Japanese government bond yields declined on Friday. Investors bought back bonds to cover earlier short positions. A strong auction for two-year bonds boosted sentiment. This indicates the market believes the Bank of Japan’s terminal rate is already priced in. Long-dated US Treasuries saw selling pressure in Asia.Read More
Prestige Estates Projects Ltd has announced a significant financial achievement. The realty firm reported a nearly eight times jump in its consolidated net profit for the third quarter of this fiscal year. This surge to Rs 244.7 crore was driven by higher income. Total income also saw a sharp rise during the October-December period.Read More
The previous Budget reinforced the government’s commitment to capital expenditure, especially in infrastructure, defence and manufacturing. As the market heads into another Budget, expectations are more tempered. Brokerages broadly agree that the scope for a large fiscal stimulus is limited, but targeted measures could still shape sectoral performance.Read More
Hindustan Copper shares have surged 133% in two months, adding nearly Rs 41,850 crore to investor wealth. Experts note a strong uptrend and technical breakout, driven by global copper demand and company-specific growth triggers like a new mining block acquisition. While some advise caution on valuations, the overall structure remains bullish.Read More
Muthoot Finance successfully raised $600 million through a four-and-a-half-year dollar bond offering, securing a yield of 5.75%, lower than initially anticipated. This move, aimed at funding lending operations, follows similar successful issuances last year. Analysts view the company’s fundamentals positively, anticipating further bond activity. This marks India’s third dollar bond sale this year.Read More
Chief Economic Adviser V Anantha Nageswaran highlighted structural reforms in land, education, energy taxation, and agriculture as crucial for India’s medium-term growth. He noted that recent reforms have already boosted growth potential, with further progress dependent on addressing pending issues and improving education quality outcomes.Read More
Gold, silver ETFs saw a sharp selloff on Friday, plunging as much as 14% as investors rushed to book profits after precious metals retreated from highs. The fall has sparked debate over whether the correction offers a buying opportunity or signals the end of a historic rally that saw silver surge 56% in January and...Read More
Hindustan Copper shares saw a significant drop on Friday. Investors booked profits after an impressive rally earlier in the week. The stock had reached record highs. Experts advise caution due to current valuations. They suggest waiting for dips for fresh entries. The stock has shown strong performance recently.Read More
South Indian Bank shares fell sharply after CEO P R Seshadri decided not to seek reappointment. The stock decline came despite healthy Q3 earnings, improved asset quality and strong long-term returns, highlighting investor concerns over leadership transition.Read More
Vedanta shares fell over 8% a day after the company posted record quarterly EBITDA, as investors booked profits and brokerages flagged limited near-term upside despite strong operational performance and improving balance sheet metrics.Read More
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