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Dabur India shares are set to be in focus after the US FDA issued an import alert on drugs manufactured at its Silvassa plant, citing data integrity lapses. The company said the impact is limited to a small portion of operations, while broader business and domestic sales remain unaffected.
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Hexagon Nutrition’s IPO is set for market debut with a modest 6% grey market premium, indicating a listing around Rs 48. The Rs 138.9 crore offer for sale saw robust investor demand, subscribed 53.68 times overall. The research-driven nutrition company, with global reach, aims for a measured stock market entry.
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Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOCL, and BPCL shares gained significantly on Friday. Experts, however, caution that full oil market normalization could take years even if a deal is reached.
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Gold and silver prices extended gains for a second straight session on MCX on Friday, with silver rising 2% and gold gaining Rs 649, as falling crude prices and hopes of a US-Iran peace deal lifted sentiment. Silver has climbed 4% in two days. President Donald Trump said a deal with Iran could be reached...
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At a time when concerns about inequality ​are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a loyal following despite his stratospheric net worth and without the ​folksy persona that endeared other tycoons such as Warren Buffett to the masses.
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South Korean stocks surged on Friday, with the KOSPI jumping as much as 8.5%, driven by optimism that Middle East tensions could ease after U.S. President Donald Trump signaled a possible Iran deal this weekend. The rally helped the index end a volatile week up 3.2%, recovering from the previous week’s 3.7% decline triggered by...
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Asian investors, largely excluded from SpaceX’s massive IPO, are creatively seeking exposure through supply chain companies, industry ETFs, and Nasdaq 100 tracking funds. Perpetual futures and derivatives also offer speculative avenues, reflecting intense interest in the space giant’s market debut.
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Investors in gold and silver might be in for a rocky ride ahead. Experts caution that the meteoric rise seen last year is unlikely to repeat itself, with potential declines on the horizon. Escalating oil prices coupled with inflation worries make the prospect of interest rate cuts from the US Federal Reserve seem distant.
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