Manappuram Finance shares dipped despite a strong Q4 FY26 profit, driven by a surge in gold loans. While brokerages like Jefferies turned bullish, upgrading to ‘Buy’ with a higher target, others like Morgan Stanley maintained caution. The company announced an interim dividend alongside its results, with the gold loan segment significantly boosting revenue.Read More
Asian economies are scrambling to manage an energy shock caused by the Iran war, with soaring oil prices and supply disruptions hitting the region hard. Governments are deploying subsidies, tapping reserves, and imposing controls, but at rising fiscal costs. Growth forecasts have been cut while inflation expectations have increased, reflecting higher energy prices.Read More
U.S. transportation stocks plummeted Monday as Amazon expanded its logistics services, intensifying competition across parcel delivery, air freight, and trucking. Major players like FedEx and UPS saw significant declines, reflecting investor concerns about Amazon’s growing disruption of the traditional transportation ecosystem. The selloff occurred as the sector was nearing record highs, making it vulnerable to such a correction.Read More
Shares of Tata Technologies surged up to 7.5% after the company reported an 8% year-on-year rise in the March quarter net profit to Rs 204 crore. The earnings growth, though modest, supported investor sentiment, driving buying interest in the stock during Tuesday’s trading session on the BSE.Read More
Indian stock markets are currently in a complex tug of war. Foreign investors remain cautious due to global inflation concerns. Domestic investors are selectively investing. Infrastructure is identified as a strong medium-term investment theme driven by government spending and private sector growth. While recent political wins offer policy continuity, they are not immediate market movers.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.