Global challenges are impacting Indian stocks. West Asian tensions and rising US inflation create headwinds. Tech sector shifts also affect markets. Kotak AMC’s Chief Investment Officer advises caution. Pharma and healthcare offer a defensive haven. Metals require trimming positions. IT services face structural slowdowns. Foreign investor flows remain a key watchpoint.Read More

Vodafone Idea shares climbed after shareholders approved a Rs 4,730 crore investment from the Aditya Birla Group, signalling renewed promoter confidence. With funding support, easing AGR pressure and improved ratings, investor focus now shifts to execution, network expansion and the company’s long-term turnaround prospects.Read More

Sandeep Yadav of DSP Mutual Fund believes the RBI’s rate-cut cycle may be nearing its end as inflation risks remain elevated. He expects India’s inclusion in global bond indices to attract over $25 billion in debt inflows over time, while cautioning that such flows may offer only temporary support to the rupee.Read More

Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential peace deal between the US and Iran. Oil prices declined and the Indian Rupee strengthened, boosting overall market sentiment. Several major bank stocks experienced gains, indicating renewed investor confidence in the...Read More

Indian equity markets are in a corrective phase. Technical analyst Dharmesh Shah identifies a potential turning point. He highlights critical resistance for Nifty at 23,350 to 23,400. A breakout above this level could lead to a rally towards 23,800. Bank Nifty shows strength with a target of 56,500. Federal Bank is a top stock pick...Read More

Manish Banthia, CIO-Fixed Income at ICICI Prudential AMC, who correctly predicted the gold rally in 2023, now sees little value in adding fresh exposure to bullion. He prefers a balanced allocation between equities and debt, citing attractive valuations in India and other emerging markets over gold.Read More

SpaceX’s IPO has been priced at $135 per share, valuing the company at around $1.8 trillion and adding an estimated $188 billion to Elon Musk’s wealth. With most of his fortune tied to SpaceX, Musk’s net worth has climbed to nearly $1 trillion and is projected to surpass $1.1 trillion once the stock begins trading,...Read More

SpaceX stock debut is anticipated to be a blockbuster event. Shadow markets suggest a significant price jump of over 35%. This strong debut could set a precedent for future mega-IPOs. Investor appetite for AI and space infrastructure assets is high. A successful launch may impact other major tech stocks and benefit related companies.Read More

SpaceX secured $2.2 billion from Japanese investors in its record-breaking global IPO, reserving 3% of its Class A shares for the offering. This marked Japan’s largest first-time share sale since JX Advanced Metals Corp.’s IPO last year. The company aimed for $2 billion to $2.5 billion from Japanese investors, with Mizuho Financial Group leading the...Read More

Indian government bonds rallied early Friday as oil prices plunged, with Brent crude futures easing nearly 2% to $88.66 per barrel. This decline, driven by hopes of a U.S.-Iran peace deal, boosted demand ahead of a significant debt auction. The benchmark 10-year U.S. Treasury yield also eased, contributing to the positive sentiment for Indian debt.Read More