Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 04, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is a key indicator traders use to determine the overall trend in a particular stock. As long as the stock is priced above […]
Oil Price Today (June 5): Crude oil holds ground as Iran peace deal uncertainty lingers. Where are prices headed?
Oil prices held steady on Friday following significant Thursday losses. Hopes for a quick resolution to the U.S.-Israeli conflict with Iran diminished after Hezbollah rejected a new ceasefire proposal. Despite this, both Brent and WTI crude benchmarks are on track for their first weekly gain in three weeks.
Oil little changed on uncertainty over US-Iran peace deal
Oil prices saw little change on Friday after a significant drop. Hopes for an early end to the U.S.-Israeli conflict with Iran have faded. This follows the Hezbollah militia rejecting a new ceasefire in Lebanon. Fighting in the Middle East has caused oil prices to rise this week. Global oil inventories are a concern for […]
Credit guarantee scheme for MFIs still stuck in low gear
Banks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. While the credit guarantee provides 70-80% default coverage, its rigid caps on bank lending rates and strict margin rules for microfinance companies have made it a non-starter so far in terms of loan disbursement, […]
A little-known Indian stock’s 530% rally shows hidden AI winners
Indian industrial companies are experiencing significant growth by supplying components for data centers. These firms are crucial for building and powering the infrastructure needed for artificial intelligence. Major global tech companies are investing billions in India for AI infrastructure. This trend is creating a strong demand for industrial suppliers, leading to substantial market value gains […]
The curious case of Rajesh Exports: Massive revenues, meagre profits
India’s fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregularities and siphoning of funds. The company’s top management claims ignorance of overseas operations, attributing them to promoter Rajesh Mehta. Auditors also faced scrutiny for their conduct during the investigation.
India’s long-term growth story intact despite high valuations: Citigroup CEO Jane Fraser
India’s economy faces temporary global challenges. Citigroup CEO Jane Fraser states the nation’s strong tech talent and diverse economy ensure its long-term growth. Foreign investors are reassessing valuations and risks. Despite current market volatility, India’s fundamental economic story remains robust. The world’s multipolar shift is seen as beneficial for India.
India’s rise is coming at an important time… because the world needs India, says Jane Fraser, Board Chair and CEO, Citi
Globalisation is changing. It now balances efficiency with resilience and security. This shift benefits India, a nation with strong tech talent, a diverse economy, and a large market. Global investors see India’s long-term story as intact, despite short-term headwinds. India’s rise is timely as the world needs its capabilities. The country is a central pillar […]
FPI exodus from financials cools, but foreign investors remain net sellers
Global investors reduced their equity stake in India’s financial services sector in the latter half of May, selling shares worth ₹5,181 crore. This pace of selling was significantly lower than the first half of the month. Despite overall outflows, the metals sector saw substantial inflows, attracting nearly 60% of foreign investment.
BIT sweeter? India weighs easing treaty rules with safeguards to attract foreign capital
As the world shifts economically, India is set to revamp its investment treaty frameworks. The government is exploring options to simplify the timelines for foreign entities aiming for global arbitration. This proactive step is aimed at enticing foreign investment into the country, while also incorporating safeguards that will preserve India’s sovereign policy-making authority and deter […]