Negative Breakout: These 10 stocks cross below their 200 DMAs
In the NSE list of stocks with a market cap over Rs 1000 crore, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on March 11, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its […]
US Stock Market | S&P 500, Dow end lower as escalating Iran war sours risk appetite
Indian markets reacted to a global downturn. US stocks fell as escalating tensions between the US and Iran overshadowed a calm inflation report. Investors worried about rising oil prices impacting consumer spending. Saudi Arabia increased oil production and the IEA released reserves to stabilize markets. The US Federal Reserve is expected to maintain interest rates […]
Elfin Agro India shares to list today. Here’s what GMP indicates ahead of debut
Elfin Agro India’s shares are set for their BSE SME debut on March 12, with the grey market suggesting a listing near its Rs 47 issue price. The Rs 25 crore IPO, which saw modest subscription, aims to bolster working capital. The agro-processing firm, known for wheat products and mustard oil, operates across eight states […]
Global Market | China’s an unlikely haven as oil roils markets
Despite soaring oil prices due to the war in Iran, China’s markets have shown surprising resilience. Investments in renewables and electric vehicles have reduced its dependence on imported fossil fuels, protecting its economy. This strategic insulation has made Chinese assets a potential safe haven for global investors.
Global Market Today | Asian stocks slide, oil advances as Iran war extends
Global markets are experiencing a volatile week. US stock futures and Asian shares are down. Oil prices are rising again due to Middle East tensions. This is impacting inflation expectations and the US Federal Reserve’s plans for interest rate cuts. Investors are closely watching energy markets and the private credit sector for further clues.
LG India’s strong product line to sustain margins, drive stock upside
LG Electronics India shares are performing well, rising 8% in the past month. Analysts are optimistic, recommending ‘buy’ due to steady market share growth and plans for export expansion. The company expects improved performance in the March quarter and anticipates double-digit revenue growth in FY27.
Defence stocks build up on hopes war to spur spends
Indian defense stocks have shown resilience amidst global market turmoil, outperforming the Nifty. Investors are betting on increased defense spending due to escalating geopolitical tensions in West Asia and a prickly neighborhood. Companies specializing in defensive systems and offensive platforms are attracting significant interest.
Market volatility puts upcoming IPOs in a wait-and-watch mode
Escalating West Asian conflict and equity market volatility are causing companies with upcoming IPOs to pause and reassess launch timelines. With investor sentiment cautious, many are delaying launches, preferring to wait for improved market conditions rather than accepting lower valuations. This tactical approach is driven by concerns over investor appetite in a wobbly secondary market.
Local factors insulate private credit market from global storm
India’s private credit market is expected to remain stable, unlike its global counterparts, due to a robust regulatory framework and a predominantly domestic investor base. Closed-ended funds, a common structure in India, mitigate asset-liability mismatches, a key concern in the US market. Restrictions on bank investments in AIFs further insulate the Indian ecosystem from systemic […]