Investors are keenly watching TCS’s earnings announcement following a significant IT stock plunge. Analysts anticipate moderate revenue and profit growth, with BFSI and technology verticals driving performance. Deal wins are expected to remain robust, while margins are projected to be stable, with a focus on AI investments and employee restructuring.Read More

ITC Hotels shares are under scrutiny after GQG Partners sold a partial stake worth Rs 197 crore. Despite a 22% dip this year, driven by geopolitical tensions, the company’s core hotel business shows growth in occupancy and pricing. Brokerages remain bullish, anticipating expansion and real estate revenue boosts, suggesting the recent stock fall is an...Read More

Om Power Transmission’s Rs 150 crore IPO opened for subscription with a flat grey market premium, indicating cautious investor sentiment. The company, an EPC player in power transmission infrastructure, aims to use the proceeds for business expansion and balance sheet strengthening. Despite steady fundamentals and a strong order book, the IPO faces a subdued market...Read More

Bullish momentum strengthens as 10 stocks break above their 200-day moving averages, signaling potential uptrend and renewed investor confidence.Read More

Oil prices rebounded Thursday after a significant drop, as uncertainty surrounding the Middle East ceasefire and Strait of Hormuz restrictions persisted. Despite hopes for de-escalation, ongoing regional tensions and attacks on oil infrastructure are expected to keep prices elevated and markets volatile.Read More

Post ContentRead More

Oil prices surged on Thursday. Investors worry about Middle East supply not fully resuming. Doubts linger about a U.S.-Iran ceasefire holding. The vital Strait of Hormuz remains restricted. Brent crude and WTI crude futures saw significant increases. This follows a previous session’s decline on ceasefire hopes. Shippers await clarity before resuming transit. Regional oil facilities...Read More

The dollar steadied on Thursday after earlier declines. Investors are closely watching a fragile ceasefire between the United States and Iran. The euro and yen weakened against the dollar. The Strait of Hormuz remains restricted. Any ceasefire breakdown could impact oil prices and strengthen the dollar. US data releases are also anticipated.Read More

Gold prices remained stable as investors awaited crucial U.S. inflation data and clarity on Iran ceasefire talks. Escalating regional tensions, despite a U.S. ceasefire announcement, have fueled inflation concerns and impacted rate-cut expectations. Analysts anticipate gold to rebound amid ongoing geopolitical risks, while other precious metals saw mixed movements.Read More

Global markets rallied sharply as a two-week ceasefire between the United States and Iran was announced. This agreement eased fears of oil supply disruptions and rising inflation. Major U.S. stock indexes saw significant gains, with economically sensitive sectors leading the advance. European shares and the world index also experienced substantial increases, marking their biggest one-day...Read More