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Hong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and strong presence across Asian financial markets. The move reflects Citic’s effort to integrate CLSA more closely into its institutional framework.
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Indian stock markets rallied sharply on Friday, with Sensex and Nifty gaining 2% each, driven by hopes of a US-Iran peace deal and easing crude oil prices. Analysts see potential for further upside in Nifty and Bank Nifty, while Nifty IT faces headwinds. Derivatives data suggests improving market sentiment.
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Ashish Kacholia’s disclosed portfolio value rose 18% to around Rs 3,070 crore in the March 2026 quarter. While over half his holdings declined this year, several stocks delivered strong gains, including three multibaggers. He also added two new stocks.
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Indian stock markets rallied sharply on Friday, with Sensex and Nifty gaining 2% each, driven by hopes of a US-Iran peace deal and easing crude oil prices. Analysts see potential for further upside in Nifty and Bank Nifty, while Nifty IT faces headwinds. Derivatives data suggests improving market sentiment.
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Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks came after the company’s debut propelled Elon Musk to trillionaire status and lifted SpaceX into the world’s corporate elite.
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