Fed stays cautious, but tariff impact could spike inflation: Peter Cardillo
Trade tensions are back in focus. Markets show signs of worry about tariffs. President Trump may impose additional tariffs. This could lead to inflation. The Fed’s cautious stance adds to market concerns. A slow period for stocks is expected. Unless tariff policies change, a difficult period is anticipated. Investors are watching closely for developments.
Jefferies upgrades Swiggy to buy with Rs 500 target price but calls it high risk-high reward play
Swiggy shares slipped 4% after Q1 losses doubled, but Jefferies upgraded the stock to ‘Buy’ with a Rs 500 target, citing a likely bottom in profitability. The brokerage expects easing competition and a pause in dark store expansion to aid recovery, though volatility may persist due to Swiggy’s low-margin base and high-risk profile.
Bridgewater founder Ray Dalio sells remaining stake in hedge fund
Ray Dalio has sold his remaining stake in Bridgewater Associates. He founded the hedge fund 50 years ago. Brunei Investment Agency has acquired a minority stake in the firm. Dalio resigned as CEO in 2017. He handed over control in 2022. Bob Prince is now Bridgewater’s biggest individual partner. The firm is controlled by a […]
Ashish Kacholia-backed Shree Refrigerations shares to list today. GMP hints at healthy debut
Shree Refrigerations is set for a strong debut on the BSE SME platform, with grey market premiums suggesting a listing price of around ₹195, a 56% jump over the IPO price of ₹125. The IPO saw overwhelming investor interest, subscribing 187.55 times overall.
The Golden Thumb Rule: Medical inflation is a silent threat—PGIM India’s Ajit Menon urges investors to plan proactively
Medical inflation poses a significant threat to retirement security, often underestimated in financial planning. Ajit Menon emphasizes the importance of early planning, adequate health cover, and disciplined investing to achieve financial freedom. He also suggests prioritizing health and purpose in retirement, advocating for a shift in mindset towards viewing it as ‘financial freedom’ rather than […]
Flysbs Aviation IPO to open with strong buzz as GMP soars to 86%
Flysbs Aviation’s IPO is set to open on Friday. Investor interest is high, indicated by a strong grey market premium. The IPO aims to raise Rupees 102.53 crore through a fresh issue of shares. The company plans to use the funds for aircraft acquisition and debt repayment. Flysbs Aviation focuses on private jet operations.
Dollar strong as Trump imposes new tariff rates; yen sinks to four-month low
The dollar is having a great week against other currencies. This happened after US President Donald Trump announced new tariffs. The Japanese yen fell to a four-month low. The Canadian dollar also dipped. The euro remained low due to trade issues with Washington. Despite Trump’s criticism of Federal Reserve Chair Jerome Powell, the dollar stayed […]
Asian stocks decline, Swiss Franc dips on tariffs
Asian stocks experienced a sixth consecutive day of losses due to President Trump’s announcement of new tariff rates, overshadowing positive earnings from major tech companies. The tariffs, impacting countries with trade surpluses, introduce uncertainty and policy unpredictability, making business planning difficult. While some tariffs were anticipated, others came as a surprise, affecting various nations’ exports.
How will Trump’s 25% tariffs affect India’s key sectors?
Indian markets reacted negatively to US tariffs. Donald Trump imposed 25% tariffs on India. Most sectoral indices closed lower. Textiles, automobiles, oil & gas, and pharmaceuticals are likely to be affected. Textile stocks could face pressure. There is ambiguity on the auto sector impact. Oil & gas sector also faced a drop. Pharma sector also […]
HUL surges 3.5% on strong Q1 show, margin recovery in sight
Hindustan Unilever’s stock rose 3.5% after reporting June quarter results that exceeded expectations, despite a slight dip in Ebitda margin due to increased advertising. Sales volume grew by 4%, with underlying sales growth reaching 5%. The company anticipates sustained business momentum, driven by price increases and stable input costs, expecting Ebitda margins to remain between […]