The Indian rupee experienced its steepest weekly fall in a month, nearing the 91-per-dollar mark due to portfolio outflows and geopolitical tensions. Central bank intervention helped stabilize the currency, while a strong dollar index, driven by U.S. economic data and Middle East tensions, also played a role.Read More
Indian dairy products maker Milky Mist will push ahead with its planned initial public offering this year despite volatile markets, its CEO said, adding the company expects to maintain about 30% annual revenue growth.Read More
Indian IT stocks face a sharp correction amid concerns over AI disruption and low R&D investment. Aequitas highlights heavy shareholder payouts over reinvestment, raising long-term competitiveness questions. While risks to revenue and margins persist, experts remain divided on whether AI poses an existential threat or a transformative opportunity for the sector.Read More
Jewellery and footwear sectors are driving growth in consumer discretionary spending. Quick-service restaurants are adapting with pricing strategies. Margins are improving due to cost management. Experts see limited downside in valuations. Key metrics to watch include same-store sales growth and brand margins. Titan, Lenskart, Metro Brands, Vishal Mega Mart, Devyani, and Sapphire are top picks.Read More
Axis Direct has recommended four high-conviction FMCG and retail stocks post Q3 earnings, including Nestle India, Britannia, DOMS Industries and V-Mart Retail. The brokerage sees up to 32% upside, driven by strong demand recovery, expansion strategies, improving margins and favourable macro factors such as GST reforms and rural consumption trends.Read More
Equity markets experienced a sharp reversal this week, erasing early gains and sparking debate about deeper weakness. Despite the choppiness, market experts remain constructive, citing strong earnings trends and sectoral tailwinds. Rahul Shah highlights robust profit growth and positive outlooks for BFSI, metals, consumption, autos, and cement, recommending selective investment in largecap stocks.Read More
Japan’s Nikkei share average fell on Friday as heightened U.S.-Iran tensions and a sell-off in U.S. private-equity shares dented sentiment.Read More
Indian equities experienced significant volatility last month, with many BSE500 stocks seeing sharp declines. However, analyst forecasts suggest potential rebounds for several of these battered stocks, with some projected to offer substantial upside in the coming period.Read More
Australian shares saw weekly gains despite a Friday dip. Strong corporate earnings, especially from banks, supported the market. Investors are now watching results from Woodside Energy, Woolworths, Coles, and Qantas. Miners experienced a slight fall, while banks showed resilience. Guzman y Gomez shares dropped significantly on the day.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.