TBZ shares rally 16%, extending gains for a second session. What’s triggering the surge?
Tribhovandas Bhimji Zaveri (TBZ) shares surged 38.9% in two sessions as investors reacted to GRT Jewellers’ proposed acquisition of the jewellery retailer. GRT plans to acquire 74.12% promoter stake at up to Rs 209 per share and launch an open offer for the remaining public stake at Rs 249.61 per share, while the stock climbed […]
Holding mutual funds in SoA or demat: Which is better?
Mutual fund units can be held in Statement of Account or demat form. SoA mode offers simplicity for mutual fund-only investors avoiding extra charges. Demat mode suits those holding various securities and preferring consolidated management. Investors can switch between SoA and demat forms as needed. SWP and STP availability narrows the convenience gap between these […]
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty500 pack, seven stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on September 1, 2026, according to stockedge.com’s technical scan data. Traders use the 200-day daily moving average (DMA) as a key indicator to determine the overall trend in a particular stock. As long as the stock is priced above […]
Oil Price Today (September 2): Crude oil nears $97 as war tensions escalate. Will it hit $100 again?
The United States said it carried out a series of airstrikes against targets in Iran overnight, drawing a response from Tehran in what was described as the most serious escalation in the conflict between the two countries in weeks.
ICICI Bank closes in on HDFC Bank for Nifty’s top spot as share trends diverge
As ICICI Bank approaches HDFC Bank’s Nifty index dominance, the dynamics of the market are changing. HDFC Bank’s index weight has dropped considerably this year, while ICICI Bank’s influence has grown. At the same time, Reliance Industries has seen its weight fall, increasing the distance between it and ICICI Bank. Still, Reliance proudly holds the […]
Midcap Street party turns selective as 15 stocks power 50% of rally
Indian midcap and smallcap indices are near record highs currently. A few select stocks are driving most of these significant gains. This concentration indicates a selective rally rather than broad market health. Analysts suggest earnings growth and sector rotation are fueling this trend. Investors should focus on balance-sheet strength and selective stock picking.
Global bond yields surge as debt and inflation risks mount
Global bond markets are experiencing a significant selloff as inflation concerns grow. Government debt levels are increasing, impacting consumers and businesses worldwide. Japan’s 10-year yield reached three percent, its highest since 1996. Wars and increased deficit spending are contributing to higher oil prices and interest rates. This situation puts pressure on borrowing costs for both […]
Milky Mist Dairy Food shares surge 10% on strong Q1 growth
Milky Mist Dairy Food saw strong growth in its June quarter results. The company expects continued momentum through existing capacities and new products. Yogurt and ice cream categories showed significant year-on-year revenue increases. Geographic expansion outside South India is a key future growth driver. Milky Mist plans to focus on protein products and whey extraction.
Ujjivan Small Finance Bank CEO & MD Sanjeev Nautiyal steps down on health grounds
Ujjivan Small Finance Bank’s MD and CEO has resigned citing health reasons. The board accepted the early retirement and appointed Carol Furtado as interim head. The bank will now begin searching for a permanent successor to Nautiyal. Nautiyal ceased his role as MD and CEO from September 1. The bank’s share price saw a decline […]
Indian banks slash FCNR deposit rates by up to 310 basis points
Indian banks have lowered interest rates on foreign-currency deposits significantly. This action follows the closure of the Reserve Bank of India’s special swap window. Banks offered unusually high rates to attract overseas funds during the ten-week period. This special facility enabled lenders to provide substantially higher returns to depositors. The strong inflows prompted the RBI […]