Bitcoin hits new record high at $112,737.08
Bitcoin surged to a new all-time high, rising 1.77% to $112,737.08 on investor optimism and growing institutional interest.
Tata Elxsi Q1 Results: PAT plunges 22% YoY, revenue falls 3.7% on macroeconomic headwinds
Tata Elxsi posted a 22% year-on-year fall in Q1FY26 net profit to ₹144 crore and a 3.7% drop in revenue due to macroeconomic headwinds and client-specific challenges.
Ranbir Kapoor invests Rs 15 crore in ‘Ramayana’ production house, stock up over 90% since April
Ranbir Kapoor has reportedly invested about Rs 15 crore in Prime Focus, acquiring 12.5 lakh shares at Rs 120 each following shareholder approval for a preferential equity allotment.
Technical setup signals near-term pain, but momentum may return next week: Rahul Sharma
Rahul Sharma of JM Financial Services suggests Nifty futures are range bound. A downward slide is expected, possibly reaching 25,200. Crossing 25,550 could bring fresh momentum. IT sector outlook remains cautious, awaiting TCS results. Banks and financials are expected to perform well. Jio Finance is a top pick for a short-term trading buy with a […]
Motilal Oswal see 4% downside for Bharat Dynamics, starts coverage with neutral call amid lofty valuations
Motilal Oswal has initiated coverage on Bharat Dynamics with a ‘neutral’ rating and a target price of Rs 1,900, citing stretched valuations. While upbeat on its export momentum, order book, and earnings growth, the brokerage prefers lower entry points amid limited near-term upside.
Gold prices near 1-week low at 96,549/10 grams amid tariff war. Should you buy the dip?
Gold prices saw slight gains, supported by a weaker dollar and bond yields. Investors closely watched trade talks. Silver futures also opened higher. Earlier, both metals settled weaker domestically but showed mixed performance internationally. Price volatility was high. Fed’s meeting minutes offered no surprises. Rate cut possibilities are there. US dollar index slipped.
REC, PFC shares rally up to 3% after Morgan Stanley initiates coverage with overweight rating
The global brokerage has assigned a price target of Rs 485 for REC and Rs 508 for PFC, indicating potential gains of 23% and 21%, respectively, from their last closing prices.
Get into mid and smallcaps with a slightly longer-term horizon compared to largecaps: Harsha Upadhyaya
Kotak AMC’s Harsha Upadhyaya suggests a stock-specific, bottom-up approach, favoring large-caps due to valuation. While positive on financials amid macro improvements, he highlights the long-term potential of the defense sector, particularly in aerospace and electronics. Upadhyaya anticipates modest earnings growth and a potentially range-bound market for the next few quarters.
Tariff fears hit pharma, but long-term story remains intact: Krishnan VR
Krishnan VR suggests investors be selective and valuation-aware amidst uncertainties, favoring companies with strong earnings growth. Recent RBI actions benefit fixed-rate loan providers like vehicle financiers. While IT faces sentiment-driven derating, pharma confronts tariff issues. A shift towards quality and defensive investing is anticipated as government capex moderates.
ETMarkets Smart Talk: Fixed income still has a place in FY26 – 15–20% allocation ideal for most, 70% for seniors, says Aamar Deo Singh
Aamar Deo Singh from Angel One suggests fixed income allocation for portfolio stability. He recommends 15-20% for average investors and 70% for senior citizens. Nifty shows resilience despite global tensions. Sectors like financials, defence, and capital goods may shine. Investors should be cautious with small and midcaps. Gold has performed well and should be part […]