Bank Nifty crosses 56,000 to hit record high as RBI rate decision looms
The Nifty Bank index crossed the 56,000 mark for the first time on Tuesday, driven by gains in select lenders ahead of an anticipated RBI rate cut. However, the index gave up early gains amid profit-booking and weakness in heavyweight banks. While smaller lenders saw buying interest, ICICI Bank, Axis Bank, and Kotak Mahindra Bank […]
Europe doubling down on defence spending after being snubbed during US-Russia talks: Benjamin Heelan
Europe is significantly increasing defence spending due to exclusion from US-Russia peace talks, potentially adding $370 billion in investment. The NATO summit aims for 3.5% of GDP on defense, signaling a decade of hard power investment. Commercial aerospace faces macroeconomic challenges like tariffs, but demand and supply chain performance are generally positive, indicating a healthy […]
Go Fashion shares rally 5% as Motilal Oswal initiates coverage with buy, sees 31% upside
Go Fashion shares: Motilal Oswal referred to Go Fashion, the company behind the ‘Go Colors’ brand, as a trailblazer and market leader in the women’s bottom wear segment, commanding an 8% share of the organized market.
Vodafone Idea shares slide 4% as telco engages with govt for AGR relief post SC plea dismissal
Vodafone Idea’s shares fell despite ongoing talks with the government for AGR relief, highlighting the company’s financial struggles. CEO Akshaya Moondra emphasized the need for pricing reforms and government support, following a Supreme Court setback. Nuvama brokerage has reduced the share price target to Rs 7.
Blue Water Logistics shares list at 4% premium on NSE SME platform
Blue Water Logistics debuted on the NSE SME platform on Tuesday after a successful IPO that was oversubscribed nine times. The IPO, which aimed to raise ₹42.99 crore, saw its shares offered at ₹135 each.
Aptus Value Housing shares slump 10% after 8.8% equity stake likely sold in block deal
Aptus Value Housing shares are under the spotlight as Westridge Investments plans a Rs 1,495 crore block deal to sell a 9.8% stake. The company reported a 26% rise in Q4 net profit and strong growth in assets and disbursements. Analysts maintain a ‘Buy’ rating with an average target price of Rs 388, indicating 15% […]
ETMarkets Smart Talk: India’s market cap could hit $10 trillion by 2030, says ArthAlpha’s Rohit Beri
Rohit Beri of ArthAlpha Investment Advisors presents a bullish outlook on Indian equities, projecting a $10 trillion market capitalization by 2030. He advises investors to remain cautious amid current market volatility, focusing on sectors like capital goods, infrastructure, and renewables for long-term growth. For high-net-worth individuals, he recommends a strategy balancing capital preservation, growth, and […]
Pick undervalued, high-quality stocks: Sonam Srivastava’s 2025 playbook
Sonam Srivastava of Wright Research suggests a cautiously optimistic outlook for the market, highlighting the strength in small and mid-cap stocks. She recommends focusing on sectors like industrials, capital goods, and consumption, while advising a balanced approach to investing. Investors should gradually build positions in high-quality stocks, considering diversification and a core-satellite approach for new […]
Positive Breakout: These 4 stocks cross above their 200 DMAs
In the Nifty200 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 2, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
S&P closes higher on trade hopes, Nvidia lifts Nasdaq
The S&P 500 index saw an increase on Monday. This happened because investors felt positive about trade discussions. These discussions involved the United States and its trade partners. This optimism existed even with President Trump’s increased tariffs on steel and aluminum imports. Steel company shares went up, while automaker shares went down. Energy stocks also […]