OPEC’s tempered approach to output helps control global oil prices. This action provides market stability. Demand estimates remain uncertain, with US inventory builds noted. Price stability is likely for the near to medium term. Indian oil marketing companies benefit. They show solid earnings and stronger balance sheets. Valuations suggest adding positions in these stocks.Read More
Raamdeo Agrawal predicts India will become a $32 trillion economy by 2047, entering a golden era of wealth creation. He stresses discipline and patience for investors, seeing India as a once-in-a-lifetime compounding opportunity driven by GST cuts, credit growth, and strong fundamentals. Banks, NBFCs, and consumer sectors are expected to lead this charge.Read More
Seven IPOs, from SME and mainboard segments, are set to debut amid mixed subscription levels. Grey market trends suggest cautious sentiment, with most listings likely to open around issue prices.Read More
Poonawalla Fincorp shares surged following a strong Q2 FY26 business update. The company reported Assets Under Management of Rs 47,625 crore, up 67.7% YoY and 15.4% QoQ, along with a healthy liquidity of Rs 6,200 crore. Management highlighted a “risk-first” approach, robust risk management, and focus on sustainable long-term growth.Read More
Forex traders said the rupee is trading in a tight range as it remains under pressure due to continued capital outflows and geopolitical developments.Read More
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