HDFC Securities sees opportunity in India’s recovering equity markets. The firm favors power and energy sectors, citing infrastructure growth. Financials, including banks and NBFCs, are also preferred. However, the IT sector faces an underweight stance due to uncertain earnings. Sun Pharma’s growth strategy and Varun Beverages’ expansion are noted positively.Read More

Bajaj Housing Finance announced a 14 percent profit increase for the January-March quarter. The company’s asset quality remained strong. Loan assets and disbursements saw significant growth. Brokerages highlighted positive management commentary and a strong growth outlook. Competition from banks in the home loan segment is anticipated. The stock has shown recovery after a recent dip.Read More

Investors are betting heavily against American life insurance companies. This surge in short selling reflects growing worries about the sector’s significant investments in private credit. These less transparent lending markets are raising concerns about potential risks. The insurance industry has doubled its private credit holdings over a decade.Read More

Japan’s central bank maintained its benchmark interest rate at 0.75%, a decision met with internal dissent from three board members who pushed for a hike. Concerns over escalating inflation, fueled by rising oil prices and global disruptions, are growing. Despite a projected economic slowdown, policymakers are carefully balancing growth support against persistent price pressures, hinting...Read More

Broader markets are experiencing a significant rally in April, with smallcap stocks outperforming benchmarks. Several smallcap companies, including Ola Electric, Gallantt Ispat, and Welspun Corp, have seen substantial gains of up to 57% this month, recovering from the March selloff.Read More

PSU bank stocks fell up to 3% on Tuesday after RBI confirmed the rollout of the Expected Credit Loss (ECL) framework from April 2027, triggering concerns over higher provisioning and capital impact. Brokerages warn of a potential 5–10% hit to net worth, though phased implementation may soften the immediate blow.Read More

The Senate Banking Committee is scheduled to vote on Kevin Warsh’s nomination to lead the Federal Reserve, a key procedural step expected to advance his candidacy to the full Senate. This move comes as the Fed concludes a policy meeting, potentially positioning Warsh to take over by May 15.Read More

The Iran war’s economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal strain are evident globally. While some commodity exporters see gains, many developing nations face currency depreciation and increased borrowing costs, demanding significant financial aid.Read More

Adani Total Gas shares saw a significant jump following strong financial results. The company reported a 9% rise in net profit for the January-March quarter of FY26. Revenue also grew by 17% year-on-year. This positive performance, driven by higher volumes, led to an 8% surge in the company’s stock price. Adani Total Gas also announced...Read More

The Bank of Japan maintained its current interest rate, but a significant minority on its board pushed for a hike, highlighting worries about inflation fueled by Middle East tensions. This move, while expected, signals growing unease within the central bank regarding rising price pressures. Governor Ueda is set to address the media soon.Read More