Auto or consumer? How DSP Mutual Fund’s Vinit Sambre is picking stocks after GST reforms
Vinit Sambre of DSP Mutual Fund anticipates a consumption revival fueled by GST, favoring autos, consumer durables, and lenders. While cautious on precious metals outperforming stocks long-term, he suggests equities will recover by late 2025. He highlights IT as a contrarian bet, expecting improved deal flows and growth amid light institutional holdings.
Gold scales new high as dollar weakens ahead of Fed meeting
Gold prices surged to a record high on Tuesday, buoyed by a weakening dollar ahead of the Federal Reserve’s anticipated policy meeting. Expectations of a near-certain interest rate cut by the Fed further fueled the rally. Meanwhile, SPDR Gold Trust reported an increase in its holdings, reflecting growing investor confidence in the precious metal. Elsewhere, […]
Oil steady as market weighs supply risk from attacks on Russian refineries
Oil prices remained stable after a previous session increase, influenced by concerns over potential Russian supply disruptions due to Ukrainian refinery attacks. Market sentiment was also affected by the U.S. Federal Reserve’s anticipated interest rate cut, which could stimulate fuel demand. Geopolitical tensions in the Middle East and progress in U.S.-China trade talks further contributed […]
Anand Rathi Share to launch Rs 745 crore IPO this month
Anand Rathi Share and Stock Brokers plans a ₹745-crore IPO launch this month. This marks the second company from the financial services group to enter the primary market. The IPO consists entirely of a fresh share issue. The company intends to allocate ₹550 crore from the proceeds to meet long-term working capital needs.
Asian stocks gain at open after Wall Street rally
Asian stocks saw modest gains following Wall Street’s record highs, fueled by anticipation of a Federal Reserve interest-rate cut this week. The S&P 500 surpassed 6,600 amid bets on Fed easing, while a TikTok deal and potential Trump-Xi talks also boosted sentiment.
JPMorgan to trim China, India share in EM bond index
JPMorgan Chase plans to reduce the influence of major bond issuers in its emerging-market index. This shift will re-route investment from countries like China and India. Smaller nations are set to gain from this adjustment. The change involves lowering the issuer cap to 9% by 2026. This move aims to balance regional exposure and boost […]
Railway stocks chug ahead on capex push, order wins
Railway stocks experienced a surge on Monday, fueled by substantial order wins and the government’s capital expenditure push. Ircon International and RailTel Corporation of India led the gains, driven by positive sentiment from recent project inaugurations and significant capex announcements. Analysts predict further near-term gains for select stocks, advising investors to exercise caution due to […]
Jio Platforms to benefit from Sebi rule cutting minimum IPO size
SEBI’s revised listing rules are poised to benefit Reliance Industries’ Jio Platforms, potentially streamlining its planned IPO in early 2026. The reduction in minimum IPO size for large companies and extended deadline for public shareholding requirements ease concerns about valuation discounts. This allows Jio Platforms to offer fewer shares initially, facilitating easier investor absorption and […]
Banks remain wary of NBFCs despite lower risk weights
Following the RBI’s restoration of risk weights, bank lending to NBFCs has slowed significantly, growing only 2.6% in the first four months of FY26. Banks are particularly cautious towards smaller NBFCs with high exposure to microfinance and unsecured loans.
Investor interest in stressed green power assets grows
Investor confidence in renewable energy is surging, driving up the value of distressed assets. Recent auctions of wind energy firms like Regen Powertech and Wind World (India) have seen bids exceeding reserve prices significantly, boosting lender recoveries. This renewed interest is fueled by India’s ambitious renewable energy targets and a turnaround in the power sector […]