InCred Equities expects Hyundai Motor India to see limited benefits from the GST rate cut, given its heavy reliance on SUVs, exports, and spares. The brokerage raised FY26F–28F sales estimates by just 3%, versus higher industry upgrades, citing weaker exposure to compact cars. Valuations are now 26% above Maruti Suzuki’s. Hyundai shares have risen 50%...Read More

Japan’s Nikkei share average ended at a three-week low on Wednesday in a broad sell-off as investors booked profits from the latest rally at the start of the second half of the fiscal year.Read More

European shares were flat on Wednesday, with gains in heavyweight healthcare stocks offsetting the decline in the broader market, as investors fretted over a potential delay in the closely-watched U.S. jobs data.Read More

The Reserve Bank of India has proposed sweeping changes to expand banks’ role in capital market lending. The central bank has proposed removing the regulatory ceiling on loans against listed securities and raising the individual lending limit from Rs 20 lakh to Rs 1 crore.Read More

Bitcoin held steady at $114,603, buoyed by dollar weakness driving investors towards crypto assets. While some altcoins experienced dips, experts urge caution amidst economic uncertainty. Bitcoin needs to breach $114,750 for sustained buying pressure, or it risks testing $112,200 support levels. Ethereum shows bullish short-term momentum but faces significant selling pressure. The market anticipates consolidation...Read More

India’s Nifty has significantly underperformed global markets over the past year, dropping 3.6% while others soared. This follows a post-Covid boom driven by retail investors and strong earnings, which led to stretched valuations. Corporate earnings growth also slowed to 5%.Read More

India’s stock market lags global markets. Valuations are high, and earnings growth is slow. US-India trade issues also affect investor interest. Recent GST cuts and interest rate reductions could provide some support. However, a large earnings improvement is not likely this year. The market may move sideways. Stock picking offers opportunities for investors.Read More

India’s stock market lags global markets. Valuations are high, and earnings growth is slow. US-India trade issues also affect investor interest. Recent GST cuts and interest rate reductions could provide some support. However, a large earnings improvement is not likely this year. The market may move sideways. Stock picking offers opportunities for investors.Read More

As a US government shutdown nears, investors are evaluating its market impact. A prolonged shutdown could weaken the economy and the dollar, potentially leading to Fed rate cuts and benefiting emerging markets. Gold demand remains strong amid uncertainty, inflation, and a soft dollar, with prices expected to rise further.Read More

Sterlite Electric, part of the Vedanta Group, has filed its DRHP with Sebi to raise funds through an IPO. The issue includes a fresh equity sale and an offer for sale, each of 77.9 lakh shares. Promoters Anil Agarwal and Twin Star Overseas will participate in the OFS. Proceeds will fund debt repayment, capital expenditure,...Read More