Positive Breakout: 7 stocks cross above their 200 DMAs
In the Nifty200 pack, seven stocks’ closing prices crossed above their 200-day moving averages (DMA) on October 29, 2026, according to StockEdge’s technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a stock. As long as a stock’s price remains above its […]
Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollar
The yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, responding to falling Treasury yields against a backdrop of diminished AI stocks. Despite high energy prices, other central banks are holding their interest rates steady. This month, the dollar index reflects slight […]
West Asia conflict drives 15-20% rise in corporate working-capital demand at banks
Working-capital demand from banks has increased significantly due to the ongoing conflict in West Asia. Higher raw-material costs and elongated shipping timelines have led to greater funding needs for corporates. Mid- and large-sized companies reported a 12-20% increase in working-capital requirements. Several private sector banks have recorded strong growth in corporate lending during the recent […]
Bulls return as Fed rate pause, dip in US yields lift sentiment
Indian equities experienced a broad recovery as Sensex rose significantly and Nifty surpassed 22,900. This increase followed the US Federal Reserve’s decision to keep interest rates unchanged, encouraging investor buying across sectors. While many indices gained, oil prices remained a concern for India’s economy due to their elevated levels. Foreign portfolio investors continued to net […]
Global Market Today: Asian stocks slide as tech earnings disappoint, AI fears mount
The Kospi Index in South Korea — a key barometer of the AI trade — fell over 3% with chip heavyweights Samsung Electronics Co. and SK Hynix Inc. declining. That dragged the MSCI Asia Pacific Index down 0.3%.
Equitas Small Finance Bank chief PN Vasudevan plans exit over perceived conflict involving daughter’s NBFC
PN Vasudevan’s recent announcement of his resignation as managing director of Equitas Small Finance Bank highlights pressing concerns over a conflict of interest involving his daughter’s NBFC. Following the news, the bank’s shares experienced a drastic dip yet managed a partial recovery before settling lower. This comes on the heels of the bank’s impressive Q2 […]
Hero MotoCorp bets on premiumisation, EVs to sustain growth momentum
Hero MotoCorp has seen notable revenue growth in the September quarter, buoyed by soaring sales volumes. The company’s market share climbed to 7.3%, thanks to heightened demand for scooters and VIDA electric vehicle sales. With plans for new premium motorcycle launches and an expansion of EV production, Hero anticipates a revival in international markets, projecting […]
G-Sec 10-year yields come down 5 bps to 7.39% on Fed signals
The yield on 10-year benchmark government bonds decreased to 7.39% on Thursday, marking the largest fall since July. US Treasury yields eased following comments from the Federal Reserve indicating a less hawkish stance. Oil prices declined modestly, contributing to the drop in bond yields. Forecasts suggest bond yields may rise to 7.70% to 7.75% by […]
Kotak Mahindra Bank shares soar to record high amid improving growth prospects, earnings expectations
Kotak Mahindra Bank shares experienced a significant rise, reaching a record high as growth prospects improved. The stock has shown a substantial increase of nearly 30% since April. Analysts anticipate stronger earnings attributed to various financial factors such as credit growth and higher lending rates. Improved asset quality and lower credit costs are expected to […]
Market breadth hits seven-month low despite Nifty, Sensex gains
The advance-to-decline ratio in the stock market indicates underlying weakness, despite some index gains. The BSE MidCap 150 and BSE SmallCap 250 have both seen declines this month. Various factors such as profit-booking and high valuations contribute to this market trend. Institutional money is increasingly favoring larger companies with stable earnings. Overall market conditions remain […]