Motilal Oswal has reaffirmed a ‘Buy’ on LG Electronics India, saying the market is overlooking its margin recovery and premiumisation-led growth. Despite a weak Q2 marked by softer demand and cost pressures, the brokerage sees up to 17% upside, backed by localisation, premium product mix, and a deeper B2B push across HVAC and display solutions.Read More
However, a strong greenback against major currencies overseas and foreign fund outflows weighed on the domestic unit, according to forex traders.Read More
India is witnessing early signs of a real economic and market recovery, says UBS. Global investors—absent for nearly five years—are re-engaging as corporate commentary strengthens and earnings show initial improvement. While valuations remain rich, optimism is rising across financials, consumption, defence, power and quick commerce. UBS expects credit growth, easing policy, and selective sector catalysts...Read More
Indian stock markets are showing strong gains, led by the banking sector. Nifty remains above 25,900. Experts see continued momentum in banking, with NBFCs and PSU banks leading. Metals are also attractive for investors. Sector-specific rallies are driving market strength. Investors should watch key levels for Bank Nifty and Nifty.Read More
Yellow metal prices saw a sharp decline on Friday after it was known that the Fed would unlikely make any changes to the current policy rates.Read More
PhysicsWallah shares will list on the BSE and NSE on November 18, with the Rs 3,480 crore IPO, one of the largest ever from India’s edtech sector, drawing tepid overall subscription of 1.92 times but a late uptick in grey market sentiment.Read More
Japan’s Nikkei closed slightly lower as tourism stocks tumbled following China’s travel warning amid escalating Taiwan tensions. Retailers like Isetan Mitsukoshi and Shiseido saw significant drops. However, technology and financial stocks provided some support, with Tokyo Electron and Sumitomo Mitsui Financial Group posting gains.Read More
Recent Q2 earnings reveal a mixed market outlook. Banking and financial services show strength. Tata Motors presents a varied performance, with electric vehicles positive but passenger vehicles facing hurdles. Information technology firms benefited from currency gains but may see challenges ahead. Investors should focus selectively on opportunities.Read More
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