Bharat Forge shares rose 4% after strong growth in North America’s Class 8 truck orders, which jumped 159% year-on-year in February. The surge signals improving demand in the commercial vehicle cycle, a key export market for the company, which also reported robust profit and revenue growth in the December quarter.Read More

Axis Securities has identified 15 top stock picks, maintaining an overweight stance on BFSI, telecom, consumption, healthcare, and interest-rate sensitive sectors. The brokerage favors discretionary and retail consumption plays, along with select capex-linked cyclical stocks, while expressing caution on IT in the medium term.Read More

The Indian Rupee is facing sharp pressure, falling against the US Dollar. Middle East tensions are driving a global move towards safe-haven assets, boosting the Dollar. This situation impacts India’s import costs and inflation. The Reserve Bank of India is expected to intervene to manage volatility. Geopolitical stability is crucial for the Rupee’s outlook.Read More

Adani Ports and JSW Infrastructure shares saw gains after JP Morgan initiated coverage with overweight ratings. The brokerage sees strong growth in India’s ports sector. JP Morgan has set price targets for both companies, anticipating significant expansion and revenue growth. Both firms are investing in logistics and warehousing, diversifying their operations. Their financial health remains...Read More

The Indian Rupee has recovered from its record low, gaining 48 paise to trade at 91.57 against the US dollar. This recovery follows positive momentum in domestic equity markets. However, rising crude oil prices and foreign investor selling continue to exert pressure. Geopolitical tensions in the Middle East are also a significant factor influencing the...Read More

Indian markets are navigating a turbulent phase. Geopolitical tensions and volatile commodity prices are impacting investor sentiment. Market expert Ajay Bagga advises patience and selective buying of fundamentally strong stocks. He believes the situation may ease soon. Financials are expected to lead when stability returns. Defence sector presents a long-term opportunity. Investors should prepare but...Read More

President Trump nominated former Fed Governor Kevin Warsh to chair the Federal Reserve, signaling a potential shift towards lower interest rates. While Republicans largely view Warsh as qualified, his confirmation faces challenges from Senator Thom Tillis and unified Democratic opposition, potentially impacting the Fed’s independence and future monetary policy.Read More

The Rs 1,087 crore Sedemac Mechatronics IPO entered Day 2 with 27% subscription on the first day, driven by QIB demand. The grey market premium stands at Rs 60, indicating modest listing gains. While financial growth is strong, high valuations and customer concentration remain key concerns for investors.Read More

The Indian rupee hit a record low of 92.15 against the dollar, mirroring a surge in equity fear gauges. This depreciation is attributed to West Asian war-induced oil and gas supply disruptions, prompting a flight to safe-haven dollar assets. Central bank interventions helped arrest steeper losses, but the rupee faces continued depreciation pressure.Read More

Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ from past conflicts. Patel also discusses AI’s impact on IT services and identifies potential investment opportunities in corrected sectors, while advising caution in others.Read More