Hot Stocks: 3 stocks that may give returns between 22-36%
Analysts predict significant returns for NTPC, Ather Energy, and Varun Beverages. CLSA projects a 35.4% upside for NTPC, citing continued re-rating. NUVAMA initiates coverage on Ather Energy with a buy rating, anticipating strong growth in the EV sector. HSBC reiterates a buy rating for Varun Beverages, forecasting a 22.6% upside due to attractive valuations and […]
Rupee may hit record lows following US tariff shock
The Indian rupee is anticipated to decline further, potentially reaching historic lows, after the U.S. imposed 25% import tariffs on India. This decision by President Trump led to a weaker rupee in offshore markets, signaling a potentially weak opening in the local spot market.
Maximize Your Returns: Can multi-asset funds outperform traditional equity investments?
A Franklin Templeton study reveals that a diversified portfolio with 50% equity, 25% debt, and 25% gold has provided competitive returns with lower volatility over the past decade. Multi-asset funds, investing in equity, debt, and commodities, offer investors a way to achieve equity-like returns with greater consistency and reduced risk compared to pure equity funds.
Vedanta Resources seeks investor nod to prepay $550-million debt
Vedanta Resources aims to prepay a $550 million private credit facility by raising $700 million from banks like Barclays and Standard Chartered, seeking investor consent for early repayment. This refinancing targets a lower interest rate, around SOFR + 400-500 basis points, significantly reducing borrowing costs.
How will Trump’s tariff announcement impact Indian stock market?
Indian equities are expected to decline following Trump’s tariff announcement, as indicated by a drop in GIFT Nifty futures. Nilesh Shah of Kotak Mahindra AMC anticipates a negative market reaction, despite expectations of a trade deal due to aligned US-India strategic interests. Export-oriented sectors are likely to face the most significant impact.