Reliance Power shares down 31% in 1 month. Should you buy the dip or steer clear?
Reliance Power shares have plummeted 31% in a month amid regulatory scrutiny and Anil Ambani’s ED questioning over alleged loan fraud. Technical indicators signal a bearish trend, with the stock trading below key moving averages. Analysts advise caution, suggesting investors avoid new entries and consider exiting existing positions until stability is confirmed, given the ongoing […]
Dip buyers likely to step in despite global uncertainty: Ajay Bagga
Market expert Ajay Bagga highlights potential market triggers. These include Donald Trump’s tariff announcement on India and the Reserve Bank of India’s Monetary Policy Committee meeting outcome. He anticipates possible volatility but expects dip buyers to emerge. Bagga notes domestic investors’ resilience and suggests potential benefits from GST cuts and LTCG tweaks.
Liquidity still a challenge, but corporate bond market progressing with policy push: Hajra
India’s corporate bond market is steadily growing, reaching ₹47 trillion, driven by high-rated entities, while regulatory reforms address liquidity issues. Despite FII outflows and IPO deal declines, strong domestic flows and resilient economic fundamentals support market optimism. Opportunities arise in sectors linked to domestic demand, with smart money favoring companies with solid financials.
Zerodha’s new mutual fund has 40% exposure in golds & bonds. CEO Vishal Jain explains why
Zerodha Fund House introduces a Multi Asset Passive FoF. It allocates to gold, G-Secs, largecap, and midcap ETFs. This fund simplifies investing across asset classes. It suits beginners and those wanting portfolio consolidation. The fund aims for long-term, risk-adjusted returns. Zerodha emphasizes simplicity and accessibility through tech solutions. They foresee growth in thematic ETFs but […]
Takyon Networks IPO listing today. Check GMP ahead of debut
Takyon Networks is set to launch on the Bombay Stock Exchange SME platform on August 6. The initial public offering saw a good response. However, the grey market premium is zero. Shares are expected to debut around Rs 54. The IPO was subscribed 21.77 times overall. The company plans to use the funds for working […]
Gold extends gains on rate cut hopes, markets eye Fed appointments
Gold prices increased for the fifth day. This rise is due to possible lower interest rates in the United States. Investors are awaiting President Trump’s decision on Federal Reserve appointments. Trump plans to announce a replacement for Adriana Kugler and his pick for the next Fed chair. Trade tensions between the U.S. and India are […]
Dollar drifts as investors await Fed governor replacement
The dollar remained rangebound as investors awaited President Trump’s Federal Reserve Board nominee. U.S. services sector activity flatlined in July, highlighting the impact of tariffs. Despite this, the dollar’s movements were muted, with traders hesitant to take positions before the Fed announcement.
Will the RBI cut rates following US jobs data disappointment?
Following weak US jobs data, the likelihood of an RBI repo rate cut has grown, fueled by anticipation of a potential Fed rate cut in September. Despite some traders leaning towards a rate cut, the RBI’s Monetary Policy Committee is expected to maintain a pause with a neutral stance.
Asian stocks cautious as US data clouds Fed path
Asian stocks displayed mixed performance following weak US services data, creating uncertainty about the Federal Reserve’s policy. Investors are anxious about the Fed’s next move, as economic data complicates balancing inflation control and sustaining growth. Chinese markets will be in focus amid trade deal hopes.
Localized US manufacturing may shield Welspun from tariff impact: MD
Welspun Corp’s shares dipped after US tariffs despite the company’s localized US production, which MD Vipul Mathur believes will benefit them. Fueled by a strong order book and global expansion, the company’s stock has seen significant gains over the past year. Welspun is expanding in Saudi Arabia and India, projecting substantial revenue and operating profit […]