Day: June 30, 2025

ETMarkets Smart Talk: SBI Securities cautions against value traps; growth visibility key to attracting premium valuations

SBI Securities’ Sunny Agrawal anticipates a constructive second half for equity markets in 2025, driven by rate cuts, tax benefits, and revived capex. He suggests focusing on rate-sensitive sectors and themes like steel tubes and railway wagons. While geopolitical tensions may cause short-term crude oil volatility, overall, prices are expected to remain benign, benefiting various […]

Waaree Energies shares rally 3% after U.S. arm wins 540 MW solar module contract

Waaree Energies’ U.S. subsidiary has secured a 540 MW solar module contract from a leading American developer, with deliveries split between 2025 and 2027–2028. This deal follows two other major U.S. orders, reinforcing Waaree’s North American expansion plans. The company is also doubling its Texas capacity and holds an order book of 25 GW through […]

Positive Breakout: These 8 stocks cross above their 200 DMAs

In the Nifty 500 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 27, 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 […]

Vandan Foods IPO opens today. Key details to know before subscribing

Vandan Foods, a Gujarat-based castor oil manufacturer, launched its IPO today, aiming to raise ₹30.36 crore. The IPO, priced at ₹115 per share, closes on July 2 and consists of a fresh issue of 26.40 lakh equity shares. Funds will support working capital, debt repayment, and facility expansion. With strong financials showing revenue of ₹72.

Asian stocks, US futures rise as trade talks progress

Asian stocks experienced gains, mirroring the rise in equity-index futures, fueled by record-high US stock performance and positive developments in trade negotiations. Japan’s Nikkei 225 index saw a significant jump following extended trade talks. Meanwhile, crude oil prices declined as traders adjusted risk premiums ahead of the OPEC+ meeting, and US Treasuries experienced a slight […]

Which stocks should traders buy as indices hit a nine-month high?

As benchmark indices reached a nine-month high, traders are eyeing bullish opportunities in stock futures. HPCL, UltraTech Cement, Power Grid, Indraprastha Gas, Apollo Hospitals, and HDFC Life Insurance are showing potential for upward movement. Technical analysis suggests specific entry points, stop losses, and target prices for these stocks, guiding traders in their investment decisions.

India Inc’s interest coverage ratio rises to a 3-year high on margin improvement , lower interest expenses

Indian companies showed strong financial health. The interest coverage ratio reached a 12-quarter high in March 2025. This was due to better profit margins and lower interest costs. Operating margins improved because of cheaper raw materials. Earnings before interest and taxes grew faster than interest expenses. Corporate profitability and lending rates will influence future interest […]

RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry

Amitabh Chaudhry of Axis Bank believes India’s growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks’ entry signals confidence in India. New entrepreneurs will emerge, driving growth. Axis Bank addresses deposit challenges and focuses on strategic growth. The bank is open to microfinance opportunities and aims to improve […]