Geopolitical tensions and market corrections are testing investor confidence, but history shows markets rebound strongly. Avinash Satwalekar of Franklin Templeton advises against panic selling, emphasizing disciplined asset allocation and using market weakness for long-term opportunities. India’s economic fundamentals remain robust, with GDP growth expected to exceed 7%.Read More
Japanese government bonds saw gains for a second day. This rise followed indications of a potential Middle East crisis resolution. Lower oil prices eased inflation worries. This development impacts Japan’s economy, which relies heavily on imported energy. The Bank of Japan’s policy meeting minutes were also released. Policymakers noted the need for interest rate increases.Read More
On March 24, the closing prices of five stocks in the Nifty500 pack rallied over 2% relative to their VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com’s technical scan data.Read More
SpaceX is reportedly preparing to file for an initial public offering in June, aiming to raise an estimated $75 billion. This move, which follows a recent valuation of $1.25 trillion after merging with xAI, could significantly surpass previous record-breaking IPOs. The company’s public debut is expected to bring increased transparency and pressure for profitability.Read More
The Fundrise Innovation Fund (VCX) has seen its shares surge over 1,500% above net asset value, driven by investor demand for stakes in pre-IPO companies like SpaceX and OpenAI. This dramatic price increase, with a significant portion of shares locked up, has led to volatility and questions about the sustainability of these gains.Read More
Indian stock markets are trading sharply higher today. The Sensex and Nifty have gained significantly, recovering from last week’s selloff. This surge is fueled by hopes that the conflict between Iran and US-Israel may end soon. Reports suggest a peace proposal has been shared. Several sectors are showing strong gains, with only IT stocks experiencing...Read More
The Rs 440 crore IPO of Amir Chand Jagdish Kumar Exports has entered Day 2, with a grey market premium of Rs 6-7 indicating modest listing gains. The issue was subscribed 1.19 times on Day 1, led by strong NII demand. Brokerages recommend subscribing for long-term growth prospects.Read More
Sammaan Capital share price surged 8% as RBI greenlit a significant 66.65% stake acquisition by Abu Dhabi’s Avenir Investment RSC. This deal, involving an Rs 8,850 crore preferential issue, marks a major Middle Eastern investment in India’s financial sector. However, the RBI imposed conditions, including a ban on public deposit raising, with SEBI’s final nod...Read More
Sagility share price surged 8% after Nomura initiated coverage with a Buy rating and a Rs 55 target price. The brokerage sees Sagility benefiting from AI in healthcare. The company serves US health insurance firms and hospitals. Institutional investors have increased their stakes. Sagility’s stock has seen a decline recently.Read More
George Joseph of ASK Investment Managers sees a prime opportunity in Indian equities, urging aggressive deployment of funds. He highlights significant market corrections, particularly in construction, real estate, and large private banks, presenting attractive valuations. Joseph also dismisses fears of an AI-driven collapse in the IT sector, believing it will expand opportunities.Read More
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