A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest point of the session and the closing price is the highest.

John Cockerill India s shares rose after securing a contract from Tata Steel to supply a push-pull pickling line and acid regeneration plant for its Jamshedpur Tinplate Division. The advanced technology aims to enhance production efficiency and support Tata Steel s sustainability goals. Earlier this month, the company also secured a contract from JSW JFE Electrical Steel Nashik.

Waaree Energies subsidiary, Waaree Power, is set to acquire a 76% stake in Racemosa Energy, a smart meter manufacturer, for approximately Rs 53 crore. This strategic move will allow Waaree to enhance its renewable energy and power distribution offerings by leveraging Racemosa s expertise in smart metering solutions. The deal, expected to close in FY 2025-26, is subject to regulatory approvals.

Foreign investors may reverse their stance on Indian markets. A rally in Sensex and Nifty is expected. US Federal Reserve rate cuts and India s economic resilience are key factors. GST reductions and other reforms are also important. Earnings recovery is expected from Q3FY26. This could trigger renewed capital inflows. The macroeconomic foundation of India remains strong.

Indian stocks experienced a slight downturn on Friday, halting a three-day rally. The Sensex and Nifty 50 indices both opened lower, influenced by tempered enthusiasm regarding potential U.S. Federal Reserve rate cuts and the advancement of trade discussions between India and the United States. Investors are adopting a cautious approach after recent gains.

India s IPO market is gaining traction, with several startups preparing to debut around Diwali. Groww, PhysicsWallah, and Pine Labs are among the companies gearing up for IPOs, with PhonePe potentially filing confidential papers soon. Lenskart is also planning a public listing, aiming to capitalize on the renewed interest in the Indian IPO market.

The Bank of Japan (BOJ) has decided to maintain its short-term interest rates at 0.5% following a two-day policy meeting. However, in a significant shift, the BOJ will begin selling its holdings of exchange-traded funds (ETFs) and real-estate investment trusts (REITs). The decision saw dissent from board members Naoki Tamura and Hajime Takata.

Indian Hotels Company clarified it does not own but operates New York’s The Pierre under leasehold rights, dismissing reports of a $2 billion exit deal as “misleading and speculative.” The filing stressed hotel operations remain unaffected, with disclosures to follow if required. The clarification comes amid IHCL’s selective overseas strategy and focus on city-specific opportunities.

Ola Electric shares have experienced a 40% surge in the past month, driven by supportive government policies, improved operational efficiency, and overall sector optimism. The company s eligibility for Production Linked Incentive scheme and enhanced gross margins have boosted investor confidence. However, technical indicators present a mixed outlook, with analysts suggesting potential short-term corrections despite the positive trend.