Stocks to buy: Jio Financial, SBI Card and Canara Bank on investors’ radar
Indian stock indices closed higher for the third consecutive session, fueled by easing retail inflation and hopes for rate cuts. Viral Chheda of SSJ Finance and Securities suggests buying Jio Financial, SBI Card, and Canara Bank. He anticipates significant upside potential for these stocks over the next 10-12 months, providing specific entry points, stop losses, […]
Q4 results today: Infosys, Jio Financial among 10 companies to announce earnings on Thursday
Infosys anticipates a slight revenue decline in Q4, projecting 1-4% CC revenue growth for FY26 due to macroeconomic factors and a lack of mega-deal contributions. HDFC Life is expected to see a rise in annualised premium equivalent (APE) by 10-17% and a potential 31% YoY increase in profit after tax.
Wobbly stock market puts a dent in mutual fund SIPs in 2025
In the quarter-ended March 31, this route-popular among retail investors-saw a decline in new registrations and an increase in stoppages by individuals. The discontinuations could be a mix of investors being averse to renewing SIPs or ending existing plans in the face of adverse stock market conditions.
PEs have more comfort with big bets in India: Joseph Bae, KKR
KKR & Co. is aggressively deploying capital with $8.5 billion invested in Europe recently. The firm sees volatility as an opportunity for investment, particularly in high-quality businesses. KKR remains bullish on long-term U.S. growth, while also focusing on India as a key market due to its domestic consumption-driven economy and political stability.
Asian stocks, dollar dip as Powell dashes ‘Fed Put’ hope
Contracts for Japanese, Australian and Hong Kong benchmarks all declined after the S&P 500 closed 2.2% lower and the Nasdaq 100 dropped 3% Wednesday. Gold opened higher early Thursday after rising 3.5% to a record in its previous session. Treasuries rallied across the curve, sending the 10-year yield six basis points lower to around 4.28%. […]
US stocks drop as Fed’s Powell says growth appears to be slowing; Nvidia tumbles
The Fed chair’s afternoon comments sparked further selling in stocks, which had already been under pressure from a sharp drop in shares of Nvidia and other chipmakers.
Hospital stocks gain on safe-haven buying
In past one month, most hospital stocks such as Max Healthcare, Apollo Hospitals, Fortis Healthcare, Healthcare Global and Rainbow Children’s Medicare, among other, have surged 4.3-19.6% while the benchmark Nifty gained 4.1% in the same period.
Federal Reserve can wait on any rate moves: Powell
The sharp volatility in financial markets since President Donald Trump announced sweeping tariffs April 2, only to put most of them on hold a week later, has led to speculation about whether the Federal Reserve would soon cut interest rate or take other steps to calm investors.