Asian markets opened lower following a Wall Street slide. Investors are cautious, moving away from risky assets. This sentiment is driven by upcoming Nvidia earnings and a crucial US jobs report. Global stock gauges are at a one-month low. Bitcoin also saw a significant drop. Uncertainty surrounds interest rates and tech valuations.Read More
Groww’s parent company, Billionbrains Garage Ventures, has achieved a market capitalization exceeding ₹1 lakh crore. This milestone follows a significant surge in its stock price since its listing. Analysts are cautioning investors about potential overvaluation. New investors are advised to wait for dips before entering the market.Read More
CLSA’s equity strategist predicts an AI bubble burst within a year due to concerns over returns on significant sector investments. This sell-off is expected to benefit India as investors reallocate funds from Taiwan and Korea, seeking less frothy markets. India’s appeal lies in its cheaper valuations and the exhaustion of alternative investment options.Read More
Indian banks reported muted earnings in the first half of FY26, with net profits rising only 2.5% despite an 11.3% credit expansion. This was primarily due to a compression in net interest income as banks passed on policy rate cuts to borrowers while their cost of funds remained elevated. Private banks outperformed public sector banks...Read More
Hero MotoCorp’s stock reached a 52-week high following a strong second quarter with double-digit revenue and profit growth. The company achieved a record market share for its VIDA EV brand and saw significant growth in global dispatches. Analysts maintain a ‘buy’ rating, anticipating continued sales volume growth driven by new launches and improving rural demand.Read More
IL&FS is adjusting creditor voting rights in committees. This change reflects current outstanding debt after nearly ₹18,000 crore in interim payouts. Some lenders’ voting power will decrease as their debt has been substantially repaid. This move aims to ensure fair decision-making in asset sales, preventing outdated claims from influencing outcomes. Major IL&FS assets will see...Read More
Investors are increasingly favoring RBI’s Floating Rate Bonds, a secure government-backed debt instrument, over traditional bank deposits and small-savings schemes. Offering an 8.05% return linked to the National Savings Certificate rate plus 35 basis points, these seven-year bonds provide a higher yield and hedge against rising interest rates.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.
