Nifty surges 300 points as investor sentiment lifts markets. Will the rally last?
Stock markets now seem to have digested the uncertainty related to global tariff wars on hopes of lesser disruption and trade agreements by major economies. India is arguably the best-placed market in the world and could grow riding on recover in earnings starting this year, with Nifty potentially delivering low double-digit earnings growth between 12-15%.
Gravita India promoter pares 3.4% stake for Rs 498 crore
A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction. According to the bulk deal data available on the NSE, Rajat Agarwal offloaded 25 lakh shares, representing a 3.38 per cent stake in Gravita India.
ABFRL Q4 Results: Net loss at Rs 23 crore; revenue rises to Rs 1,719 crore
Aditya Birla Fashion and Retail Ltd on Friday said its consolidated net loss narrowed to Rs 23.55 crore in the fourth quarter ended March 2025. The company had posted a net loss of Rs 266.36 crore during the January-March quarter a year ago, according a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL).
JSW Steel evaluating legal options for troubled BPSL assets
JSW Steel implemented the resolution plan for Bhushan Steel and Power Ltd “in full compliance” and the company is now evaluating all options to reach a legal remedy, including review of the Supreme Court order.
PL Capital highlights 21 stocks with upside potential up to 35% as market digests geopolitical risks
Indian equities have rebounded sharply, driven by easing global tensions and strong earnings. PL Capital has identified 21 stocks with up to 35% upside, citing improving demand, favorable monsoon, and supportive macro trends despite global risks.
REITs are the new blue-chips for passive income seekers: Ajay Srivastava
Ajay Srivastava, CEO of Dimensions Corporate, advises against investing in traditional sectors like cement and steel, favoring innovative companies with unique infrastructure. He remains invested in Vedanta due to its high dividend yield and irreplaceable mines. Srivastava is wary of PSU stocks, viewing them as extensions of government departments hindering shareholder value.
Irrational exuberance is evident; stock-picking discipline is more critical than ever: Ajay Srivastava
Ajay Srivastava of Dimensions Corporate observes irrationality in the market. He notes high PE ratios for some companies. He suggests caution and stock-specific investing. Srivastava highlights auto and engineering sectors as promising. He advises being wary of hotel sector expansion. He also points to e-commerce as a thriving area. He emphasizes reinvestment for sustained growth.
Reliance Power stock rallies 18%; Supertrend indicator triggers ‘buy’
Reliance Power share price: The Supertrend indicator is a trend-based technical analysis tool used by traders to determine the direction of a stock, index, or asset’s price movement and to generate corresponding buy or sell signals.
Stay focused on domestic fundamentals; no need to react to every US macro move: Sandip Sabharwal
According to Sandip Sabharwal, the proposed US remittance tax is the primary concern for Indians, potentially affecting remittance flows and increasing costs for the Indian diaspora. He believes bond yields are not a major issue for India unless a default crisis arises, noting divergent trends globally.
Gold price prediction: Yellow metal at 2-week high amid bond trouble. Breakout coming?
On Thursday, both gold and silver ended lower in domestic and international markets. Gold June futures settled at Rs 95,536 per 10 grams, down 0.07%, while silver July futures closed at Rs 97,796 per kilogram, losing 0.46%.