Amidst geopolitical fears, India’s market faces a ‘buy the dip or wait’ dilemma. Expert Jitendra Gohil highlights India’s underperformance due to its limited role in global AI and defence booms. He advises accumulating metals, private banks, and electronics manufacturing on dips, while viewing gold as a long-term hedge. Expect range-bound equities for now.Read More
Aurobindo Pharma is launching its first share buyback in two years, offering to repurchase over 54 lakh shares at Rs 1,475 each. This tender offer, open to shareholders as of April 16, represents a significant move for the pharmaceutical giant. The company’s stock has shown resilience, gaining ground despite broader market declines.Read More
The rupee strengthened by 33 paise to 92.85 against the US dollar following RBI’s tightened rules to curb speculative positions. Despite this, global developments, including escalating US-Iran tensions and rising crude oil prices, continue to exert pressure on the domestic unit, creating volatility.Read More
HDFC Bank reported steady growth in its March quarter business update, with advances and deposits rising in double digits year-on-year. However, the stock remains under pressure following a recent leadership exit, even as the lender’s core balance sheet metrics indicate stable expansion across credit and deposit segments.Read More
Indian stock market got off to a negative start after US President Donald Trump’s increased threats towards Iran. Consequently, oil prices surged above $110 per barrel. Major companies like IndiGo, Kotak Mahindra Bank, and Reliance Industries experienced significant losses.Read More
Gold and silver prices dipped on Monday amid a stronger dollar and escalating Middle East tensions, dampening hopes for U.S. Federal Reserve rate cuts. Traders are now largely discounting any rate reductions this year. Experts advise caution, suggesting profit-booking on rallies and waiting for dips to initiate fresh positions.Read More
Escalating Iran conflict and crude oil prices surpassing $110 a barrel are jeopardizing India Inc’s projected double-digit earnings growth for FY27. Analysts warn of inevitable downgrades, particularly for import-intensive and crude-related sectors, potentially delaying the anticipated recovery by at least two quarters.Read More
Indian markets are showing signs of recovery. Valuations have become attractive, offering a potential cushion for equities. External shocks impacted flows, but domestic fundamentals remain strong. A swift de-escalation in geopolitical tensions could trigger a sharp rebound. Sectors like auto, power, IT services, banks, and real estate present opportunities for investors in the new financial...Read More
Axis Bank’s Q4 business update revealed robust growth, with gross advances surging over 18% year-on-year and total deposits climbing nearly 14%. This performance surpassed brokerage expectations, showcasing strong momentum for the private lender. The bank’s CASA and term deposits also saw significant year-on-year increases, indicating healthy customer engagement and financial expansion.Read More
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