Eternal and Swiggy shares rose after platform fee hikes, despite HSBC cutting target prices due to rising competition in quick commerce. The brokerage maintained a Buy on Zomato but a Hold on Swiggy, warning that higher pricing—especially at Blinkit—could hurt market share.Read More

Indian stock markets face a holiday-shortened week, with closures on Thursday for Shri Ram Navami and further trading disruptions in the coming weeks due to Mahavir Jayanti and Good Friday. Markets opened sharply higher on Wednesday, extending recovery amid easing Iran-US tensions and Iran’s statement on the Strait of Hormuz.Read More

SpaceX is reportedly preparing to file for an initial public offering in June, aiming to raise an estimated $75 billion. This move, which follows a recent valuation of $1.25 trillion after merging with xAI, could significantly surpass previous record-breaking IPOs. The company’s public debut is expected to bring increased transparency and pressure for profitability.Read More

​On March 24, the closing prices of five stocks in the Nifty500 pack rallied over 2% relative to their VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com’s technical scan data.​Read More

Japanese government bonds saw gains for a second day. This rise followed indications of a potential Middle East crisis resolution. Lower oil prices eased inflation worries. This development impacts Japan’s economy, which relies heavily on imported energy. The Bank of Japan’s policy meeting minutes were also released. Policymakers noted the need for interest rate increases.Read More

Geopolitical tensions and market corrections are testing investor confidence, but history shows markets rebound strongly. Avinash Satwalekar of Franklin Templeton advises against panic selling, emphasizing disciplined asset allocation and using market weakness for long-term opportunities. India’s economic fundamentals remain robust, with GDP growth expected to exceed 7%.Read More

George Joseph of ASK Investment Managers sees a prime opportunity in Indian equities, urging aggressive deployment of funds. He highlights significant market corrections, particularly in construction, real estate, and large private banks, presenting attractive valuations. Joseph also dismisses fears of an AI-driven collapse in the IT sector, believing it will expand opportunities.Read More

Sagility share price surged 8% after Nomura initiated coverage with a Buy rating and a Rs 55 target price. The brokerage sees Sagility benefiting from AI in healthcare. The company serves US health insurance firms and hospitals. Institutional investors have increased their stakes. Sagility’s stock has seen a decline recently.Read More

Sammaan Capital share price surged 8% as RBI greenlit a significant 66.65% stake acquisition by Abu Dhabi’s Avenir Investment RSC. This deal, involving an Rs 8,850 crore preferential issue, marks a major Middle Eastern investment in India’s financial sector. However, the RBI imposed conditions, including a ban on public deposit raising, with SEBI’s final nod...Read More

The Rs 440 crore IPO of Amir Chand Jagdish Kumar Exports has entered Day 2, with a grey market premium of Rs 6-7 indicating modest listing gains. The issue was subscribed 1.19 times on Day 1, led by strong NII demand. Brokerages recommend subscribing for long-term growth prospects.Read More