Reliance Industries shares fell over 1% after reporting a 13% YoY drop in Q4 profit despite strong revenue growth. Brokerages remain largely positive, citing recovery potential in O2C, steady retail and digital growth, and improving margins, although near-term pressures persist across segments including energy and petrochemicals.Read More
Global markets brace for a crucial week. Geopolitical tensions involving Iran and the Strait of Hormuz are a major focus. Shifting interest rate expectations from the US Federal Reserve and European central banks add to uncertainty. Big Tech earnings, especially those related to artificial intelligence, will also shape investor sentiment. This convergence of factors promises significant market movement.Read More
Japanese companies enter earnings season on a strong footing, but Middle East tensions pose risks to growth, inflation, and energy costs. While tech optimism and reforms support equities, caution is rising. Despite resilience in earnings expectations, external uncertainties may slow momentum in what has been a strong market rally.Read More
Senator Thom Tillis has cleared the path for Kevin Warsh’s confirmation as Federal Reserve chair. This follows the Department of Justice’s decision to end its probe into current Chair Jerome Powell. Warsh’s nomination now moves forward, aiming for Senate approval before Powell’s term ends. This development resolves months of uncertainty surrounding the crucial leadership role at the central bank.Read More
IndusInd Bank shares surged following Q4 results that indicated a potential turnaround, with profit jumping 331% sequentially and asset quality showing signs of stabilization. Several brokerages raised their target prices, citing improved profitability and a strong recovery path, though some remain cautious about the pace of re-rating.Read More
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