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Despite steep 2025 declines, 10 midcap stocks, including Kalyan Jewellers, Brainbees, and Vedant Fashions, show strong recovery poten
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Wipro CEO Srini Pallia says demand remains strong across BFSI, healthcare, and technology as the company closes $9.5 billion in bookings for H1 FY25. CFO Aparna Iyer attributes margin dip to a one-off client provision while maintaining a stable outlook. Wipro’s pipeline, led by AI and automation projects, positions it for gradual growth in FY26.
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Whirlpool of India shares rose sharply on Friday after the company announced signing key brand, technology, and service agreements with Whirlpool Corporation and affiliates. The deals aim to strengthen long-term growth, innovation, and exclusive brand rights, ensuring smooth operations and continued support from its parent company.
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As Diwali approaches, markets have seen a strong rally led by large-cap banking and consumer stocks. Neeraj Dewan anticipates corporate earnings will drive future momentum, with consumer-facing sectors, financials like Jio Financial, and real estate stocks such as DLF and Max Real Estate showing promise for investors.
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European shares tumbled on Friday, on course for their biggest drop in six weeks, as renewed concerns about the health of U.S. regional banks hurt lenders globally.
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In an exciting development, Nitesh Kumar takes the helm as Co-Chairman of the Merchant’s Chamber of Commerce & Industry’s infrastructure and real estate council for the upcoming 2025-26 term. This role is a testament to his invaluable contributions to the real estate sector.
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Elara Capital sees a potential FII turnaround in Indian equities, driven by under-ownership, narrowing valuation premiums, mid-cap resilience, GST cuts, and strong macro conditions, supporting gradual reallocation and domestic leadership.
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Market strategist Cameron Brandt notes global markets are resilient despite geopolitical concerns, with investor behavior driven by fear of missing out rather than macro risks. While US bond yields are pulling back, Brandt doesn’t foresee a recession, and India’s investment outlook remains positive despite a temporary pause in flows.
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Gold surged past the $4,300 mark on COMEX, marking its strongest week in five years and over 50% YTD gains. Analysts attribute the record rally to central bank buying, a weaker dollar, and rate-cut hopes, with prices seen sustaining near $4,500 globally and Rs 1.35 lakh domestically.
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