SpaceX is reportedly preparing to file for an initial public offering in June, aiming to raise an estimated $75 billion. This move, which follows a recent valuation of $1.25 trillion after merging with xAI, could significantly surpass previous record-breaking IPOs. The company’s public debut is expected to bring increased transparency and pressure for profitability.Read More
On March 24, the closing prices of five stocks in the Nifty500 pack rallied over 2% relative to their VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com’s technical scan data.Read More
Japanese government bonds saw gains for a second day. This rise followed indications of a potential Middle East crisis resolution. Lower oil prices eased inflation worries. This development impacts Japan’s economy, which relies heavily on imported energy. The Bank of Japan’s policy meeting minutes were also released. Policymakers noted the need for interest rate increases.Read More
Geopolitical tensions and market corrections are testing investor confidence, but history shows markets rebound strongly. Avinash Satwalekar of Franklin Templeton advises against panic selling, emphasizing disciplined asset allocation and using market weakness for long-term opportunities. India’s economic fundamentals remain robust, with GDP growth expected to exceed 7%.Read More
George Joseph of ASK Investment Managers sees a prime opportunity in Indian equities, urging aggressive deployment of funds. He highlights significant market corrections, particularly in construction, real estate, and large private banks, presenting attractive valuations. Joseph also dismisses fears of an AI-driven collapse in the IT sector, believing it will expand opportunities.Read More
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