Eternal shares have corrected sharply, but JM Financial sees the decline as an opportunity, maintaining a bullish stance. The brokerage believes concerns around the LPG crisis and competition are overstated, and expects steady growth in Zomato and Blinkit businesses, with potential upside driven by improving margins and long-term demand trends.Read More
Indian equities remain under pressure amid West Asia tensions, with Nifty slipping sharply from recent highs. Analysts see the 21,000–22,000 zone as a potential bottom, backed by technical patterns, valuations, and Fibonacci levels. While short-term rebounds are possible, weak momentum, FII outflows, and rising oil prices suggest volatility may persist, prompting investors to adopt a...Read More
Indian IT stocks saw a significant drop on Tuesday. New artificial intelligence announcements from Nvidia sparked concerns about disruption in the sector. Investors are also awaiting the US Federal Reserve’s meeting outcome. Several major IT companies experienced declines, with some hitting new yearly lows. Analysts suggest valuations are now attractive despite these worries.Read More
Amidst geopolitical tensions, Sanjay H Parekh of Sohum Asset Managers advises investors to accumulate quality stocks during market corrections, highlighting attractive valuations in large Nifty names. He favors domestic-focused sectors like financials, telecom, and infrastructure, while remaining underweight on IT due to long-term headwinds.Read More
Shares of Dalmia Bharat Sugar, Shree Renuka Sugars and other sugar companies rose sharply on Tuesday after the government approved an additional export quota of 87,587 tonnes for 2025–26. The move is expected to ease surplus concerns, support domestic prices, and improve realisations for mills amid firm global trends.Read More
Rising crude oil prices and geopolitical tensions are fueling investor caution, leading to scaled-back risk exposure. Central banks, including the U.S. Federal Reserve, are expected to hold steady on policy as they assess inflation and economic growth impacts. Expectations for near-term rate cuts have faded amid this uncertainty.Read More
Indian government bonds saw a decline early Tuesday due to substantial state debt supply nearing the financial year’s end and oil prices remaining above $100 a barrel. States are set to raise a record 584.20 trillion rupees, while Brent crude hovers near $103 amid supply concerns. Traders are also monitoring the Reserve Bank of India’s...Read More
Shares of Adani Power rose on Tuesday, extending a weekly gain of 13% and hitting a four-month high. The rally is driven by strong technical momentum, rising summer power demand expectations, and a 1,600 MW thermal power supply order from Maharashtra State Electricity Distribution Company.Read More
The stock has now declined over 19% in just two sessions and is nearing its 52-week low of Rs 72 per share. Its market capitalisation stands at around Rs 80,224 crore, down sharply from Rs 99,116 crore on Friday.Read More
Indian stock markets, including the Sensex and Nifty, initially surged on hopes of the Strait of Hormuz reopening. However, gains were largely erased by mid-morning, with IT stocks experiencing significant declines. While some sectors like Pharma and Auto saw modest gains, the overall market traded near flat.Read More
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