India’s petrol excise duty cut brings some relief to consumers. However, Oil Marketing Companies continue to face significant losses. Analysts suggest the cut only partially offsets the price increase. Independent refiners, however, may experience substantial profits due to high product spreads. The market is closely watching for geopolitical resolutions or further price adjustments.Read More
Powerica’s IPO closed with 1.45x subscription on Day 3, driven mainly by strong QIB demand at 4.5x, while retail interest stayed weak. The grey market showed a marginal Rs 2 premium over the issue price of Rs 395. The company aims to raise ₹1,100 crore through a mix of fresh issue and OFS.Read More
Market downturns, often feared, present prime opportunities for seasoned investors. Instead of panic, focus on buying quality companies at discounted prices, much like Warren Buffett’s philosophy. Strong management and sensible valuations during these volatile times pave the way for significant long-term wealth creation, turning anxiety into a powerful investment phase.Read More
Indian stock markets, including NSE and BSE, will observe closures on March 31 for Mahavir Jayanti and April 3 for Good Friday. The year 2026 has 16 scheduled stock market holidays, with MCX and NCDEX also announcing partial or full trading suspensions on select occasions.Read More
Hyundai Motor India shares fell amid weak market sentiment, extending their one-month decline to about 21%. Asit C Mehta initiated coverage with a Hold rating and limited upside, citing concerns over market share erosion, weak domestic performance, and lack of fuel mix diversification.Read More
India’s financial sector is changing fast. KV Kamath, a key figure, states disruption is happening now. Old banks and companies are falling behind. New technology allows startups to build services quickly. Areas like asset management and broking face rapid change. Even insurance is becoming more direct. Banks are losing deposits to investment products. Companies must...Read More
First, the software giant is doubling down on capital expenditures as Wall Street increasingly asks when investments in artificial intelligence infrastructure will produce more dramatic payoffs in revenue growth.Read More
Oil prices rose on Friday but were set for their first weekly decline since February 9 as U.S. President Donald Trump extended a pause in attacks on Iran’s energy plants, though investors remain cagey about prospects for ceasefire in the month-old war.Read More
India’s paint sector faces significant cost shocks from crude-driven inflation, prompting price hikes. Despite a short-term margin hit, structural factors like painting cycles and the low proportion of paint costs in total job expenses suggest a robust recovery. Investors can anticipate a return to double-digit revenue growth as pricing power re-emerges.Read More
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