Aparna Shanker of The Wealth Company Mutual Fund suggests a balanced investment strategy for FY27. She advises a tilt towards equities, with exposure to debt and gold. Shanker highlights opportunities in manufacturing, financials, and select small and mid-cap stocks. This approach aims for long-term wealth creation amidst market dynamics.Read More

South Korean shares plummeted on Monday, with the KOSPI falling 5% and the won hitting a 17-year low amid escalating Middle East geopolitical conflict. Investors are concerned about potential attacks on energy facilities, impacting global markets. Despite robust tech sectors and government plans for an extra budget, market patience is waning.Read More

Japanese markets experienced a sharp downturn on Monday. Stocks and bonds fell to multi-month lows. This decline was triggered by escalating conflict in the Middle East. Fears of rising inflation and a potential economic slowdown gripped investors. The Nikkei index saw a significant drop, erasing its yearly gains.Read More

The Indian rupee hit a record low against the U.S. dollar amid escalating Middle East conflict, raising concerns about energy supply disruptions and impacting Asia’s third-largest economy. Asian currencies also declined as geopolitical tensions intensified, with oil prices surging over 50% this month.Read More

Thane police have arrested two co-founders of cryptocurrency exchange CoinDCX, Sumit Gupta and Neeraj Khandelwal, in connection with an alleged fraud of Rs 71.6 lakh. The duo was apprehended in Bengaluru following an FIR registered on March 16.Read More

InterGlobe Aviation shares dipped after Goldman Sachs reduced its target price by 13.3% to Rs 5,200, citing rising fuel costs and Middle East traffic weakness. The brokerage maintained a Buy call, highlighting potential market share gains for IndiGo amid industry consolidation and the airline’s strong net cash position.Read More

Central Mine Planning and Design Institute Ltd (CMPDI) IPO, valued at Rs 1,842 crore, is in its second day of bidding with a modest 1% grey market premium. The issue saw low subscription on Day 1, with Retail Individual Investors showing the most interest. The IPO, an Offer for Sale, closes on March 24.Read More

Gold prices have experienced their worst weekly fall in 40 years, dropping to USD 4,354 per ounce from a recent high. Despite geopolitical tensions, the precious metal is failing to act as a safe haven, with analysts suggesting current levels offer long-term buying opportunities.Read More

Indian stock markets experienced a significant downturn on Monday, with Sensex and Nifty both plummeting. This sharp selloff, wiping out substantial market capitalization, was driven by escalating geopolitical tensions, a weakening rupee, and broad-based losses across all sectors. Investors reacted negatively as major indices and most individual stocks traded in the red.Read More

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be in an overall uptrend.Read More