Markets are showing signs of a short-term bottom as geopolitical tensions ease, leading to a sharp equity bounce. Expert Neeraj Dewan sees opportunities in largecap blue chips and PSU banks, while also noting value in private lenders. The recent correction may attract foreign institutional investors back to India, with metals remaining a strong play.Read More
Indian government bonds saw a retreat on Thursday, reversing some of Wednesday’s sharp gains. Oil prices resumed their climb, fueled by uncertainty surrounding a U.S.-Iran ceasefire and concerns over Strait of Hormuz trade routes. The Reserve Bank of India maintained its interest rates, anticipating economic impacts from ongoing global events. Investors are now preparing for...Read More
India’s IT giant, TCS, is poised to reveal its fourth-quarter earnings on Thursday, with a dividend payout also on the agenda. Analysts anticipate robust year-on-year growth in revenue and profit, though sequential growth is expected to be modest. The BFSI sector is projected to be a key growth driver, while others show mixed performance.Read More
HFCL shares surged after its subsidiary HTL Limited won orders worth Rs 1,366 crore. These orders are for optical fibre cables and will be executed by December this year. The company also recently expanded into aeronautics manufacturing. HFCL has a significant five-year supply agreement for optical fibre cables valued at approximately $1.10 billion.Read More
Ola Electric shares surged significantly on Thursday. This rise follows the company’s announcement of its self-developed Lithium Iron Phosphate cell. This new cell is expected to lower EV costs and boost adoption. Ola Electric’s Gigafactory is also progressing well. The company reported strong sales in March, indicating a demand recovery.Read More
Mary Daly signalled confidence in the U.S. economy even as inflation risks persist due to elevated oil prices and Middle East tensions. Speaking to Reuters, she stressed patience on policy moves, noting strong domestic momentum and no immediate need for rate cuts despite geopolitical uncertainty.Read More
Investors are becoming selective, focusing on earnings visibility and strong balance sheets. Opportunities are emerging in sectors like IT, with a watch on margins. Asset management companies offer stability. Rural consumption shows resilience, while urban demand is mixed. Infrastructure may see future gains from Middle East reconstruction. Aviation faces near-term challenges but promises long-term growth.Read More
Indian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litre respectively, despite a recent excise duty cut. Surging global refining margins, driven by Middle East supply disruptions and Russian infrastructure damage, have exacerbated the situation, leading to frozen retail fuel prices.Read More
Bitcoin hovered near $71,000 after failing to break $73,000, with momentum waning. Major altcoins experienced declines, though some like Tron and Hyperliquid saw minor gains. On-chain data suggests retail investors are accumulating Bitcoin, potentially strengthening the bull market structure, while macro indicators and institutional flows show mixed signals.Read More
Gold and silver prices fell on the MCX on Thursday. This followed minutes from the US Federal Reserve’s meeting indicating a preference for further rate hikes. Investors also watched developments in the Middle East. Gold futures saw a decline, while silver futures plunged. Physical gold rates varied across Indian cities.Read More
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