U.S. transportation stocks plummeted Monday as Amazon expanded its logistics services, intensifying competition across parcel delivery, air freight, and trucking. Major players like FedEx and UPS saw significant declines, reflecting investor concerns about Amazon’s growing disruption of the traditional transportation ecosystem. The selloff occurred as the sector was nearing record highs, making it vulnerable to...Read More
Asian economies are scrambling to manage an energy shock caused by the Iran war, with soaring oil prices and supply disruptions hitting the region hard. Governments are deploying subsidies, tapping reserves, and imposing controls, but at rising fiscal costs. Growth forecasts have been cut while inflation expectations have increased, reflecting higher energy prices.Read More
Manappuram Finance shares dipped despite a strong Q4 FY26 profit, driven by a surge in gold loans. While brokerages like Jefferies turned bullish, upgrading to ‘Buy’ with a higher target, others like Morgan Stanley maintained caution. The company announced an interim dividend alongside its results, with the gold loan segment significantly boosting revenue.Read More
Shares of ideaForge Technology surged over 8% after the company reported a sharp Q4 FY26 turnaround, posting a net profit of Rs 60 crore against a year-ago loss. Revenue rose sevenfold, supported by strong order inflows, improved execution, and expanding defence capabilities, driving bullish sentiment despite overbought technical indicators.Read More
Maruti Suzuki shares have dropped nearly 25% from their January peak, wiping out Rs 1.28 lakh crore in value amid margin and market share concerns. Brokerages remain divided, with near-term pressures persisting but strong sales momentum, healthy order backlog and improving margins expected to support a recovery in the coming quarters.Read More
India’s auto sector saw robust year-on-year growth in April, defying sequential dips attributed to high March bases and supply issues. Maruti Suzuki stood out with month-on-month gains, driven by GST benefits and strong demand across segments. Tractor and two-wheeler sales also showed strength, though auto ancillaries face margin pressure from rising commodity costs.Read More
Five NSE F&O stocks witnessed a sharp rise in futures open interest as of May 04, indicating heightened derivatives activity. The surge suggests traders are building fresh positions or adding to existing ones, reflecting stronger conviction and a directional bias in the near-term price movement of these counters.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
