The 200-day DMA is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Shree Refrigerations is launching its IPO on Friday. The IPO size is Rs 117.32 crore. Ashish Kacholia and other marquee investors are backing the company. The IPO includes a fresh issue and an offer for sale. The company will use the funds for working capital. Shree Refrigerations specializes in HVAC and refrigeration systems.

A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest.

Helios Mutual Fund s CEO, Dinshaw Irani, notes current market challenges due to poor quarterly results. A September rebound is expected. Trade deal progress with the US is anticipated. The market is pricing in a deal around 15-20%. Urban recovery is showing positive signs. Sideways market movement is likely before earnings dictate direction. Despite this, stock-specific opportunities exist for diligent investors.

Chemical companies are projected to experience revenue growth of 5-10% in the June 2025 quarter, fueled by increased order intake anticipating US tariffs and a weaker rupee boosting exports. Lower raw material prices are expected to protect margins. However, Chinese competition and geopolitical risks create a complex environment, with investors closely monitoring volume sustainability and pricing power.

Karanja Terminal & Logistics promoters, led by Nikhil Gandhi, have proposed a ₹472 crore settlement to Canara Bank and other lenders against a ₹590 crore debt. This revised offer surpasses Prudent ARC s ₹460 crore bid made during a Swiss auction. KTPL operates a port and logistics facility near Mumbai, benefiting from good connectivity and upcoming infrastructure.

Reserve Bank of India will conduct a variable rate reverse repo operation on Friday. The aim is to absorb ₹1.25 lakh crore from the market. This follows a recent injection of ₹50,000 crore into the banking system through a two-day variable rate repo. An overnight VRR operation was also conducted on Thursday.

Rajeev Jain of Bajaj Finance is tasked with creating a succession plan. This follows Anup Saha s exit from a leadership role. The board has given Jain six months for this task. The new Managing Director will be announced by March 2028. The board extensively discussed the matter. Jain shared this update with analysts after the results call.

SBI General Insurance in Mumbai has shown strong performance. The company increased its market share among private insurers to 6.19% in the June quarter. This represents a gain of 78 basis points. Key growth came from health and motor insurance. The insurer s market share increased by 72 bps and 47 bps in these segments, respectively.

Asian stocks experienced a downturn, ending a prolonged winning streak due to uncertainty surrounding potential Federal Reserve interest-rate cuts. Despite the S&P 500 reaching a new record, driven by tech gains, broader market weakness persisted. Strong jobs data tempered expectations for imminent Fed cuts, influencing investor sentiment and market performance.