InterGlobe Aviation shares dipped after Goldman Sachs reduced its target price by 13.3% to Rs 5,200, citing rising fuel costs and Middle East traffic weakness. The brokerage maintained a Buy call, highlighting potential market share gains for IndiGo amid industry consolidation and the airline’s strong net cash position.Read More

Thane police have arrested two co-founders of cryptocurrency exchange CoinDCX, Sumit Gupta and Neeraj Khandelwal, in connection with an alleged fraud of Rs 71.6 lakh. The duo was apprehended in Bengaluru following an FIR registered on March 16.Read More

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.Read More

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be in an overall uptrend.Read More

Oil prices are holding steady. Investors are watching threats between the US and Iran. Potential Iranian oil supply is expected. Brent crude is near $111 per barrel. West Texas Intermediate is around $98. Prices could rise further if the conflict continues. Experts predict Brent could reach $120 or even $150 per barrel.Read More

Global markets tumbled as escalating US-Iran tensions and prolonged Israeli conflict sent oil prices soaring. Asian shares and futures dipped, with investors bracing for weeks of fighting. This inflationary shock has extinguished hopes for rate cuts, pushing central banks towards hikes and hammering bonds. The dollar strengthened as a safe haven.Read More

Markets closed last week with a negative bias, anticipating a data-sensitive upcoming week influenced by global uncertainties. West Asia conflict and crude oil prices are key external drivers. The Indian rupee experienced its steepest single-day fall since late 2022 due to surging oil prices.Read More

Innovision’s IPO is set for listing on March 23. Grey market indicators suggest a weak debut with negative GMP. Despite strong institutional interest, retail demand was low. Concerns about valuation and business profile are impacting listing expectations. The company operates in manpower, toll plaza, and skill development sectors. Final listing performance will depend on market...Read More

Tipco Engineering’s IPO opens Monday, aiming to raise Rs 61 crore with a flat grey market premium, indicating investor focus on fundamentals. The company, a manufacturer of industrial machinery, will use the proceeds for debt repayment and working capital. The issue is priced between Rs 84-89 per share and closes March 25.Read More

Gold prices tumbled over 3% on Monday, hitting a four-month low. Escalating Middle East tensions fueled inflation worries and boosted expectations for higher global interest rates. Iran threatened energy systems, while oil prices remained elevated. This situation impacts transport and manufacturing costs.Read More