags on, crude oil falls
Asian equities experienced their steepest weekly loss in six years as renewed Iranian strikes and the ongoing Middle East conflict drove a broad retreat in risk assets. Oil prices edged lower, though they remain on track for their biggest weekly surge since 2022 amid supply disruption concerns. Markets remain tense as Iran shows no intention […]
Rising oil prices to hit profit margins of OMCs, pump up upstream companies
Rising crude oil prices are expected to significantly impact the March-quarter profits of oil marketing companies, compressing refining margins and widening LPG under-recoveries. While upstream companies like ONGC and Oil India stand to benefit from higher crude prices, gas utilities face pressure from surging LNG costs.
Analysts see 25–41% upside in Jain Resource, Granules & Shadowfax
Analysts have initiated coverage on Jain Resource Recycling, Granules India, and Shadowfax Technologies with buy ratings, anticipating returns of 25% to 41%. These companies are poised for growth due to favorable market conditions and strategic positioning within their respective sectors.
Metal shares surge as West Asia conflict fuels global aluminium price spike
Indian metal stocks saw a significant rise today. Aluminium manufacturers led the gains. The closure of the Strait of Hormuz due to the West Asia conflict is impacting supply chains. This is expected to push up metal prices. National Aluminium Co, Hindalco, and other metal companies registered strong gains. The Nifty Metal Index outperformed the […]
Relief rally lifts Sensex, Nifty on hopes of de-escalation in Iran-Israel war
Indian stocks experienced a significant rebound on Thursday, mirroring gains across Asian markets. This relief rally, driven by hopes of de-escalating geopolitical tensions and oversold technical conditions, saw the Nifty and Sensex close higher. While the market showed strength, analysts caution that this recovery might be temporary until clearer signals emerge.
Rupee soars after RBI comes out firing in support
The Indian rupee strengthened significantly, closing at 91.60/$1, up from 92.15/$1, due to substantial interventions by the Reserve Bank of India. Despite higher oil prices and a risk-off sentiment, the RBI’s actions prevented the rupee from weakening further, though concerns remain about the impact on domestic liquidity.