Positive Breakout: These 9 stocks cross above their 200 DMAs

In the Nifty 500 pack, 15 stocks saw their closing prices cross above their 200-day moving average (DMA) on July 1, 2026. Of these, we have highlighted the top 9 stocks that gained more than 3% in the previous trading session, according to StockEdge.com’s technical scan data. Traders use the 200-day daily moving average (DMA) […]

Global Market Today: Asian stocks fall on Korean chip selloff, oil dips

Asian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also surfaced over Apple’s potential chip purchases from China, impacting major players like Samsung and SK Hynix. Meanwhile, comments from Federal Reserve Chairman Kevin Warsh eased inflation worries, suggesting no immediate interest rate hikes. Positive signs […]

Oil falls after US, Iran talks conclude in Doha

Oil prices dipped as Qatar reported positive progress in indirect Iran-U.S. talks concerning the vital Strait of Hormuz. Despite recent exchanges, tanker traffic is recovering, with U.S. officials noting a return to pre-war levels. This, coupled with anticipated OPEC+ output hikes and a smaller-than-expected draw in U.S. crude inventories, is fueling expectations of oversupply and […]

SP Group to issue Rs 25,500 crore bonds against Tata Sons stake

Shapoorji Pallonji Group is launching a ₹25,500-crore bond issue, leveraging its 18.37% stake in Tata Sons. The bond’s repayment hinges on either Tata Sons going public via an IPO or a settlement with SP Group within 18 months. Recent central bank regulations classifying large entities like Tata Sons as upper-layer NBFCs significantly increase the likelihood […]

Corporate loan demand outpaces retail credit as firms shift from bonds to banks

Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts have made bank loans more appealing. Analysts anticipate this trend to continue, supported by improved liquidity, though a shift back to debt markets is possible. Small businesses are seeing particularly […]

Bharti Airtel’s NBFC arm begins commercial operation

Bharti Airtel’s non-banking financial arm, Airtel Money, has officially begun its commercial operations after securing a license from the Reserve Bank of India. The company, registered as a Type II Non-Deposit accepting NBFC, plans to be capitalized with Rs 20,000 crore over the coming years, with Bharti Airtel contributing 70% and the promoter group the […]

PSBs raise term deposit rates to reclaim deposit market share

Public sector banks are boosting term deposit rates to reclaim lost market share, a move that contrasts with private banks lowering theirs. Facing a decade of decline, PSBs are prioritizing liabilities to compete, especially as credit growth outpaces deposit mobilization. This strategic shift aims to regain ground, even if it impacts short-term profits, highlighting a […]

KPIT outlook shock sends IT stocks sliding as growth worries intensify

Mid-cap IT stocks faced a significant downturn Wednesday, led by KPIT Technologies’ warning of a near-term revenue slowdown. This has amplified investor worries about Artificial Intelligence’s impact on India’s software services sector. Several other IT firms also saw their share prices drop, with the Nifty IT index emerging as the day’s biggest loser. Analysts suggest […]