President Trump nominated former Fed Governor Kevin Warsh to chair the Federal Reserve, signaling a potential shift towards lower interest rates. While Republicans largely view Warsh as qualified, his confirmation faces challenges from Senator Thom Tillis and unified Democratic opposition, potentially impacting the Fed’s independence and future monetary policy.Read More
Indian markets are navigating a turbulent phase. Geopolitical tensions and volatile commodity prices are impacting investor sentiment. Market expert Ajay Bagga advises patience and selective buying of fundamentally strong stocks. He believes the situation may ease soon. Financials are expected to lead when stability returns. Defence sector presents a long-term opportunity. Investors should prepare but...Read More
The Indian Rupee has recovered from its record low, gaining 48 paise to trade at 91.57 against the US dollar. This recovery follows positive momentum in domestic equity markets. However, rising crude oil prices and foreign investor selling continue to exert pressure. Geopolitical tensions in the Middle East are also a significant factor influencing the...Read More
Adani Ports and JSW Infrastructure shares saw gains after JP Morgan initiated coverage with overweight ratings. The brokerage sees strong growth in India’s ports sector. JP Morgan has set price targets for both companies, anticipating significant expansion and revenue growth. Both firms are investing in logistics and warehousing, diversifying their operations. Their financial health remains...Read More
Reliance Industries shares jumped as brokerages said the recent selloff was overdone and noted the company could benefit from rising crude prices amid Middle East tensions. Analysts expect supply disruptions to boost refining margins, with diesel cracks surging to $35–$42 per barrel, potentially benefiting the company’s oil-to-chemicals business.Read More
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ from past conflicts. Patel also discusses AI’s impact on IT services and identifies potential investment opportunities in corrected sectors, while advising caution in others.Read More
South Korea’s KOSPI index surged 12% on Thursday, recovering from its worst-ever daily drop, fueled by hopes of U.S.-Iran diplomatic progress. Global oil price stabilization and Wall Street’s resilience also boosted market sentiment. The government affirmed readiness to deploy market stabilizing measures if needed.Read More
Hindustan Unilever has completed the sale of its stake in Wellbeing Nutrition for Rs 307 crore. USV Private Limited acquired a majority stake in the wellness supplement brand. Wellbeing Nutrition offers various health products and has seen revenue growth. HUL also recently acquired full ownership of OZiva.Read More
South Korean President Lee Jae myung ordered the activation of a $68 billion market stabilisation fund to counter rising volatility driven by the escalating Middle East crisis.Read More
Five large-cap stocks, including Swiggy and Fractal Analytics, formed a bullish White Marubozu candlestick pattern on technical charts, signalling strong buying pressure and hinting at a potential near-term uptrend as buyers dominated trading from open to close.Read More
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