ETMarkets PMS Talk: Markets in a correction, not a bear phase – Ionic Asset’s Harsh Madhusudan Gupta
While tariffs have been worse than Trump’s first term, they have not been as bad as expected. Repeated reversals on Canada/Mexico policy and ambiguity on reciprocal tariffs exist yet trade policy with respect to China is more focused.
ETMarkets Smart Talk: Patience Pays! Despite over 10% market correction, SIPs remain a powerful tool to create wealth
We see the ripple effects of this slowdown impacting corporate earnings. This slowdown we believe is cyclical in nature and there are already some initial signs of a rebound.
Nifty Total Market Index like drinking water, will quench thirst at low cost: Angel One AMC CEO
We have been fortunate enough to be associated with the entire journey of passive investing in India due to association with Benchmark AMC which pioneered this space in India.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the Nifty500 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on March 10, according tostockedge.com’s technical scan data.
This is no fire sale. Don’t rush into markets, wait for stronger signals: Deepak Shenoy
Indian markets had shown some signs of recovery in the last week, however, remain volatile due to ongoing global and domestic uncertainties, making it crucial for investors to exercise patience. In an interaction with ETNow, advised against rushing into investments and suggested that investors should wait for stronger market signals before deploying capital. Instead of […]
Super Iron Foundry IPO opens today. Check issue price, GMP other details
Super Iron Foundry, based in Kolkata, is opening its IPO for subscription today, aiming to raise Rs 68 crores through the issue priced at Rs 108 per share. The IPO proceeds will primarily be used for working capital requirements and debt repayments. The offering will close on March 13, 2025.
US stock market loses $4 trillion in value as Trump plows ahead on tariffs
A barrage of new Trump policies has increased uncertainty for businesses, consumers and investors, notably back-and-forth tariff moves against major trading partners like Canada, Mexico and China.
Stock selloff extends to Asia on growth concerns
Australian, Japanese and South Korean shares slumped. Equity-index futures for the S&P 500 and the tech-heavy Nasdaq 100 slipped in early Asian trading, extending a decline on Monday as Wall Street tempered bullish views while demand for recession havens boosted sovereign bonds. Treasuries advanced while a gauge of the dollar slipped.
IndusInd faces Rs 2,000-crore net worth hit over derivative discrepancies
This anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday’s disclosures on discrepancies in derivative deals over the past five to seven years, executives told analysts in a late-evening call.
Bank shares plunge 6%, more weakness likely
In the past one month, the stock has plunged over 15% while Bank Nifty fell 3.53% in the same period. ICICI Securities downgraded IndusInd Bank to ‘reduce’ from ‘buy’ and slashed the target price to ₹850 from ₹1,350.