Technical View: Nifty 50 likely to stay range-bound below 24,400; Bank Nifty holds 20-day EMA, signalling short-term bullish trend remains intact

  Nifty needs to reclaim and sustain above the 24,350-24,400 zone, which could increase the possibility of a further upmove towards the 24,800-25,000 zone. Until then, range-bound trading and consolidation are likely to continue, with immediate support at 24,200, followed by the key support level of 24,000.   The Nifty 50 retreated after Friday’s sharp…

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Patanjali Foods shares fall 17% as 1.5% equity worth Rs 195 crore changes hands

Shares of Patanjali Foods plunged 18% on July 15 to hit 52-week low after 1.5% equity worth Rs 195 crore changed hands.   At 12 pm on July 25, Patanjali Foods shares were trading 17% lower at Rs 337.6 apiece, thus extending losses for third straight session. The 52-week low of the stock is Rs…

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Moody’s Ratings affirms SBI, HDFC Bank ratings on strong asset quality

Moody’s has affirmed the ratings of SBI and HDFC Bank with a stable outlook, citing strong asset quality, healthy profitability and solid capital buffers Moody’s Ratings on Tuesday affirmed the ratings of State Bank of India (SBI) and HDFC Bank, with a stable outlook, on strong asset quality.   In two separate statements, Moody’s Ratings…

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India’s exports rise 15.5% in June, trade deficit widens to $30.43 bn

During April-June this fiscal, exports increased 15.92 per cent to $129.32 billion, while imports rose 19.89 per cent to USD 216.18 billion.   India’s exports rose by 15.5 per cent to $40.41 billion in June, even as the trade deficit widened to $30.43 billion. Imports in June went up by about 31 per cent to…

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Nifty Midcap, Smallcap indices hit 52-week highs; what’s driving the rally?

Zensar Technologies, CDSL, Bandhan Bank and MRPL from the Nifty Smallcap 100 index rallied between 5% and 12% in Friday’s intra-day trade. Shares of select midcap and smallcap companies were in demand with the Nifty Midcap 100 and Nifty Smallcap 100 indices hitting fresh 52-week highs in Friday’s trade amid a strong rally in equities.…

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US-Iran conflict: Why have attacks resumed despite peace talk efforts?

A fresh exchange of strikes between the US and Iran has fuelled fears of a wider conflict and disrupted shipping through the Strait of Hormuz. Here’s what led to the latest escalation The fragile peace between the United States and Iran has come under stress after Washington launched a fresh wave of military strikes on…

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Where are markets headed after Nifty tests major support of 23,800 today? Check key levels for tomorrow

The sharp rise in volatility indicates market swings may remain elevated in the near term as India VIX rose 26%.   The equity benchmark indices Sensex and Nifty logged their sharpest single-day fall in more than three months on Wednesday after U.S. President Donald Trump said the peace accord with Iran was “over”, triggering a…

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Bharti Airtel tests 200-DMA; this brokerage expects 10% upside in stock

Analysts at Bajaj Broking believe that Bharti Airtel generated a breakout above the 4-month consolidation range of ₹1,740 – ₹1,930 and expect the stock to target ₹2,125 levels in the coming months.   Bharti Airtel stock hits 200-DMA   Bharti Airtel stock today hit the 200-day moving average for the first-time since February 25, 2026.…

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Mutual funds holding cash: Is high cash balance a red flag for investors? Experts explain

Experts suggest that cash holdings should be viewed as a portfolio management tool rather than a buy-or-sell signal. A fund’s investment philosophy, portfolio quality, and long-term performance remain far more important than a single percentage shown in the monthly factsheet.   A mutual fund primarily invests in stocks, bonds, or commodities, but not every rupee…

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Waterways Leisure shares hit 10% upper circuit a day after weak D-St debut

Despite Wednesday’s gains, the stock continues to trade nearly 9 per cent below its IPO price, though it is about 8 per cent higher than its listing-day low on the NSE   Shares of Waterways Leisure Tourism staged a sharp rebound on Wednesday, a day after a weak debut on the stock exchanges, with the…

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