Gold nears two-week high as Fed outlook, Middle East conflict stay in focus
Gold prices climbed to a two-week high amid technical buying and Middle East tensions. Investors await the Federal Reserve meeting for interest rate outlook clues. Oil prices rose over one percent due to shipping disruptions in the Red Sea. Iran’s interior minister visited Pakistan seeking continued mediation efforts. Other precious metals like silver, platinum, and […]
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on July 21, 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 […]
London Stock Exchange to start nonstop trading next year
The London Stock Exchange will introduce LSE 24, a new venue for extended trading hours. This initiative aims to offer near-continuous trading, competing with cryptocurrency platforms. Exchange-traded products will be the initial assets available on the platform. The exchange seeks to provide greater flexibility and enhanced market liquidity for clients. This move comes as younger […]
SBI Funds’ ESOPs mint fortunes for top executives
SBI Funds Management executives received significant value from employee stock options after the company’s listing. Joint CEO Devinder Pal Singh holds shares and outstanding options worth over ₹160 crore. Chief Investment Officer Srinivasan Rama Iyer’s stake and ESOPs together exceed ₹165 crore. Other senior officials also saw substantial gains from their allotted employee stock options.
Global Market Today: Asian stocks advance on tech rally, yen weakens
Asian stocks climbed for a second day, led by chipmakers. The Kospi Index saw a significant jump, reflecting AI investment optimism. Crude oil prices advanced, reigniting inflation concerns and pushing Treasury yields higher. Gold and silver also advanced on dip-buying, while the yen slid past 163 per dollar. Investors now await earnings from Alphabet and […]
Sebi directs depositories to freeze promoter holdings during buyback period, new rules explained
Sebi has directed depositories to freeze promoter holdings during company buyback periods. This restriction will be in effect from board approval until the offer closes. Promoters can still participate in buybacks through the tender offer route. Existing pledges created before the buyback period can also be invoked. Depositories must implement these operational systems by August […]
FPIs stay in buying mode, consumer services lead sectoral inflows in first half of July
Overseas investors became net buyers in the first half of July, marking a strong inflow period. Consumer services, metals, and healthcare sectors attracted the most foreign investment. IT sector saw marginal buying after months of consistent selling by foreign investors. Banks also received significant inflows, continuing their positive trend from June.
RBI plans unified code for foreign investment in equity instruments
The Reserve Bank of India proposed new rules for overseas fund flows. These draft norms will replace existing regulations governing foreign investment. The framework clarifies eligible entities and defines foreign-controlled entities clearly. It also retains the distinction between direct and portfolio foreign investments. The proposed rules aim to streamline foreign investment into Indian markets.
SBI Funds makes strong D-St debut, ends 6.3% above IPO price
SBI Funds Management debuted on the stock market at a premium price. The company raised over ₹9,813 crore through its initial public offering. SBI plans no further stake dilution in the asset management company. The fund house is investing in new Alternative Investment Funds capabilities. SBI Funds aims to expand its reach into B30 markets.
FCNR(B): Data show banks have raised $20.7 bn under scheme; $10 bn more may flow in
The optimism follows RBI’s disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that has already eased earlier concerns the scheme was struggling for traction. Of the total, FCNR(B) deposits accounted for the largest share at $17.4 billion, mobilised within six weeks of the scheme becoming operational. This was […]