Shares of microfinance-linked lenders fell sharply after Bihar passed a bill tightening regulations on MFIs. While the move may have limited immediate financial impact, analysts warn of slower credit growth, rising compliance costs, and potential asset quality stress, especially if similar measures are adopted across other states.Read More
Block Inc. is reducing its workforce by 4,000 employees. CEO Jack Dorsey believes artificial intelligence tools will enable a smaller team to perform better. This strategic move aims to make Block a more valuable, intelligence-native company. The company’s financial fundamentals remain strong, with gross profit and customer base expanding. This decision is proactive, anticipating broader...Read More
Market expert Nischal Maheshwari advocates a selective, valuation-conscious strategy across sectors like microfinance, banks, metals, autos, power, and defence. He highlights opportunities in PSU lenders and commercial vehicles, while cautioning on metals and defence stocks due to current valuations and volatility. Maheshwari also notes structural demand in data centres and a positive outlook for autos.Read More
Indian real estate stocks have fallen up to 20% so far this year as investors worry that AI-led disruption in the IT sector could slow hiring and weaken housing demand in tech hubs such as Bengaluru. Experts say the AI narrative has become a key near-term overhang for the sector, prompting caution and raising the...Read More
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
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