JM Financial has initiated coverage on newly listed Urban Company and PhysicsWallah with Buy ratings, highlighting strong growth prospects and scalable models. The brokerage sees a 16% upside for Urban Company with a Rs 125 target, while PhysicsWallah’s Rs 110 target implies a 23.5% upside, supported by digital strength and expansion plans.Read More

March has historically favored bulls, with the Nifty closing higher in eight of the past 10 years. This trend has largely been driven by strong FII participation, who were net buyers 70% of the time, supported by DIIs who bought in seven of the last 10 years.Read More

Shares of Tejas Networks rose sharply on Friday, extending their rise to Day 2 after the company announced a partnership with NEC Corporation to supply 5G Massive MIMO radios. The agreement strengthens Tejas’ global telecom presence and supports broader expansion in next-generation wireless networks.Read More

US 30-year fixed mortgage rates dipped below 6% for the first time in 3.5 years, reaching 5.98%. This decline, linked to Treasury yield drops, is seen as temporary by economists. While a psychological boost, it’s unlikely to significantly revive housing demand without increased supply, as many homeowners remain ‘rate-locked’ with lower existing mortgages.Read More

Japan’s government bond yields declined on Friday. Investors bought bonds to align portfolios with market indexes. This demand increased as large volumes of Japanese government bonds mature soon. Tokyo price data showed inflation slowed, falling below the Bank of Japan’s target. This development was anticipated by the market.Read More

Indian government bonds experienced a dip as traders prepared for substantial auctions totaling 750 billion rupees. This heavy supply is bringing demand-supply dynamics to the forefront. Investors are also awaiting crucial economic growth data for October-December, with predictions pointing to a 7.2% expansion. The benchmark bond yield saw a slight increase.Read More

The average rate on a 30-year fixed mortgage in the US has fallen below 6% for the first time since September 2022, offering a psychological lift to the housing market. Data from Freddie Mac showed the rate easing to 5.98% this week from 6.01% last week and 6.76% a year ago.Read More

Indian markets are seeing sector rotations. Jitendra Gohil of Bajaj Alternate Asset Management says investors should be selective. Strong company finances may lead to lower profits ahead. Foreign investors are focused on AI globally. PSU stocks, especially banks, remain attractive. Power and data centres are also promising. Avoid lower-end consumption and overpriced paint and cement...Read More

The rupee depreciated by 4 paise to 90.95 against the US dollar in early trade on Friday, primarily due to Foreign Institutional Investor (FII) outflows and a decline in domestic equity markets. However, a weaker dollar and falling global crude oil prices provided some support, preventing a steeper fall in the local currency.Read More

Asian markets capped a stellar February, with the MSCI Asia Pacific Index hitting its strongest February since 1998. South Korea led a powerful AI-driven rally, while global funds boosted emerging-market exposure. Momentum may carry into March, though profit-taking, US inflation data and geopolitical risks could temper sentiment.Read More