Fractal Analytics share price climbed 4% after Goldman Sachs and Morgan Stanley initiated coverage with ‘Neutral’ and ‘Overweight’ ratings, respectively. The brokerages highlighted the company’s strong AI exposure and growth potential, with target prices suggesting significant upside. This positive sentiment follows Fractal’s strong Q3 FY26 results, showcasing robust revenue growth driven by key sectors.Read More
HDFC Bank share price gained 3%, recovering from a sharp decline. The drop followed the resignation of former part-time Chairman Atanu Chakraborty. He cited ethical concerns for his departure. External law firms are now reviewing the situation. Keki Mistry has been appointed interim chairman. The bank confirmed the removal of some employees over alleged mis-selling of bonds.Read More
The US Federal Reserve faces a period of uncertainty. Escalating Middle East tensions are impacting oil prices and the economic forecast. This complicates the Fed’s decisions on interest rates. Policymakers are watching closely. The situation could lead to higher inflation or slower growth. The Fed needs flexibility to respond to these evolving risks.Read More
Around 120 companies have received SEBI’s nod for IPOs, with several popular names like Duroflex, Hero Motors, and Kent R O Systems poised to launch soon. These upcoming public issues, including those from Purple Style Labs and Pride Hotels, aim to raise significant capital for expansion and debt repayment.Read More
Japan’s core inflation dipped below the Bank of Japan’s 2% target in February for the first time in nearly four years. Government subsidies on fuel and utilities significantly offset rising import costs, masking underlying inflationary pressures which remain firm. This divergence presents a communication challenge for the BOJ as it navigates monetary policy.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.