US Stock Market Today | Dow Jones | Nasdaq Live: S&P 500, Nasdaq futures edge up as investors weigh Iran war developments
Dow Jones Today | Nasdaq | S&P 500 | US Stock Market Live Updates: At 7:13 a.m. ET, Dow E-minis were down 62 points, or 0.13%, S&P 500 E-minis were up 4.5 points, or 0.07%, and Nasdaq 100 E-minis were up 75 points, or 0.31%. Prolonged closure of the Strait of Hormuz, an essential chokepoint […]
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of high crude oil prices. The brokerage also reduced India’s GDP growth estimate and warned of a severe downturn in a worst-case scenario. Despite this, a resolution to the Iran conflict […]
RBL Bank shares jump 4% after exceptional Q4 update, RBI’s approval for Emirates NBD’s 74% stake acquisition
RBL Bank shares rose sharply on Monday after strong Q4 business numbers and the RBI’s nod for Emirates NBD to acquire up to 74% stake in the bank. Robust deposits and loan growth boosted sentiment, with the lender crossing Rs 2.5 lakh crore in total business. Analysts remain positive amid exceptional momentum.
Pharma, Auto, and IT: Pankaj Pandey shares sectoral insights amid global challenges
Pankaj Pandey shares insights on Indian sectors facing US tariffs. He sees limited impact on pharma growth but potential benefits for Jubilant Pharma and Piramal Pharma. Sun Pharma’s domestic capex is a positive. The auto sector shows robust volume growth and price hikes, with PV and two-wheeler players like Maruti Suzuki, M&M, TVS, Eicher, and […]
Aditya Shah sees PSU banks, SBI and HDFC as key picks amid volatility
India’s banking sector demonstrates resilience with steady loan and deposit growth, particularly from private lenders like HDFC Bank. While concerns about margins and global risks persist, the micro-lending cycle has bottomed out, and public sector banks are poised for continued strong performance. Investors are advised to balance opportunities with caution.
“Start accumulating, worst is priced in”: Nischal Maheshwari on market strategy
Market expert Nischal Maheshwari believes current market volatility offers a chance for long-term investors. He advises accumulating stocks gradually, seeing declines as buying opportunities. Banking stocks, especially private lenders, are highlighted for their attractive valuations. While IT offers a short-term trading gain, investors should avoid high-valuation stocks. A disciplined approach is key for navigating the […]
Gold below Rs 1.5 lakh, silver down Rs 2,000 on dollar strength, Trump’s power plant threat to Iran. What should investors do?
Gold and silver prices dipped on Monday amid a stronger dollar and escalating Middle East tensions, dampening hopes for U.S. Federal Reserve rate cuts. Traders are now largely discounting any rate reductions this year. Experts advise caution, suggesting profit-booking on rallies and waiting for dips to initiate fresh positions.
Wipro shares gain 3% after bagging Olam deal worth more than $1 billion
Wipro Limited share price surged 3% following a significant deal with Olam Group. This multi-year strategic transformation contract is valued at over one billion dollars. Wipro will also acquire Olam’s IT division, Mindsprint. The partnership aims to enhance Olam’s operations across its entire value chain. This engagement marks a major expansion for Wipro in the […]
Negative Breakout: These 10 stocks cross below their 200 DMAs
In the Nifty500 pack, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on April 2, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates the stock’s price is below its long-term trend line. The 200 DMA is used as a key […]
Safety Controls IPO opens today. Check GMP, price band, subscription and other details
Safety Controls and Devices’ Rs 48 crore IPO opened with a flat grey market premium, signaling cautious investor sentiment. The company, an EPC player in substations and solar projects, aims to raise funds for working capital and debt repayment. Despite a solid anchor investor base and government-linked projects, execution risks and SME liquidity are key […]