Tata Steel shares slip as investors book profit after 6% rally
Tata Steel shares experienced a slight dip of 0.50% to Rs 167 on Thursday, following a strong 6% surge. This pullback occurs amidst ongoing optimism in the metal sector, fueled by anticipated firmer global steel prices due to China’s planned production cuts and India’s tariff protections.
Moschip Technologies shares skyrocket 19% amid India’s semiconductor push
Moschip Technologies’ shares saw a significant rise. This followed Prime Minister Narendra Modi’s push for India’s semiconductor industry. He highlighted India’s potential in the global market at the Semicon India 2025 Summit. The government is working on the second phase of the India Semiconductor Mission. This aims to accelerate growth with new reforms. Investments have […]
Parag Milk, other agriculture and dairy stocks rally up to 7% after GST cuts
Agri and dairy stocks like Parag Milk, Dodla Dairy, and Kaveri Seeds gained up to 7% after the GST Council slashed rates on fertilisers, farm machinery, and dairy products. The cuts, effective September 22, aim to ease costs for farmers and consumers.
Delta Corp, Nazara Technologies shares slide up to 7% after GST Council imposes 40% levy on casinos, gaming
Delta Corp and Nazara Technologies shares plunged following the GST Council’s approval of a 40% tax on casinos, betting, and online gaming. Delta Corp faced a 7.2% drop, while Nazara Technologies also experienced a decline. This decision comes after Delta Corp shelved its Goa resort-cum-casino project due to GST uncertainty.
Footwear stocks rise up to 7% as GST slashed to 5% on pairs below Rs 2,500
Footwear company stocks surged following the GST Council’s decision to reduce the GST rate on shoes priced up to Rs 2,500 from 12% to 5%. This tax cut, effective September 22, is anticipated to boost demand, particularly in semi-urban and rural markets, leading to investor optimism and significant gains for companies like Campus Activewear, Liberty […]
New GST rates: Is the puzzle over popcorn, paranthas and paneer finally solved?
New GST Rates: The GST Council has approved a new tax structure effective September 22, resolving long-standing confusions on food items. Popcorn, paranthas, and paneer now have simplified rates, with pre-packaged and labelled items taxed at 5%. Online gaming and IPL tickets will face a higher 40% GST.
Sequent and Viyash Life merger plan gets shareholder approval
The proposed merger of Sequent Scientific and Viyash Life Sciences, backed by Carlyle, has received overwhelming shareholder support. This ₹8,000-crore merger aims to create a global entity, combining Sequent’s animal health focus with Viyash’s human health expertise. Hari Babu Bodepudi, the proposed group CEO, highlights opportunities in animal health generics and leveraging synergies between the […]
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty200 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on September 3, 2025, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is […]
Asian stocks rise as weak US jobs fuel Fed bets
Asian equities rose, mirroring Wall Street’s gains, as weak US job openings data fueled expectations of a Federal Reserve interest-rate cut. Markets are pricing in a September cut and anticipating at least two reductions this year.
Metal stocks surge as CLSA predicts recovery amid China’s steel capacity cuts
Metal stocks saw gains on Wednesday. CLSA suggests the sector’s downturn might be ending. China’s planned steel capacity reduction could boost Indian metal companies’ profits. Tata Steel and Jindal Steel experienced significant surges. Analysts predict further upsides for metal stocks. The Nifty Metal Index outperformed the benchmark Nifty. Experts highlight potential for sustained rally with […]