Hindustan Zinc shares surged in four days to Rs 547, driven by soaring silver prices following the US Fed’s rate cuts. As silver more than doubles this year, analysts say the market is still underestimating Hindustan Zinc’s leverage to the metal, which contributes nearly half its EBIT. With strong global positioning, improving margins and rising investor interest, the stock is nearing its 52-week high.Read More
Silver prices paused below the key ₹2 lakh mark as traders booked profits, but analysts say the correction is temporary. With strong global cues, industrial demand and a weak rupee, experts expect silver to resume its upward trend toward ₹2,03,000, keeping the broader bullish outlook intact.Read More
Global stock markets are rising after the US Federal Reserve’s latest policy decision. Investors see the move as less aggressive than expected. This could lead to more interest rate cuts in the future. Emerging markets, including India, may see increased investment. A potential shift towards a more dovish stance by the Fed could boost global equities and non-dollar assets.Read More
ICICI Pru AMC’s IPO opened to strong sentiment, with a steady GMP of Rs 160–165 indicating a potential 7.4% listing gain. The robust premium reflects healthy investor appetite, supported by favourable institutional views and solid fundamentals, including strong profitability metrics, a process-driven investment approach, and a growing alternate assets franchise.Read More
Prudential Corporation Holdings is set to make ₹10,603 crore from the ICICI Prudential AMC IPO, marking an extraordinary 108,170% return on shares bought 20 years ago for ₹2 each. The firm is selling 4.89 crore shares entirely via OFS at ₹2,165 apiece, reducing its stake from 49% by 10%.Read More
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