Gold and silver ETFs rebound up to 10% after 20% morning crash; investors weigh next move
Gold and silver ETFs experienced a significant crash, losing up to 20%, before partially recovering by mid-trade. This sharp sell-off followed a steep correction in bullion prices from record highs, driven by profit-booking and unwinding of leveraged positions. Dollar strength and global cues also weighed on bullion prices.
IT majors may stick with buybacks despite tax changes, says Sushovan Nayak
Indian IT firms are likely to favor share buybacks over dividends following recent tax reforms. Market expert Sushovan Nayak believes the new rules make buybacks more tax-efficient for both companies and many shareholders. This shift is expected to encourage cash-rich IT giants like Wipro, LTIM, and TCS to continue returning capital to investors through buybacks […]
Union Budget trims TCS, simplifies TDS to ease burden on taxpayers
The budget simplifies tax collection with revised Tax Collected at Source (TCS) rates, significantly benefiting overseas travelers, students, and those seeking medical treatment abroad. Changes include a reduced 2% TCS on education, medical, and tour packages under ₹10 lakh, easing upfront costs.
Latent View Analytics shares rally 8% after Q3FY26 profit up 19% YoY
Latent View Analytics shares jumped nearly 8% after the company posted a 19% year-on-year rise in Q3FY26 profit and strong revenue growth. Improved margins, new client additions and rising institutional participation supported sentiment, while management reiterated focus on scaling AI and Agentic AI capabilities.
Anant Raj, Netweb Tech, other data centre stocks surge up to 7%. What’s triggering the surge?
Indian data centre stocks rallied as the Union Budget announced a tax holiday until 2047 for foreign cloud service providers, aiming to position India as a global hub. Companies like Anant Raj, Techno Electric, and Netweb Technologies are expected to benefit from increased data centre development and infrastructure demand.
Budget credible, but lack of FII-friendly measures disappoints markets: Ravi Dharamshi
Indian equity markets reacted negatively to the Union Budget and a hike in securities transaction tax. Market veteran Ravi Dharamshi stated the disappointment arose from the absence of measures to attract foreign capital. He noted that foreign institutional investors have been net sellers for over a year. Dharamshi described the budget as fiscally credible, with […]
Budget 2026: Equity markets, capital expenditure, and foreign flows – Insights from Sundararaman Ramamurthy
Following Union Budget 2026, market participants are analyzing its impact. Sundararaman Ramamurthy believes the STT hike will encourage longer-term equity investments and attract foreign funds by strengthening India’s manufacturing and infrastructure. The budget’s significant capital expenditure projection is seen as a step towards developed India.
Negative Breakout: These 13 stocks cross below their 200 DMAs
In the Nifty500 pack, the closing prices of 29 stocks fell below their 200-day moving averages on February 01, according to StockEdge.com’s technical scan data. Of these, we have highlighted 13 stocks that slipped more than 4%. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is […]
Oil prices fall by 3% on US-Iran de-escalation
Oil prices dropped significantly as President Trump indicated Iran was engaged in serious talks with Washington, signaling a de-escalation of tensions. This news eased geopolitical risk premiums that had previously driven prices to multi-month highs. OPEC+ also agreed to maintain its current oil output levels for March.
Gold falls 1.5% on firm dollar, silver recovers from over three-week low
Gold prices fell on Monday, influenced by a strengthening dollar and uncertainty surrounding U.S. President Trump’s Fed chair pick, Kevin Warsh. Investors are assessing Warsh’s potential approach to interest rate cuts, while silver saw a recovery. U.S. economic data indicated potential inflation pickup, impacting rate cut expectations.