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MobiKwik Systems shares surged on Tuesday. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. This allows the launch of a new lending arm, MobiKwik Financial Services Private Limited. The company plans to expand regulated lending and introduce innovative credit products. This move strengthens its fintech platform strategy.
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Nippon Life India Asset Management shares jumped over 6% following strong Q4 FY26 earnings, with net profit soaring 29% year-on-year. The company also declared a final dividend of Rs 12.50 per share. Robust SIP inflows and AUM growth contributed to the positive outlook, with the stock showing bullish technical indicators.
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Suzlon Energy shares have surged over 51% in recent weeks. This rally follows a sharp downturn in March. Analysts point to rising temperatures boosting power demand as a key driver. Technical indicators show strong momentum, though some suggest potential for near-term profit booking. Investors are watching key support and resistance levels. Foreign and retail investor interest has also increased.
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Ray Dalio warns of a shifting global order marked by rising geopolitical tensions, high debt, and stagflation risks, urging investors to diversify portfolios, hedge with gold, and prepare for long-term structural economic change.
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