Shares of MobiKwik’s parent company, One Mobikwik Systems, surged by 19% on March 19 after a 20% rally the previous day, recovering from a 52-week low earlier in the week. Despite the rebound, the stock remains significantly below its all-time high and faces persistent selling pressure.Read More
Tata Steel shares surged 3% to Rs 159.25 amid a sector-wide rally after the DGTR proposed a 12% safeguard duty on certain steel imports. Emkay Global sees the stock at an “inflection point,” citing volume growth, a potential European turnaround, and attractive valuations. The brokerage retained a ‘Buy’ rating, expecting a 7-8% CAGR in steel...Read More
IndiGo shares surged 2.33% after the airline unveiled an ambitious FY30 growth roadmap. It plans to carry 118 million passengers in FY25, expand its fleet, and add 14 new destinations in FY26. The introduction of Airbus A321 XLR and aggressive international expansion strengthen its market position. IndiGo’s stock has gained nearly 52% over the past...Read More
JM Financial has cut Suzlon Energy’s target price to Rs 71 from Rs 80, citing execution challenges and a lower valuation multiple. Despite this, the firm sees a 29% upside. Suzlon is expanding manufacturing capacity to 4.5GW but faces hurdles like land availability and project execution risks.Read More
Gautam Shah of Goldilocks Premium Research expresses confidence in select market sectors despite uncertainty in the Nifty’s direction. He highlights opportunities in financial services, metals, power, infrastructure, and real estate, suggesting substantial gains in metal stocks over the next 6 to 12 months.Read More
In FY25, sectors like media, energy, PSU banks, and realty are expected to perform poorly, while defence, financial services, and healthcare are projected to see gains. Media has witnessed a significant profit decline, while PSU banks, despite strong numbers, face challenges like NPAs. Positive views are held on metals, NBFCs, private banks, and technology for...Read More
The German financial services giant is looking to partner with Jio Financial Services (JFSL) after deciding to exit its 24-year-long joint venture with the Bajaj Group. Allianz is selling its 26% stake in Bajaj Allianz General Insurance Co and Bajaj Allianz Life Insurance Co to its Indian partner for $2.8 billion, potentially in multiple tranches.Read More
Foreign institutional investors (FIIs) continue selling Indian equities due to US policy shifts, global interest rates, and emerging market underperformance. Nilesh Shah attributes this to US tax cuts and protectionism, while Karthik Kumar links it to global yields and currency trends. FIIs may return when global conditions stabilize.Read More
Gautam Shah of Goldilocks Premium Research highlights opportunities in financial, metal, power, and infra sectors, recommending top companies like HDFC, ICICI, SBI, and NBFCs. He remains optimistic about the Indian market’s structural story despite short-term corrections, emphasizing that sectors like real estate and power hold promising potential for the upcoming months.Read More
The US stock market faces rising risks as overvaluation, slowing earnings, inflation, and trade tensions create uncertainty. The Magnificent Seven’s fading influence, tariff escalations, labor market strains, and recession fears add to volatility. Whether this results in a correction or downturn depends on corporate earnings resilience and policy responses.Read More
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