Nifty slips below 50-day EMA for 1st time in 3 months, signals more pain

Nifty has seen a bearish breakdown from the rising trendline connecting the higher bottoms of November 2025 and December 2025, along with a close below the 50-EMA. Nifty outlook: The coming session will be crucial, as sustained trading below the 25,900 level could open the door for further downside.   Nifty on Thursday fell for…

IndiGo ‘profusely’ sorry for flight cancellations, tells DGCA ‘realistically not possible to pinpoint the exact causes’

The DGCA said that IndiGo had attributed the mass cancellations to the ‘compounding effect of multiple factors,’ which operated in an ‘unfortunate and unforeseeable confluence’. Hours after IndiGo CEO Pieter Elbers and COO Isidre Porqueras responded to a show-cause notice by the Directorate General of Civil Aviation (DGCA), the aviation watchdog released a statement providing…