Kotak Institutional Equities says any election-driven market rally may be short-lived, as rising oil prices and a widening deficit pose bigger risks. While positive poll outcomes could lift sentiment briefly, escalating geopolitical tensions and surging crude are likely to shift focus back to macroeconomic pressures.Read More
Ola Electric shares have surged over 60% from recent lows, supported by a 20% month-on-month rise in April registrations. Despite a broader industry decline, the company posted growth, boosting sentiment. Analysts remain cautious, citing slow EV adoption and execution risks, while maintaining a positive near-term outlook.Read More
Australian shares rose for the first time this week on Friday, with miners leading a broad-based rebound, as an overnight pullback in oil prices encouraged investors to cautiously rebuild positions.Read More
Japan’s Nikkei share average edged higher on Friday, helped by gains in a small group of technology stocks, while the yen’s rally helped government bond prices rebound.Read More
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