BookMyForex suffers a major data breach; thousands defrauded
BookMyForex users face fraud after a major data breach. Thousands of customers are reportedly defrauded, with unauthorized transactions occurring on their forex cards. Many users could not access the platform to secure their funds. The company has escalated the issue to Yes Bank, its banking partner, for chargeback proceedings.
Citrini founder shocked his AI prediction spurred stocks selloff
A founder’s dystopian AI scenario published on Sunday triggered a stock market meltdown on Monday, with major indexes and specific company shares plummeting. The report, “The 2028 Global Intelligence Crisis,” detailed mass white-collar layoffs and a deflationary cascade, sparking investor anxiety already heightened by AI-related selloffs.
Time to be selective in NBFCs as earnings premium shrinks: Viral Shah
Investors are advised to be selective with NBFCs. Valuations are high, and earnings growth premiums over banks are shrinking. Margin pressures are a key risk. Digital lending will transform the sector in the coming years. Larger, diversified NBFCs with strong liability advantages are better positioned for stable earnings growth.
Cement sector poised for gains as South India leads the way
South India’s cement sector is witnessing a promising price recovery, with sustained hikes and a shift towards value over volume. Experts anticipate significant price increases in the coming months, driven by a focus on profitability and a projected 7-8% volume growth next fiscal year, largely fueled by rural demand. This trend signals a potential for […]
Earnings revival set to lift Indian markets in FY27: Manish Gunwani
Corporate earnings in India are poised for a stronger FY27, driven by nominal GDP growth and rupee depreciation, according to Manish Gunwani. While AI disruption is currently influencing market sentiment more than earnings, domestic and export-oriented sectors are expected to benefit from the overall economic uptick.
Market volatility to persist amid geopolitical and tariff uncertainty: Amnish Aggarwal
Indian markets face uncertainty driven by US tariff concerns and geopolitical factors, leading to cautious sentiment. AI’s impact on IT services remains unclear, while digital lending platforms show potential for financial services. The auto sector exhibits mixed but positive momentum, with ferrous metals also showing promise.
Waaree Energies shares rise 2% on 500MW solar module supply order. Check details
Waaree Energies shares saw a rise after securing a significant order. The company will supply 500 MW of solar modules to a domestic solar power developer. This is a one-time contract for the financial year 2026-27. Waaree Energies is also in talks for a new manufacturing facility. The company’s recent financial results show strong profit […]
Nifty correction over? Alchemy Capital’s Alok Agarwal sees metals, PSU banks leading rally
Following a significant 1.5-year consolidation, Indian equities show signs of a reset with compressed valuations and policy support. Alok Agarwal believes the bulk of the correction is over, highlighting metals, capital market plays, PSU, and regional private banks as potential leaders for the next market phase.
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 February 23, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is […]
Fractal Industries shares to list today. Check GMP ahead of debut
Fractal Industries is poised for its BSE SME debut with modest listing gains expected around 3%. The Rs 49 crore IPO, fully subscribed 5.44 times, will fund working capital and corporate needs. The garment manufacturer, serving major e-commerce platforms, reported strong revenue and profit growth in FY25, indicating healthy business performance.