CLSA has reiterated its “Outperform” rating on HDFC Bank, setting a target price of ₹1,200 and implying over 27% upside from current levels despite recent stock weakness. The brokerage views concerns over deposit growth and margins as temporary and expects FY27 to be a bounce-back year.Read More
Bitcoin retreated toward $90,000 after failing to sustain levels above $92,000 following Donald Trump’s announcement of a 25% tariff on countries trading with Iran. Geopolitical concerns, safe-haven rallies in gold and silver, and over $650 million in ETF outflows weighed on sentiment, keeping BTC and ETH locked in a tight range.Read More
Ixigo shares saw a significant jump after a brokerage upgrade. Analysts believe the stock is undervalued following a recent correction. Strong long-term growth drivers in India’s travel sector are expected to benefit Ixigo. The company’s expansion in hotels is also seen as a positive. Future growth rates are anticipated to normalize after a high base...Read More
Renowned investor Robert Kiyosaki cautions silver enthusiasts, suggesting the metal might be nearing a short-term peak. He anticipates a significant dip before any further price surge, advising patience. Kiyosaki, who has held silver since 1965, plans to continue buying up to $100, viewing current retail selling as potentially market-damaging.Read More
Balu Forge Industries shares surged up to 13% intraday after the company clarified that a recent Income Tax Department search concluded without finding any incriminating documents or unaccounted assets. The company confirmed no impact on business operations, providing relief to investors, including ace investor Ashish Kacholia.Read More
TCS management says client demand is improving gradually, with spending focused on projects delivering clear ROI. AI-led deals are accelerating across sectors, with most large clients already engaged. The company expects momentum to sustain into Q4, says margins will be protected through delivery efficiency, and remains cautiously optimistic on FY26 revenue growth.Read More
As SEBI moves closer to approving the long-awaited NSE IPO, analysts believe the listing could act as a key re-rating trigger for BSE by improving peer benchmarking, visibility, and investor interest, potentially narrowing the valuation gap between the two exchanges.Read More
Federal Reserve Chair Jerome Powell is now openly confronting President Trump’s criticism. This marks a significant shift as Powell defends the central bank’s independence. Recent actions suggest a growing concern over political pressure. Powell’s stance is seen as crucial for the institution’s autonomy. This period will define his legacy as a central banker.Read More
NLC India’s shares surged following board approvals for its renewable energy arm’s listing and a 36% interim dividend. The company plans to dilute up to 25% equity in NLC India Renewables Limited, aligning with national monetization goals.Read More
Indian government bonds experienced a downturn Tuesday after Bloomberg Index Services postponed their inclusion in a global index, citing an ongoing review. This decision dashed market expectations of significant foreign inflows, impacting bond yields. Meanwhile, state debt auctions and a significant dollar-rupee swap by the RBI are also on the horizon, amidst broader geopolitical concerns.Read More
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