Silver prices plunged Rs 2,577 to Rs 2.38 lakh per kilogram in the national capital on Friday, tracking weak trends and subdued demand by investors.Read More

India faces severe economic challenges from the West Asia conflict. Disruptions affect oil, gas, and supply chains. Actual shortages are occurring, not just price hikes. Fertiliser shortages pose a future risk to agriculture and food inflation. India’s growth is projected at 6.5%, aided by reduced US tariffs. The nation’s focus on solar energy offers a...Read More

SBI Funds Management Ltd. is preparing to launch its initial public offering as early as next week, aiming to raise up to $1.5 billion. The Indian asset manager plans to allocate roughly three-quarters of the issue to domestic investors and is exploring a pre-IPO placement of up to $350 million.Read More

Digital Realty Trust raised its annual funds from ​operations and revenue ​forecasts on Thursday, signaling strong demand for data ​center services driven by the boom in artificial intelligence.Read More

Valuation expert Aswath Damodaran believes SpaceX could achieve the most valuable IPO ever, potentially reaching trillion-dollar status. He highlights the company’s real futuristic offerings, Elon Musk’s compelling narrative-spinning abilities, and its impressive growth despite financial uncertainties. However, Damodaran warns investors about SpaceX’s “shape-shifting” nature, which may frustrate those seeking predictable corporate paths.Read More

The Indian rupee has reached its lowest valuation in over a decade against major currencies. This decline is driven by rising crude oil prices and significant foreign investment outflows. Analysts suggest the rupee is undervalued, presenting an attractive entry point for long-term investors. However, near-term recovery prospects remain limited due to import demand and risk...Read More

Lux Industries’ shares dropped over 7% following board approval for a business demerger. The move, stemming from a family settlement agreement among promoters, will split the company into three verticals, with two expected to be listed separately. The Todi family’s management control will be realigned across these entities.Read More

Japan’s Nikkei index achieved a record closing high, marking its third consecutive weekly ascent. Strong technology sector earnings, particularly from AI-related firms like Ibiden, fueled the rally, overshadowing Middle East peace deal uncertainties. The benchmark briefly surpassed the 60,000 mark, reflecting renewed investor confidence.Read More

India’s top IT firms reported mixed earnings, grappling with near-term pressures and AI-driven structural shifts, leading to subdued growth forecasts. While IT valuations have become more reasonable, market expert Sandip Sabharwal advises caution due to these structural issues. Financials and metals, however, show resilience and potential upside.Read More

India’s stock markets are reacting to West Asia news. Sanjeev Prasad of Kotak Institutional Equities warns of significant economic impacts. Two scenarios are presented: a ‘bad’ outcome with lingering pain and an ‘ugly’ outcome if conflict persists. Nifty 50 earnings may show resilience due to insulated sectors. However, prolonged conflict will impact economically sensitive companies.Read More