As of 12:15 AM IST, Bitcoin rose 1% to $83,174, while Ethereum gained nearly 2%, reaching $1,935. The global crypto market cap increased by 0.79%, reaching $2.72 trillion in the past 24 hours.Read More
Steel industry shares reflect anticipated price hikes and valuation improvements due to the imposition of a 12% safeguard duty, which may lead prices to rise by Rs 1000 to Rs 2000 per tonne. Continuous monitoring is required due to geopolitical and macroeconomic uncertainties, especially from China.Read More
The defense sector has experienced a notable rebound in the last month, rising by 14%, and is expected to emerge as the top-performing sector by the end of the financial year.Read More
Shares of MobiKwik’s parent company, One Mobikwik Systems, surged by 19% on March 19 after a 20% rally the previous day, recovering from a 52-week low earlier in the week. Despite the rebound, the stock remains significantly below its all-time high and faces persistent selling pressure.Read More
Tata Steel shares surged 3% to Rs 159.25 amid a sector-wide rally after the DGTR proposed a 12% safeguard duty on certain steel imports. Emkay Global sees the stock at an “inflection point,” citing volume growth, a potential European turnaround, and attractive valuations. The brokerage retained a ‘Buy’ rating, expecting a 7-8% CAGR in steel demand.Read More
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