Gold’s shine is intact despite choppy prices, says HSBC. Here’s why
Despite elevated prices, central banks are unlikely to significantly scale back purchases, HSBC said. The report notes that the primary motivations include diversification and long-term hedging against geopolitical, macroeconomic, and policy risks
RBI intervention hoists rupee, but bearish undercurrent persists
The Reserve Bank of India likely intervened before the local spot market opened on Monday, and intermittently thereafter, helping the currency hold above its all-time low, traders said
35 stocks to buy from 11 sectors: All high conviction picks from Axis Securities put together after Q2
Axis Securities remains constructive on real estate, backed by rising pre-sales, stronger balance sheets and premium housing momentum. Its top picks include Prestige Estates Projects and Signature Global, both beneficiaries of sustained demand recovery and aggressive expansion plans.
Sebi introduces threshold-based framework to determine materiality of related party transactions
Apart from the materiality threshold, Sebi has relaxed the minimum information required to be furnished to the audit committee and shareholders for RPT approvals
The irony of predicting markets: Nithin Kamath flags an expensive mistake traders can’t do without
Zerodha co-founder Nithin Kamath highlights that traders often overestimate their ability to predict markets, emphasising the gap between knowledge and action. Drawing from a podcast discussion with veteran US derivatives trader Tom Sosnoff, he notes that experience does not guarantee forecasting ability, and trading based on conviction rather than probability can lead to losses.Zerodha co-founder […]
Markets hold firm as monthly expiry nears; Union Bank and Adani Port among top picks: Dharmesh Shah
Indian stock markets are near record highs. Analysts suggest buying on dips, expecting support around 25,600 to 25,800. The market is outperforming global peers. Banking, auto, and IT sectors are favored. Union Bank and Adani Port are highlighted as potential stock picks. Investors are advised to use volatility for portfolio building.
New labour laws may put India on a pro-business growth path: Karthikraj Lakshmanan
New labour reforms are reshaping India’s economic outlook. Manufacturing is seen as a key growth area, benefiting sectors like pharma and autos. Global markets, especially the US, present risks, but emerging markets, including India, offer better entry points. Investors are advised to be selective, focusing on fundamentals and avoiding overvalued sectors like FMCG and power […]
IT valuations back to Pre-Covid levels, long-term case strengthens: Karthikraj Lakshmanan
Attractive valuations in the IT sector are drawing investor attention despite patchy short-term fundamentals, with outsourcing opportunities remaining intact. Consumer durables and retail stocks show continued potential driven by urbanization and a growing middle class. Private banks are also appealing due to attractive valuations and stable asset quality, with earnings expected to recover.
BSE shares sprint 15% in a month, hovering near record high. Is there more upside left?
BSE shares have jumped 15% in the past month and now sit just 6% below their record high of Rs 3,030. The stock has rebounded nearly 50% from its late-September low as concerns over possible F&O curbs eased. After sliding sharply due to regulatory uncertainty, the exchange has staged a strong comeback, drawing renewed investor […]
Explained: What India’s new labour laws mean for Eternal, Swiggy investors
India’s new labor code, effective November 21, imposes a new cost burden on food delivery giants Swiggy and Eternal, potentially impacting margins by up to 70 basis points. The regulation mandates contributions to a social security fund for gig workers, leading to an estimated financial hit for both companies and potential stock volatility as investors […]