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European markets surged at the open as a US-Iran ceasefire boosted investor confidence, with Germany’s index jumping sharply.
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Ola Electric shares surged after announcing its in-house developed LFP cell is ready. This development is expected to make electric vehicles cheaper and accelerate their adoption. The new cell will be integrated into Ola products starting next quarter. The company’s Gigafactory is also scaling up, with thousands of vehicles already on Indian roads.
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India’s market regulator has extended IPO approval deadlines by six months, safeguarding over 500 billion rupees in potential listings. This move addresses market volatility and investor concerns, impacting around 40 companies.
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Realty firm Arvind SmartSpaces Ltd has partnered with Sigma Oxford Realtors to develop a housing project in Mumbai with an expected revenue of Rs 2,400 crore.
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Amid market jitters, experts advise focusing on robust largecap stocks in infrastructure and banking for better risk-reward. Defence and metals also present tactical chances. While Q1 earnings might show disruptions, the market is looking ahead, with valuations already factoring in negativity. Investors should buy quality stocks gradually for long-term gains.
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