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Ola Electric Mobility shares surged 6% to Rs 54.71 on BSE today after the company addressed recent media reports on its February 2025 sales figures, attributing discrepancies to a temporary registration backlog and rejecting claims of regulatory issues.In a statement released on Friday, the company said that its sales remain strong, and that it is in the process of clearing the backlog that had caused discrepancies in vehicle registration data.According to Ola, this backlog, which was not caused by any internal operational issues, is being addressed, with daily registration numbers already surpassing 50% of the company’s three-month daily sales average. As of the latest update, 40% of the February backlog has already been cleared, and Ola Electric expects the issue to be fully resolved by the end of March 2025."This is a straightforward case of a temporary registration backlog, yet certain media outlets and vested interests have deliberately misrepresented it as a regulatory issue through misinformation and smear campaigns," the Bhavish Aggarwal-led EV manufacturer said in its statement.These reports, according to Ola, intensified following the company's decision to discontinue contracts with two nationwide vendors that had previously handled its vehicle registration process.Also Read: Stocks in news: Jio Financial, Adani Enterprises, Infosys, TCS, Bajaj FinanceThe discrepancyAccording to earlier media reports, Ola Electric is currently under heightened regulatory scrutiny amid concerns from the Ministry of Heavy Industries (MHI) about discrepancies between the company's reported sales figures and the actual vehicle registrations recorded.MHI plans to send a second letter to the company next week, requesting detailed information on its sales and registration figures, said the reports.In February, Ola Electric reported selling 25,000 vehicles, but only 8,600 of those sales were registered in the Vahan Portal, prompting authorities to question the mismatch. The Ministry had already sent a letter to the company earlier this year seeking clarification on the matter.Also Read: IT stocks see highest foreign sell-off amid US uncertainty(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

Rallying for the fourth straight session, stock market benchmarks Sensex and Nifty surged over 1 per cent on Thursday, powered by across-the-board buying amid a mixed trend in global equitiesStocks that were in focus include names like GRSE, which rose 4.5% and KEI Industries, which declined 12% and IndiGo, whose shares gained 2.2% on Thursday.Here's what Ameya Ranadive, Chartered Market Technician, CFTe, Sr Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.GRSEGarden Reach Shipbuilders and Engineers Ltd (GRSE) surged 4.73% to Rs 1,724, delivering a decisive breakout above a long-term downtrend line, backed by heavy volumes. The stock has reclaimed key moving averages, signaling bullish momentum. The RSI at 72 suggests strong buying interest, while MACD is trending positively.With increasing government focus on defense modernization and recent contract wins in the shipbuilding sector, GRSE is poised for further upside. Traders can eye Rs 2,000 as the next target, with support placed below Rs 1,550. The breakout aligns with renewed strength in the defense sector, where recent policy initiatives and order inflows are driving optimism.Given its strong breakout above the downtrend line and a move past crucial EMAs (50, 100, and 200), GRSE is exhibiting a robust bullish structure. The rising RSI and bullish MACD crossover further support the momentum. A sustained close above this level could trigger further upside toward Rs 2,000, with Rs 1,550 acting as key support. Traders should watch for continued volume expansion to validate the breakout and confirm strength in the ongoing trend.KEI IndustriesKEI Industries Ltd plunged 12.38% to Rs 2,876.75, breaking key support levels on heavy volumes. The stock has decisively breached its 200-day EMA (Rs 3,807) and remains below all crucial moving averages, signaling continued weakness. The RSI at 34 suggests bearish momentum, while the MACD remains deeply negative, confirming the downtrend.The breakdown was triggered by heightened competition concerns after Adani's entry into the cable and wire segment, adding pressure to KEI’s outlook. The stock attempted a bounce but failed to sustain, indicating selling pressure at higher levels.Technically, the trend remains negative, and any rise towards Rs 3,100-3,200 may be met with further selling. Until KEI regains Rs 3,250 on a closing basis, the stock remains a ‘sell on rise’ candidate. Traders should watch for continued volume spikes, as further downside toward Rs 2,700-2,600 appears likely if weakness persists.IndiGoInterGlobe Aviation (IndiGo) has given a strong breakout, backed by rising volumes, signaling further upside potential. The stock has decisively moved above key resistance levels and is trading well above its 20-day , 50-day, 100-day, and 200-day Exponential Moving Averages , indicating a strong bullish trend.Momentum indicators support this breakout, with the MACD showing positive divergence and strength building up. The RSI at 76.60 is in overbought territory, reflecting strong buying interest. The stock has cleared a crucial resistance zone, and with sustained momentum, the next upside target is set at 5,650, while support lies at 4,850, which serves as a stop-loss.Fundamentally, IndiGo remains in focus due to positive developments in the aviation sector. As long as the stock holds above key EMAs, the bullish bias remains intact, making it a buy-on-dips candidate.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

A US judge ordered Thursday that an Indian researcher at a top American university not be removed from the country, following his arrest and threat of expulsion for alleged Hamas ties.The detention of Badar Khan Suri, a postdoctoral fellow at Georgetown University in the US capital, came as fears mount in the academic world that freedom of research and speech is being challenged two months into US President Donald Trump's new term.Suri's lawyer demanded his release and denounced the arrest as a "targeted, retaliatory detention" that was intended "to silence, or at the very least restrict and chill, his speech" as well as that of others who "express support for Palestinian rights."Early Thursday evening Judge Patricia Tolliver Giles of the Eastern District of Virginia Court ordered Suri "shall not be removed from the United States unless and until the court issues a contrary order."The American Civil Liberties Union (ACLU), which has also filed an emergency motion to stop the deportation, said Suri was being held at an immigration detention center in Louisiana."Ripping someone from their home and family, stripping them of their immigration status, and detaining them solely based on political viewpoint is a clear attempt by President Trump to silence dissent," said ACLU immigrant rights attorney Sophia Gregg. "That is patently unconstitutional." On Wednesday, the French government condemned the expulsion of a French space scientist meant to attend a conference in Houston, after officials searched his smartphone and found what they called "hateful" messages against US policy."Dr Khan Suri is an Indian national who was duly granted a visa to enter the United States to continue his doctoral research on peacebuilding in Iraq and Afghanistan," Georgetown University said in a statement."We are not aware of him engaging in any illegal activity, and we have not received a reason for his detention."Neither Secretary of State Marco Rubio "nor any other government official has alleged that Mr Suri has committed any crime or, indeed, broke any law whatsoever," his lawyer said in the court filing.The filing accused the US government of having detained Suri "based on his family connection and constitutionally protected free speech."Fellow arrestedSuri -- a fellow at Georgetown's Alwaleed Bin Talal Center for Muslim-Christian Understanding, according to the university website -- was arrested Monday at his home in Arlington, Virginia, according to Politico, which first reported on the story. Tricia McLaughlin, a spokeswoman for the Department of Homeland Security, said on X that Suri was "a foreign exchange student at Georgetown University actively spreading Hamas propaganda and promoting anti-Semitism on social media."McLaughlin accused him of having "close connections to a known or suspected terrorist, who is a senior advisor to Hamas."The State Department decided the researcher was subject to deportation under a provision of immigration law that allows for expulsion if the visa holder's presence in the United States is determined to threaten US foreign policy, she added.Hamas is a US-designated terror organization.Georgetown University said it backs its "community members' rights to free and open inquiry, deliberation and debate, even if the underlying ideas may be difficult, controversial or objectionable."Citing a petition filed by Suri's lawyer, Politico reported that Suri's wife is a US citizen of Palestinian descent, and that the couple believes they are being targeted because the government suspects they oppose US policy on Israel.