Global brokerage UBS has downgraded Indian equities to Neutral from Attractive due to escalating geopolitical risks in the Middle East and their impact on India’s energy imports. Analysts highlight the nation’s vulnerability to oil price spikes and supply disruptions, particularly through the Strait of Hormuz.Read More

The Indian rupee ​weakened slightly on Wednesday but ​held off pressure from dollar demand linked to maturing ​non-deliverable forwards and foreign portfolio outflows, as the central bank intervened to support the currency.Read More

In volatile markets, Zerodha CEO Nithin Kamath advises traders to prioritize survival over profit. He suggests trading with smaller capital and waiting for genuine opportunities, especially with global markets influenced by unpredictable events. With upcoming holidays and geopolitical tensions, a break to recharge is recommended for a fresh perspective.Read More

Indian equities are experiencing a sharp correction due to geopolitical tensions, with valuations becoming attractive. However, elevated oil prices and conflict duration pose significant risks, potentially impacting trade deficits and currencies. Investors are advised to focus on reasonably valued stocks, with engineering, EPC, and IT midcaps showing promise.Read More

United Spirits’ Rs 16,660 crore sale of its RCB stake has been termed value accretive by brokerages, which expect improved capital allocation and potential shareholder returns. The deal, involving major investors, sets a strong valuation benchmark for IPL franchises and could act as a positive trigger for the stock.Read More

TVS Holdings has declared an interim dividend of Rs 86 per equity share, amounting to a 1,720% payout on its 2.02 crore shares. The record date for this dividend is April 2, with payments expected within 30 days. The company also raised Rs 650 crore through non-convertible debentures.Read More

Central Mine Planning & Design Institute Ltd (CMPDI) IPO share allotment is expected today. The Rs 1,842 crore Offer for Sale (OFS) saw full subscription, driven by Qualified Institutional Buyers. Investors can check their allotment status on BSE or the registrar’s website.Read More

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United Spirits’ $1.8 billion sale of Royal Challengers Bangalore has sparked debate on IPL franchise valuations, nearly doubling analyst expectations. While scarcity and strong underlying metrics like 20-25% revenue CAGR and 35% EBITDA margins support high valuations, future growth may moderate due to media rights dynamics and underdeveloped alternative revenue streams.Read More

Japan’s Nikkei ​share average rose the most ​in a week on Wednesday, supported by cautious optimism ​that the Middle East crisis could move toward a potential settlement after recent volatility.Read More