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Waaree Energies U.S. subsidiary has secured a 540 MW solar module contract from a leading American developer, with deliveries split between 2025 and 20272028. This deal follows two other major U.S. orders, reinforcing Waarees North American expansion plans. The company is also doubling its Texas capacity and holds an order book of 25 GW through 2027.
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SBI Securities' Sunny Agrawal anticipates a constructive second half for equity markets in 2025, driven by rate cuts, tax benefits, and revived capex. He suggests focusing on rate-sensitive sectors and themes like steel tubes and railway wagons. While geopolitical tensions may cause short-term crude oil volatility, overall, prices are expected to remain benign, benefiting various domestic sectors.
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In the Nifty 500 pack, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 27, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders 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. Take a look:
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