Stagflation risks rise as oil prices threaten global growth outlook: Peter Cardillo
Global economic outlook darkens with stagflation fears as energy prices fuel persistent inflation. Experts warn central banks may keep interest rates high longer than anticipated. Geopolitical tensions, particularly concerning Iran, are prolonging market uncertainty and could push oil prices back into triple digits, impacting global economic stability.
Go Digit Insurance shares jump 9% after Rs 100 crore block deal attracts MFs, global investor
Go Digit General Insurance shares saw a significant jump. This surge followed a Rs 100-crore block deal. Aditya Birla Sun Life Mutual Fund and JPMorgan Taiwan Eastern Technology Fund acquired shares. Peak XV Partners Growth Investments III was the seller.
Feroze Azeez sees better risk-reward in equities than gold despite global uncertainty
HDFC Mutual Fund’s new investment limits on gold ETFs and funds are sparking debate on investor behavior and asset allocation. Expert Feroze Azeez suggests the move aims to curb investors buying gold after sharp rallies, highlighting a historical pattern of purchasing assets at peak valuations. He advocates for a shift towards equities, citing their better […]
Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision
The rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the RBI’s liberalization of FPI investment norms in government securities. This move, coupled with the central bank’s assertion of robust forex reserves, boosted investor confidence. The RBI also maintained its repo rate at 5.25% and adjusted GDP and inflation projections.
Adani Ports shares snap 2-day fall, rise over 1% after Goldman Sachs raises target price
Shares of Adani Ports saw an uptick on Friday after Goldman Sachs reaffirmed its ‘Buy’ rating and raised the target price to Rs 1,870. Strong cargo volume growth, recovery in thermal coal volumes, Vizhinjam hub expansion, and improving returns prompted the brokerage to upgrade earnings estimates and outlook.
Bottom-up stock picking key for outsized returns in current market: Sunny Agrawal
Geopolitical tensions keep markets on edge. Market expert Sunny Agrawal highlights mid and small-cap companies offer better wealth creation. He points to power infrastructure, auto ancillaries, and consumer durables as key sectors. Agrawal advises patient capital for EV bus opportunities. He sees Titan benefiting from organised retail shift. Consumer durables are entering a recovery phase.
Sensex rises over 200 points, Nifty above 23,400 as investors eye RBI MPC meet outcome
Indian stock markets are trading higher today. Sensex and Nifty are extending their gains for a second day. Investors are keenly watching the Reserve Bank of India’s Monetary Policy Committee meeting. Market analysts expect the RBI to hold interest rates but signal future hikes. This policy decision will influence banking, auto, and real estate sectors.
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocks
Invesco Mutual Fund’s Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing broad PSU rallies. He highlights smart money’s movement towards large-cap financials and IT services, anticipating earnings growth driven by credit expansion and AI adoption.
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 04, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is a key indicator traders use to determine the overall trend in a particular stock. As long as the stock is priced above […]
Oil Price Today (June 5): Crude oil holds ground as Iran peace deal uncertainty lingers. Where are prices headed?
Oil prices held steady on Friday following significant Thursday losses. Hopes for a quick resolution to the U.S.-Israeli conflict with Iran diminished after Hezbollah rejected a new ceasefire proposal. Despite this, both Brent and WTI crude benchmarks are on track for their first weekly gain in three weeks.