Market expert Pankaj Pandey sees opportunity in current market dips. He compares today’s correction to the Russia-Ukraine war, suggesting markets are near a bottom. Pandey recommends buying quality largecap stocks in autos, cement, and capital goods. He advises patience for HDFC Bank due to near-term challenges. Select NBFCs and PSU banks also present attractive prospects...Read More

Elara Capital has initiated coverage on Solar Industries with a ‘Buy’ rating and a target price of Rs 15,450, forecasting a 24% upside. The brokerage highlights three key growth drivers: a booming defence portfolio, aggressive global expansion across 90 countries, and a robust Rs 2,200 crore capital expenditure plan.Read More

Indian markets are showing signs of recovery after a significant selloff. Experts suggest that Indian currency, bonds, and equities are currently undervalued. Hopes for a ceasefire in the Middle East conflict have led to a drop in oil prices. This development is expected to calm market volatility and potentially trigger a buying spree.Read More

Sai Parenteral Limited’s initial public offering is underway. The IPO is in its second day of bidding. It experienced a slow start on its first day. The company aims to raise Rs 409 crore through the issue. The subscription window closes on Friday, March 27. Investors are advised to consider the long-term prospects.Read More

Bitcoin reclaimed the $70,000 mark, showing underlying strength, but faces vulnerability due to overhead supply and weak volume. While Ethereum also saw gains, its momentum lags, suggesting selective risk appetite. Broader markets remain cautious, with Bitcoin consolidating and influenced by geopolitical headlines and upcoming economic data.Read More

Mukesh Ambani’s Reliance Jio Platforms is in discussions with thirteen major foreign investors. These investors are considering selling down a portion of their stakes in Jio’s upcoming Mumbai listing. The company, a leader in telecoms and AI, is preparing to file for IPO approval soon. This move signals significant investor interest in Jio’s future growth...Read More

Global markets are cautiously optimistic as Middle East conflict talks progress, though regional divisions persist. Investors are watching actions over rhetoric, with Asia facing significant economic fallout if disruptions occur. Central banks may prioritize growth over inflation if the conflict escalates, making a swift resolution crucial for stability.Read More

Bank of Japan policymakers are increasingly favoring interest rate hikes, citing persistent inflation and a strengthening wage-price cycle. Despite a pause in January, the central bank maintains an upward inflation bias. Geopolitical tensions and a weaker yen add complexity, but underlying inflation is nearing the 2% target, suggesting continued normalization.Read More

Indian government bonds saw mixed trading today. Crude oil prices are near $100 a barrel after a sharp fall. Reports of a U.S.-Iran ceasefire plan eased supply worries. Elevated oil prices impact India’s inflation and trade deficit. States plan significant bond sales this Friday. Overnight swap rates tracked oil prices with shallow trading volumes.Read More

Indian stock markets face a holiday-shortened week, with closures on Thursday for Shri Ram Navami and further trading disruptions in the coming weeks due to Mahavir Jayanti and Good Friday. Markets opened sharply higher on Wednesday, extending recovery amid easing Iran-US tensions and Iran’s statement on the Strait of Hormuz.Read More