Zydus Lifesciences shares surge 6% on buyback buzz
Zydus Lifesciences shares witnessed a spike on Thursday after the company said its board will meet on May 19 to consider a share buyback. The stock also gained momentum as Zydus announced a $166 million acquisition of US-based Assertio. Investor sentiment improved on expectations of capital return and strategic business expansion.
Rohit Singhania bets on financials, telecom and healthcare for alpha generation
Indian stock markets are becoming cautious. Geopolitical tensions and rising crude prices are impacting earnings outlook. Investors are in a ‘wait and watch’ mode. Higher commodity prices are starting to build pressure. Companies may raise prices, affecting demand and profits. Valuations are not yet attractive for aggressive buying. Largecaps are preferred amid uncertainty. Financials, telecom, […]
Trump-Xi meeting crucial for global economic stability: Shaun Rein
A high-stakes meeting between US President Trump and Chinese President Xi Jinping is closely watched for signs of stability amid escalating geopolitical friction. Market strategist Shaun Rein highlights the summit’s significance, noting that while trade and AI are key, the West Asia crisis may dominate discussions due to US reliance on China’s diplomatic leverage.
Adani Enterprises jumps 5% after Rs 1,435 crore block deal
Adani Enterprises shares surged over 5% following a substantial block deal worth Rs 1,435 crore. Despite a Q4 net loss, revenue climbed 20%, driven by infrastructure and utility segments contributing 80% of EBITDA. The company highlighted a stable, infrastructure-led business model poised for sustained cash generation and value creation.
Manufacturing exports, earnings revival and AI: Why Mukul Kochhar sees Indian market staying resilient
Strong Q4 earnings and a structural manufacturing export opportunity are fueling optimism in India’s equity markets, according to Mukul Kochhar. Despite geopolitical headwinds, robust corporate profitability and favorable trade agreements are expected to drive growth, with AI reshaping the IT sector’s future opportunities.
Last date to buy these 12 stocks for dividends, bonus issues and more. Do you own any?
Investors have until today to purchase shares in 12 companies, including SBI and IEX, to qualify for upcoming dividends, bonus issues, and stock splits. These corporate actions will become effective tomorrow, with eligibility determined by the record date. Several companies are offering significant dividends, while others are proceeding with bonus share issuances and stock splits.
What will a rupee at 100 per USD mean for economy and market investments?
The Indian rupee is nearing the Rs 100 per dollar mark, driven by rising crude oil prices and foreign investor outflows. This depreciation fuels imported inflation, complicates RBI policy, and creates uneven impacts across equity sectors. Investors are advised to focus on resilient businesses as currency volatility persists.
Kaynes Tech tanks 19%. Why JPMorgan and Nuvama downgraded EMS stock
Kaynes Technology shares plunged after the company’s Q4 results disappointed investors on multiple fronts, including a revenue guidance miss, weaker balance sheet metrics, and a sharp drop in profit. The stock fell to Rs 3,760.10 on the BSE as brokerages turned cautious following the earnings report.
Balrampur Chini, other sugar stocks fall up to 4%. Here’s why
Sugar stocks declined up to 4% on Thursday after India prohibited sugar exports with immediate effect until September 30. This move comes as domestic production is expected to fall below consumption for the second consecutive year, leading to the lowest stock levels since 2016-17. Exports under specific tariff rate quotas and the Advance Authorisation Scheme […]
Rupee hits record low of 95.85/USD as energy risk worries deepen
The Indian rupee reached an all-time low on Thursday, driven by elevated oil prices and continuous foreign portfolio outflows. This has created strain on India’s current and capital accounts, with the currency particularly vulnerable due to its heavy reliance on oil imports, especially if the Iran conflict persists.