Nifty may resume uptrend soon; IT stocks could see short-term gains: Rohit Srivastava

Indian markets are poised for a fresh rally soon. A recent pullback is seen as a brief pause before the next upward move. The IT sector is experiencing a temporary bounce due to earnings optimism and oversold conditions. Investors should view market dips as buying opportunities. Sector rotation is expected to continue as the overall […]

Banks set to impress in Q2, ECL phasing gives comfort to financials: Ashwini Agarwal

Banks and financials are poised for strong earnings this season, with reasonable valuations and benign credit costs fueling loan growth. Analysts anticipate positive news for both banks and NBFCs. Consumer sentiment is also showing signs of revival, particularly in discretionary spending, potentially extending beyond a short-term rebound.

Monsoon and crop risks remain key to price volatility ahead: Pushan Sharma

Grocery prices for staples like tomatoes, onions, and potatoes are declining due to a high base effect from last year’s production issues. While edible oils have seen a spike, their impact on the overall food plate is limited. Consumers can expect subdued food inflation in the coming months, though rising energy costs and monsoon uncertainties […]

Dollar rallies as US shutdown drags on, weighing on confidence

The U.S. dollar surged to a six-week peak as escalating government shutdown fears drove investors towards safe-haven assets. Gold prices hit new highs amid global economic uncertainty. Meanwhile, the yen weakened against the dollar on speculation about Japan’s new prime minister’s economic policies. Central bank decisions from New Zealand and the U.S. Federal Reserve are […]

Scotch whisky in spotlight as UK PM Keir Starmer begins India visit

British Prime Minister Keir Starmer is in India to promote Scotch whisky sales. A new trade deal is expected to significantly boost exports. This agreement will lower import tariffs on Scottish products. The deal aims to increase trade and create jobs in the UK. It is seen as a major opportunity for Scotland’s economy and […]