JP Morgan predicts Brent crude could plunge into the $30s by FY27-end as non-OPEC+ supply surges sharply outpace demand. Robust offshore projects, expanding shale output, and a rapid inventory build are expected to deepen the global glut. The bank warns that without supply cuts, surpluses may widen through 2027, pressuring prices despite steady demand growth.Read More
As the Nifty nears record highs, a market shift sees investors moving from mid- and small-cap stocks to safer large-cap names. This narrowing market breadth historically precedes corrections, with stretched valuations offering little cushion for many stocks. Despite near-term valuation hurdles, optimism remains for the food delivery segment’s long-term profitability.Read More
Motilal Oswal initiated coverage on Blue Star with a Neutral rating, expecting up to 10% upside with a ₹1,950 target price. The brokerage highlighted Blue Star’s steady market share gains in room air conditioners—from 7% in FY14 to 14% in FY25—and its aim for 15% by FY27.Read More
Experts warn of a potential AI bubble due to inflated valuations and excessive money pouring into the sector. Gold’s value is expected to rise significantly, driven by central bank purchases as countries build new trade networks. Bitcoin faces a bleak outlook with no intrinsic value. Geopolitical tensions remain high, with little hope for a Russia-Ukraine...Read More
DAMAC, a Dubai realty firm, is expanding its operations in India. The company has opened a Global Capability Center in Noida and plans another in Pune. These centers will handle key business functions and create over 350 jobs. DAMAC aims to leverage India’s talent pool to support its global growth ambitions.Read More
Real estate giant Sobha Ltd has officially entered the Mumbai housing market with its inaugural project, ‘SOBHA Inizio,’ featuring 310 apartments. This development, spanning over an acre, marks a significant expansion for the Bengaluru-based firm. The company recently reported its highest-ever sales bookings and a substantial increase in net profit, underscoring its robust performance.Read More
AWL Agri Business shares fell after the Adani Group fully exited the company through a bulk share sale and sought reclassification as a public shareholder. The firm now has no promoter ownership. Technical indicators reflect a broadly bearish trend, while FIIs have significantly increased their stake, signalling renewed foreign interest.Read More
Bitcoin rebounded from a 7-month low to trade near $88,000, gaining 2% in 24 hours as major altcoins also rallied. Ethereum jumped over 4%, while XRP, BNB, and Cardano rose 9%, 3% and 4%. Solana, Dogecoin and Hyperliquid gained up to 5%. Overall, global crypto market cap inched up 1% to $3 trillion.Read More
Antique Stock Broking has initiated coverage on Adani Ports & SEZ with a Buy rating and a Rs 1,773 target, citing its growing scale, integrated logistics model and strong financials. With rising cargo volumes, expanding infrastructure and improving leverage, the brokerage expects robust revenue, EBITDA and profit growth driven by long-term structural tailwinds.Read More
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