India might weather the West Asia conflict’s economic storm if it ends soon, according to Swaminathan Aiyar. While a swift resolution is expected due to US political pressures, second-order effects like rising inflation and fertilizer costs are unavoidable. India’s resilience is noted, but the possibility of a prolonged conflict poses significant risks.Read More
Windlas Biotech approved a Rs 47 crore share buyback at Rs 1,000 per share via the tender route, with April 24 set as the record date. The move covers 2.23% equity and excludes promoters. Shares rose 2% following the announcement, reflecting positive investor sentiment toward the capital return plan.Read More
After an 18-month consolidation and a 16% correction, ICICI Securities says Nifty 50 may have formed a durable bottom, supported by historical patterns and strong technical levels. The brokerage expects potential upside ahead and highlights banks, energy names and select midcaps as likely outperformers in the next market upcycle.Read More
Base metals like aluminium and copper present significant opportunities, according to CLSA India’s Indrajit Agarwal. Steel faces near-term downside risks. Aluminium prices are expected to rise due to supply disruptions and increasing demand. Cement sector anticipates earnings pressure now, with recovery expected later in the fiscal year. Indian producers have a cost advantage in non-ferrous...Read More
Wipro announced a Rs 15,000 crore share buyback at Rs 250 per share, its first in nearly three years. The IT major plans to repurchase up to 60 crore shares, representing 5.7% of its paid-up capital. Promoters have indicated their intention to participate in this tender route buyback.Read More
Alt Capital has launched AltCap Yield Fund III to tap opportunities in commercial real estate, targeting Rs 1,000 crore with a green shoe option. The fund will focus on pre-leased Grade A assets, aiming for stable income and 16–18% IRR, backed by strong demand and the firm’s proven investment track record.Read More
Indian banks have reportedly halted gold and silver import orders, causing jewellery stocks like Kalyan Jewellers and Titan to fall. MMTC, however, surged on market rumors of being permitted to import gold. This situation has led to significant amounts of precious metals stuck at customs, awaiting a formal government order, potentially impacting supply ahead of...Read More
South Korean stocks ended lower Friday but secured a second weekly gain. Hopes for a U.S.-Iran ceasefire boosted sentiment. The Korean won weakened against the dollar. Bond yields saw an increase. Foreign investors were net sellers of shares. The KOSPI index experienced a slight dip. This market movement reflects ongoing geopolitical and economic factors.Read More
Japan’s Nikkei share index saw a dip on Friday, pulling back from its record peak. Investors took profits in technology stocks, especially chip-related companies, following rapid gains. This cautious move came after US markets reached new highs. Tokyo Electron and SoftBank Group were among the decliners. The broader Topix also experienced a fall.Read More
Foreign investors face higher costs and complexity hedging against rupee swings due to India’s forex rules. This, coupled with war-related earnings concerns, is impacting Indian bonds and equities. Overseas investors have sold Indian government debt and shares. Lingering currency stability worries and high oil prices are dampening sentiment.Read More
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