Shares of Angel One rose after the brokerage reported strong growth in key metrics. Its client base increased 20.8% YoY to 36.93 million, while gross client additions rose 17.8%. The average client funding book jumped 46.4% and total orders surged 45.1% YoY, indicating stronger trading activity.Read More
Global markets saw a sharp pullback in emerging assets due to Middle East conflict. Currencies, equities, and bonds faced steep losses. However, some investors believe the rally could resume. Strong economic fundamentals and stable geopolitical tensions are key. South Korea’s KOSPI index saw a dramatic fall but rebounded. Emerging economies show structural strength, offering resilience.Read More
Amidst global market volatility driven by geopolitical tensions and rising commodity prices, veteran analyst Ambareesh Baliga is actively advising investors to buy, believing the Indian economy is well-positioned. He highlights opportunities in sectors like auto, metals, pharma, and IT, with specific stock recommendations, while cautioning against defence stocks for now.Read More
The rupee strengthened by 2 paise to 91.62 against the US dollar on Friday, buoyed by a 30-day US waiver allowing Indian refiners to purchase Russian oil. This move eased global energy flow concerns amid the West Asian conflict. However, negative domestic equity markets and foreign fund outflows limited further gains for the Indian currency.Read More
Chicago Fed President Austan Goolsbee stressed that central bank independence is vital for controlling inflation and maintaining economic stability. Speaking in New York, he said monetary policy free from political pressure helps preserve confidence in economic institutions, even as global debates intensify over the role, credibility and accountability of central banks.Read More
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