HAL shares fell sharply, extending a sharp two-day decline, after concerns over Tejas Mk1A delivery delays and rising private-sector competition triggered investor anxiety. The company issued a clarification, confirming five jets are ready while nine await GE engines, and reaffirmed its full-year guidance despite losing ground in India’s AMCA program.Read More

Blackstone is preparing PGP Glass for a public listing. Axis Capital, Bank of America, and HSBC are appointed as lead bankers. The company aims to raise between $400 million and $500 million. PGP Glass is a global specialist in glass packaging solutions. It serves customers in cosmetics, spirits, and pharmaceuticals. The company has operations in...Read More

The rupee edged higher by 7 paise to 90.40 against the US dollar in early trade, as corporate demand for the greenback surfaced. Investors are now awaiting official confirmation of the India-US trade deal and cues from the Reserve Bank of India’s upcoming interest rate decision. Attention is also on the dollar index and crude...Read More

Oil prices dipped as the U.S. and Iran agreed to hold talks in Oman, easing immediate fears of supply disruptions. Despite this, significant differences remain between the two nations regarding discussion topics, suggesting potential for renewed geopolitical risk. Concerns persist over U.S. President Trump’s threats and the impact on crucial oil transit routes.Read More

Hindustan Zinc shares dropped significantly due to a sharp decline in silver prices and increased margins on MCX futures. Despite short-term volatility, analysts like HSBC remain optimistic, upgrading the stock with a higher target price, citing the company’s strong fundamentals and positive outlook for zinc and silver.Read More

Indian government bonds saw a slight increase as traders anticipated a central bank debt purchase. Focus now shifts to Friday’s monetary policy decision, with markets expecting upbeat guidance and liquidity measures rather than a rate cut. The Reserve Bank of India’s bond purchase will be closely watched for policy signals.Read More

Hindustan Copper shares tumbled 5.5% as global copper prices reversed sharply, driven by renewed concerns over Chinese demand. Investors are unwinding bullish bets amid signs of weakening spot demand in China and rising inventories, despite copper’s year-to-date gains.Read More

Precious metals suffered a brutal selloff on Thursday, with silver plunging nearly 17% in Asian trade and Indian ETFs collapsing up to 21% as a stronger dollar and easing geopolitical tensions shattered the months-long rally. Gold prices also tumbled, leaving investors debating whether the correction signals opportunity or deeper trouble.Read More

Sahil Kapoor, who correctly predicted the 2022 silver rally, now warns investors to reconsider gold and silver positions. Valuations have reached fair value or are overvalued, with a shift from stable central bank and jewelry demand to volatile momentum buyers. Kapoor advises against new long positions and suggests rebalancing overweight holdings.Read More

Asian markets experienced a significant downturn on Thursday. Investors are worried about the escalating costs of Artificial Intelligence investments, leading to a shift away from technology stocks. A sharp decline in silver prices also impacted leveraged positions. This sentiment affected major indices across the Asia-Pacific region, with South Korea’s KOSPI seeing a notable drop.Read More