JSW Energy shares up 3%, rise for 2nd straight session: Here’s why
JSW Energy shares surged following the announcement of JSW Neo Energy’s acquisition of Tidong Power Generation for Rs 39 crore, supporting its 30 GW renewable energy target by FY 2030. Additionally, GE Power’s boiler business demerger into JSW Energy, with a share exchange ratio, further fueled investor optimism.
GST cuts, Fed rate action spark market optimism: Alok Agarwal
Alok Agarwal sees brighter prospects for Indian equities, citing tax reforms, GST cuts, and global easing as growth drivers. While trade talks with the US remain a hurdle, cooling valuations, resilient earnings, and emerging sectoral opportunities point to renewed investor confidence and potential FII inflows after earlier outflows.
Texmaco Rail & Engineering shares rally 4% on Rs 87 crore order win
Texmaco Rail & Engineering share price: Texmaco Rail & Engineering secured a fresh order worth Rs 86.85 crore from UltraTech Cement for BCFC wagons and a Brake Van, with delivery by March 2026. Recent wins, including contracts from RVNL and Leap Grain Rail Logistics, highlight strong momentum in the wagon and engineering segment.
Gold price steady after Fed rate cut, rebound from lows to open at Rs 1,09,365/10 g. Check key levels to watch
On Friday, gold and silver prices on the MCX rebounded from early lows, while international gold prices remained flat. The Federal Reserve’s rate cut failed to meet dovish expectations, leaving investors awaiting further cues on U.S. policy. Manoj Kumar Jain suggests specific trading ranges for gold and silver on the MCX, advising to sell silver […]
IT, banks or infra? Top sectors to watch after US Fed rate cut
Indian markets have recently reached new highs, fueled by GST rationalization and easing tariff concerns. However, sustaining this rally hinges on the return of consistent FPI buying. While DIIs have provided support, trade negotiations and earnings growth will be crucial factors.
Flat markets, GST cuts, and the next big bets: Aparna Shanker on where to invest now
Aparna Shanker suggests a balanced approach to equity allocation, highlighting the potential of GST cuts to boost consumption-oriented sectors. Auto, FMCG, and consumer durables are expected to benefit. While cautious on IT due to US market uncertainties, Shanker favors financial services, renewable energy, and infrastructure for long-term growth, recommending a diversified investment strategy.
Dollar steadies as investors consider post-Fed outlook, focus turns to BOJ meeting
The U.S. dollar remained stable in early Asian trading as investors awaited new catalysts following the Federal Reserve’s meeting. The dollar edged higher against the yen before the Bank of Japan’s policy decision, expected to maintain steady interest rates. Markets are closely watching for hints of future policy shifts, while political developments in Japan add […]
Asian stocks rise as global gauge hits new peak
Asian stock markets are performing well. US equity benchmarks reached new highs. This was supported by the Federal Reserve’s interest rate cut. Stocks in Japan and Australia increased. South Korea remained stable. The S&P 500 and other indexes achieved record highs together. The yen remained steady after Japan’s inflation slowed. The Bank of Japan’s rate […]
Sebi gives clean chit to Adani on Hindenburg allegations
Sebi has exonerated Gautam Adani and other Adani group companies regarding Hindenburg Research’s allegations of stock manipulation. The investigation, spanning from FY13 to FY21, found no evidence of fraudulent transactions or siphoning of funds. Sebi concluded that the transactions in question did not qualify as related-party transactions, thus not violating listing agreements.
Will Saatvik Green Energy IPO spark long-term value for investors?
Saatvik Green Energy, a solar module manufacturer, is planning an IPO. The company aims to raise ₹700 crore through fresh equity. It will use the funds to expand capacity and repay debt. An additional ₹200 crore will be raised through an offer for sale. The IPO will reduce promoter stake to 76.02%. Saatvik’s financials show […]