Asian Paints stock dropped after a weak December quarter. Softening demand, extended monsoon, and competition impacted sentiment. The company expects market share gains in waterproofing and home decor. Despite slower decorative volume growth, margins expanded due to lower raw material costs. Brokerages have trimmed earnings estimates. Cost savings and new products will support profitability as...Read More
The Nifty saw a strong recovery on Tuesday, gaining almost 200 points from its low to close at 25,725. Analysts anticipate continued market strength with a positive outlook. India VIX fell, indicating reduced market fear. Foreign investors were net sellers, while domestic investors bought shares. The Rupee strengthened against the US dollar.Read More
Gold and silver prices have seen significant drops, with gold falling nearly 16% and silver by 38%. Despite this, buyers remain cautious, hoping for further price declines, with demand primarily seen for wedding purchases.Read More
The U.S. Federal Reserve could approve “several more” interest rate cuts this year if inflation resumes a decline to the central bank’s 2% target, Chicago Fed President Austan Goolsbee said on Tuesday, downplaying a recent weak consumer price report as masking strong service price increases.Read More
Fewer top corporate executives could be subject to extensive investor disclosures about their compensation under pending regulatory reforms, Wall Street’s top regulator said Tuesday.Read More
Shares in Raspberry Pi rose as much as 42% on Tuesday in a record two-day rally after CEO Eben Upton bought stock in the beaten-down UK computer hardware firm, halting a months-long slide, as chatter grew that its products could benefit from low-cost artificial-intelligence projects.Read More
eToro surpassed fourth-quarter profit expectations, driven by robust capital market activity that boosted trading income. The platform saw a notable shift as crypto-native customers began trading commodities, indicating a convergence of investment strategies. Despite a dip in net contribution, the company’s assets under administration grew significantly.Read More
Indian benchmarks extended gains for a second session, led by IT, consumer and financial stocks. Nifty faced resistance near its 50DMA, while easing volatility supported sentiment. Analysts advise buy-on-dips amid rangebound movement and selective stock activity.Read More
Nifty posts consecutive gains led by IT, consumer, and banking stocks, though resistance near 50DMA may trigger minor pullbacks. Analysts recommend LG Electronics, Bank of India, and MRPL for short-term bullish trades.Read More
Danish brewing giant Carlsberg is considering listing its India business, as it looks to unlock shareholder value in the country where it is witnessing strong growth, said its Group CEO Jacob Aarup-Andersen.Read More
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