IndusInd Bank shares rose 1.5% to Rs 687.45 on Tuesday, March 18, after Moody’s reaffirmed its ‘Ba1’ rating. The bank also raised Rs 11,000 crore through certificates of deposit (CDs) to strengthen its funding position following deposit withdrawals triggered by a Rs 2,000 crore accounting discrepancy in its derivatives book.Read More

Indian benchmark indices rose significantly on Tuesday, driven by gains in Asian markets amidst optimism about China’s economy. Key financial stocks led the upswing, while IT stocks saw minor declines. All eyes are on the U.S. Federal Reserve’s interest rate decision and geopolitical tensions, which continue to add caution to the market sentiment.Read More

Ace investor Ashish Kacholia’s portfolio has witnessed a significant decline, with 15 stocks falling by at least 40%. Kacholia’s net worth has dropped 23% since September 2024, highlighting the risks of emulating star investors. Investors are advised to consider their own financial goals and risk tolerance.Read More

HDFC Securities has an ‘add’ call on Dr Lal Pathlabs with a target price of Rs 2910. The company reported a total income of Rs 621.80 crore for the quarter ending 31-12-2024, marking an 11.59% increase from the same quarter last year. The diagnostic sector’s de-rating and moderate earnings growth influenced the latest valuation estimates.Read More

The Nifty IT index was trading 0.83 per cent up at 36435.6.Read More

Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the same time it takes to fill up a petrol car. Separately, on Tuesday, Chinese EV maker Nio said it had signed a deal with battery giant CATL involving cooperation...Read More

The 30-share BSE Sensex was up 756.25 points at 74926.2Read More

The 30-share BSE Sensex was up 769.78 points at 74939.73Read More

Axis Securities has given a buy call on JSW Energy with a target price of Rs 565. The brokerage believes that after recent price corrections and anticipated summer demand, the current price of Rs 524.65 offers a good entry point. The company reported a consolidated total income of Rs 2640.04 crore for the quarter ended...Read More

Indian bond markets saw stable yields due to RBI’s liquidity infusion. Despite elevated money market yields, another rate cut is expected. Investors are advised to allocate to Short Term/Corporate Bond Funds. Geopolitical and macroeconomic uncertainties continue to influence global bond markets.Read More