Ashok Leyland among 8 preferred mid & smallcap stocks from Motilal Oswal

BSE mid and smallcap indices declined over 2% year-to-date amid weak global cues and persistent selling by FIIs. However, domestic brokerage firm Motilal Oswal is bullish on BFSI, Auto, and Leisure & Hospitality stocks. Motilal’s top picks include Ashok Leyland, Bharat Dalmia, Jubilant FoodWorks and Poonawalla Fincorp. Here is a list of 8 top preferred […]

Dollar towers on lingering effects of Powell’s testimony

In the second day of his testimony to Congress on Wednesday, Powell reaffirmed his hawkish message, though struck a cautious note that debate on the scale and path of future rate hikes was still underway and would be data-dependent

Oil near flat as US crude stock draw contends with economic concerns

On Tuesday, oil futures fell more than 3% and posted their largest daily fall since early January after comments by U.S. Federal Reserve Chair Jerome Powell that the central bank would likely need to raise interest rates more than expected in response to recent strong data

Sebi mulls PCVs to offer long funding

Unlike regular private equity (PE) and venture capital (VC) funds which have fixed lives, a PCV can last in perpetuity, and its best examples are famous investment houses like Berkshire Hathaway and Fairfax.