Websol Energy shares surged nearly 27% in three sessions amid strong buying interest, driven by Vijay Kedia’s stake acquisition and expectations of a dividend. Promoter buying and improving sentiment further supported the rally, while the upcoming board meeting for Q4 results and dividend decision remains a key trigger.Read More
IDFC First Bank is likely to report a weak Q4FY26 with PAT expected to decline sharply due to a deposit fraud impact, despite steady loan growth and stable margins. Brokerages see NII growth remaining healthy, while asset quality, deposit traction and credit costs will be key factors to watch.Read More
Intel forecast stronger-than-expected Q2 revenue of $13.8–$14.8 billion, driven by robust demand for AI-focused server chips, with earnings guidance also beating estimates. The upbeat outlook sent shares soaring 19% in extended trading, adding about $64 billion in market value. Under CEO Lip-Bu Tan, the company is pursuing a turnaround strategy involving cost cuts, asset sales, and strategic partnerships.Read More
Indian markets present attractive long-term investment opportunities following recent corrections, according to Nitin Raheja of Julius Baer. He advises staggered investing, highlighting power and energy, PSU banks, insurance, and defence as key sectors. While near-term volatility persists, Raheja believes the earnings outlook remains robust, with potential for a shift into the next financial year.Read More
US mortgage rates fell for a third straight week, with the 30-year fixed rate easing to 6.23%, its lowest since mid-March. Declining Treasury yields supported the trend, though volatility from inflation and geopolitical risks persists. Despite easing borrowing costs, housing activity remains subdued amid affordability and demand pressures.Read More
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