Global challenges are impacting Indian stocks. West Asian tensions and rising US inflation create headwinds. Tech sector shifts also affect markets. Kotak AMC’s Chief Investment Officer advises caution. Pharma and healthcare offer a defensive haven. Metals require trimming positions. IT services face structural slowdowns. Foreign investor flows remain a key watchpoint.Read More

Japanese stocks surged on Friday, with the Nikkei index climbing close to 3 percent. Investors reacted positively to news of a potential peace deal between the United States and Iran. Chip-related companies saw significant gains. Banks also advanced ahead of a Bank of Japan policy meeting. The market experienced volatility throughout the week.Read More

Shares of HFCL and Sterlite Technologies surged up to 5% on Friday, recovering from a two-day decline. This rebound follows a global tech stock recovery and is driven by India’s booming data center industry, fueled by digitalization and AI demand. Both companies, key players in optical fiber cable manufacturing, are poised for further growth, with...Read More

Indian equity markets are in a corrective phase. Technical analyst Dharmesh Shah identifies a potential turning point. He highlights critical resistance for Nifty at 23,350 to 23,400. A breakout above this level could lead to a rally towards 23,800. Bank Nifty shows strength with a target of 56,500. Federal Bank is a top stock pick...Read More

Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential peace deal between the US and Iran. Oil prices declined and the Indian Rupee strengthened, boosting overall market sentiment. Several major bank stocks experienced gains, indicating renewed investor confidence in the...Read More

Indian government bonds rallied early Friday as oil prices plunged, with Brent crude futures easing nearly 2% to $88.66 per barrel. This decline, driven by hopes of a U.S.-Iran peace deal, boosted demand ahead of a significant debt auction. The benchmark 10-year U.S. Treasury yield also eased, contributing to the positive sentiment for Indian debt.Read More

SpaceX secured $2.2 billion from Japanese investors in its record-breaking global IPO, reserving 3% of its Class A shares for the offering. This marked Japan’s largest first-time share sale since JX Advanced Metals Corp.’s IPO last year. The company aimed for $2 billion to $2.5 billion from Japanese investors, with Mizuho Financial Group leading the...Read More

SpaceX stock debut is anticipated to be a blockbuster event. Shadow markets suggest a significant price jump of over 35%. This strong debut could set a precedent for future mega-IPOs. Investor appetite for AI and space infrastructure assets is high. A successful launch may impact other major tech stocks and benefit related companies.Read More

SpaceX’s IPO has been priced at $135 per share, valuing the company at around $1.8 trillion and adding an estimated $188 billion to Elon Musk’s wealth. With most of his fortune tied to SpaceX, Musk’s net worth has climbed to nearly $1 trillion and is projected to surpass $1.1 trillion once the stock begins trading,...Read More

Manish Banthia, CIO-Fixed Income at ICICI Prudential AMC, who correctly predicted the gold rally in 2023, now sees little value in adding fresh exposure to bullion. He prefers a balanced allocation between equities and debt, citing attractive valuations in India and other emerging markets over gold.Read More