Indices decline over 1% amid Covid-19 surge and foreign inflow concerns
Indian benchmarks experienced a decline of over 1% on Tuesday, driven by uncertainty regarding near-term market prospects and profit-booking after a recent rally. Ebbing foreign inflows and a surge in Covid-19 cases across India and Asia further contributed to the cautious market sentiment. Traders are also adding short positions, suggesting limited upside potential in the […]
Indian markets need a stronger macro environment: Ajay Rajadhyaksha, Barclays
While we are still going to end up with sizable tariffs on imports this year compared to the start of the year, it is important to look at where we were just five weeks ago. At that point, with tariffs at 145% on one side and 125% on the other, we were essentially facing a […]
Will drone stocks continue to soar after recent military conflict?
Since the Pahalgam attack on April 22, Paras Defence and Space Technologies, Ideaforge Technology and Zen Technologies have soared 30-50%, amid a broader euphoria among defence-related stocks.
NSEL Crisis: 92% of traders approve one-time settlement scheme
The NSEL payment crisis began in July 2013 when the exchange defaulted on 5,600 crore owed to around 13,000 investors. It had offered contracts that involved buying and selling commodities with fixed returns, but most trades were not backed by the actual commodity.