Hindalco Industries shares dropped significantly following a sharp 45 percent decline in its December quarter net profit. The company reported a profit of Rs 2,049 crore compared to Rs 3,735 crore in the previous year. Revenue from operations saw a 14 percent increase. Citi downgraded the stock to Neutral citing concerns over Novelis’ performance and...Read More

India’s economy is showing strong growth and controlled inflation, creating a favourable environment. Experts believe interest rates will remain stable for an extended period. Potential inclusion in global bond indices could bring significant foreign investment. Investors are advised to consider short-duration strategies for better returns in the coming fiscal year.Read More

Indian markets are navigating cross-currents post-Budget and policy announcements, with volatility expected to persist. Mohit Khanna of PGIM India AMC anticipates range-bound movement in the near term but sees strong earnings growth accelerating in FY27-28. He favors a bottom-up approach, with a constructive outlook on mid- and small-cap equities.Read More

Indian IT services firms face headwinds as global enterprises prioritize hardware over software. Despite negative sentiment, stable fundamentals and improving earnings offer a compelling buying opportunity. Christy Mathai, Fund Manager-Equities at Quantum AMC, says investors can find value in IT services, consumer durables, and selective auto segments, while capital goods and energy present mixed outlooks.Read More

Indian stock markets are showing more reasonable valuations after recent volatility. This positioning is expected to attract emerging market investment flows. Earnings growth is showing signs of revival across various sectors. Investors are advised to consider a broader range of commodities beyond gold and silver. Opportunities are emerging in mid and small-cap segments as valuation...Read More

An uptrend signal is generated when the RSI value crosses above 50 from below.Read More

The Rs 17.04 crore IPO, which comprised a fresh issue of Rs 14.04 crore and an offer for sale of Rs 3 crore, was subscribed 11.85 times overall. The NII segment led the demand at 25.41 times, followed by retail at 8.99 times and QIBs at 6.57 times (excluding anchor portion).Read More

Friday brought a pleasant uplift for gold and silver prices, thanks to savvy bargain hunters jumping in. After dipping to a one-week low earlier, the market responded positively to robust U.S. employment statistics, reshaping expectations about potential interest rate cuts. Now, eyes are on the forthcoming inflation report, which may clarify the Federal Reserve’s next...Read More

On Friday, oil prices remained stable, marking a likely second consecutive weekly decline. Tensions surrounding a conflict with Iran have subsided, leading analysts to predict that this year, oil supply will surpass global demand. Gains made earlier in the day wilted after remarks from President Donald Trump cast doubt on a possible agreement with Iran.Read More

Asian stocks are outperforming US markets as fears of AI-driven business disruption hit American tech firms. Investors are shifting towards Asian chipmakers, crucial hardware suppliers for AI, like Samsung and TSMC. This focus on infrastructure, rather than software pioneers, is boosting regional markets, with memory chip prices also contributing to gains.Read More