Positive Breakout: These 3 stocks cross above their 200 DMAs
In the Nifty200 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 17, according to stockedge.com’s technical scan data.
Barflex Polyfilms IPO listing today. Check GMP ahead of debut
Shares of Barflex Polyfilms are set to debut on the NSE SME platform with a 21% premium over the issue price, supported by strong investor response. Funds from the IPO will be utilized for capital expenditure and business expansion, aiming for significant growth in the flexible packaging materials sector.
Stock splits could be a reason for cheer, worry too
Stock splits are intended to reduce the price of shares, making them more accessible to retail investors. However, several Indian small-cap companies have misused this mechanism, using it as a significant milestone to artificially inflate their stock prices.
Motilal Oswal refutes bribery allegations
Motilal Oswal Mutual Fund is one of the top institutional investors in Kalyan. These rumours had resulted in Motilal Oswal shares falling 12% in the past three trading days and Kalyan’s shares tumbling 20% in the past week and 33% in a month.
America first stalls bond issuance bonanza in EMs
While a recent surge in US bond yields has abated for now, investors fear the upward moves will resume after President-elect Donald Trump takes office on Monday, given his support for trade-tariff hikes and mass deportations, policies that are considered inflationary.
Shaktipeeth Expressway: Route, districts covered, travel time, cost. Here’s all about India’s longest Nagpur-Goa highway
The Nagpur-Goa Shaktipeeth Expressway will improve connectivity and reduce travel time to 8-10 hours. Developed by MSRDC, this expressway will link pilgrimage sites and stimulate tourism and economic growth. Spanning 805 kilometers, it connects 12 districts in Maharashtra, enhancing access for travelers and catalyzing regional development.
Despite cyclical downturn in India, govt unlikely to unleash any fiscal stimulus measures: Report
India is experiencing a cyclical economic downturn with projected GDP growth of 6.1% for FY25 and FY26. While rural growth shows improvement, the government is expected to maintain fiscal discipline, and monetary policy remains cautious. Private capex sees encouraging signs, driven by various initiatives.
India’s inflation likely to stabilise around 4.3-4.7 pc in FY26: Report
Inflation in India is expected to stabilize at an average of 4.3-4.7 per cent in FY26. Food prices are likely to moderate and agricultural output to stabilize. Monetary policy adjustments, including rate cuts, are anticipated to support economic stability. Core inflation trend is forecasted to be stable, with a 25-basis point reduction in the repo […]
UPI transactions rises 8 pc to 16.73 bn in December: NPCI data
UPI transactions in December hit a record 16.73 billion, an 8% increase from November’s 15.48 billion. Transaction value rose to Rs 23.25 lakh crore, up from Rs 21.55 lakh crore. Daily average transactions reached 539.68 million in December, with a daily transaction value of Rs 74,990 crore.
Nifty likely to trade in 22,800-23,800 range: Analysts
We expect the weakness in Nifty to persist, due to the lack of leadership from heavyweight sectors such as Bank Nifty and IT, alongside the prevailing weak market sentiment.