Pakistan stock market rallies over 9% after military calls truce with India

Following a ceasefire announcement by Pakistan’s military, the KSE 100 index surged over 9% after facing pressure due to escalating India-Pakistan tensions and recent terrorist attacks. Indian markets also rallied, with Sensex and Nifty rising more than 2.7%. Analysts caution that the bullish sentiment hinges on the ceasefire’s continuation and sustained foreign investment.

Large HNI and institutional money continuing to buy on every dip: N Jayakumar

N Jayakumar of Prime Securities believes India is attracting substantial investment due to its strong foundation. He estimates significant HNI positions have been cleared. Institutional investors are consistently buying, preventing market dips below 24,000. Mark Mobius shows interest in Indian pharmaceuticals. A global shift away from US exceptionalism is occurring.

Mark Mobius still bullish on Indian banks, eyes defence and pharma sectors

Mark Mobius discusses investment strategies amidst geopolitical tensions and market dynamics. He highlights India’s potential, contingent on regulatory reforms, and identifies defense, IT, and pharmaceuticals as promising sectors. Mobius also notes Trump’s influence on markets and the US-China dynamic, emphasizing the need for vigilance regarding trade agreements.

Hotel stocks could benefit from India’s booming tourism demand: Porinju Veliyath

Porinju Veliyath of Equity Intelligence India notes the significant growth potential in India’s travel and tourism sector, citing high demand and supply shortages, particularly in five-star hotels. Despite earlier pressures, Ixigo’s stock performance has been resilient, attracting Veliyath’s attention as a potential investment opportunity, though he clarifies he is not currently invested.

Srigee DLM shares to debut today. GMP signals a positive listing

Srigee DLM, specializing in plastic injection molding, is set to debut on the BSE SME platform following a highly successful IPO that was oversubscribed by 400 times. The IPO, priced at ₹94-₹99, saw strong grey market premium, suggesting a positive listing. The company intends to use the IPO proceeds to establish a new manufacturing facility […]