Ace investor Ashish Kacholia exited BEW Engineering entirely through a bulk deal, amid prolonged stock underperformance and declining prices, raising concerns about the company’s near-term outlook despite its niche presence in pharmaceutical equipment manufacturing and past listing gains.Read More
Nifty rose sharply for a third session, driven by auto, IT and consumer stocks. Technical indicators signal bullish momentum, with analysts projecting upside towards 24,250 and support at 23,500, alongside breakout patterns strengthening sentiment.Read More
Investors await Powell’s signals as the Federal Reserve weighs rates steady amid US-Israeli strikes on Iran, balancing persistent inflation against slowing growth risks, with new projections and policy language expected to reflect geopolitical uncertainty, labor market shifts, and rate cuts.Read More
Wall Street’s main indexes opened lower on Wednesday after data showed producer prices rose more than expected in February, prompting investors to price out any expectations for an interest rate cut by the Federal Reserve this year.Read More
Macy’s said it was taking a “prudent approach” to its outlook, as it forecast a fall in annual revenue and profit, citing macroeconomic and geopolitical risks that could affect consumer spending.Read More
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