Defence, Power themes attract interest, but challenges persist: Anand Tandon
Equity markets have seen a rapid recovery, surprising many investors. Despite this rebound, concerns about high valuations and unresolved geopolitical tensions persist. Experts advise caution as the market reaches pre-tension levels without these issues being sorted.
Selective investing the way forward as AI, valuations reshape market trends: Dipan Mehta
Dipan Mehta advises caution on large-cap IT due to AI disruption, favoring midcap players like Persistent Systems and Tata Elxsi. While Trent shows momentum, high valuations warrant tempered expectations. Seasonal plays like cooling solutions, exemplified by Symphony, present a potential opportunity amid a hot summer.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on April 22, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a […]
Oil Price Today (April 23): Crude oil prices cross $100 again as Iran war ceasefire talks show no progress. $120 in sight?
Oil prices are rising again. Peace talks between Iran and the United States are stalled. Trade through the Strait of Hormuz remains restricted. Iran seized two ships in the strait. The US maintains its naval blockade. Analysts predict prices could stay high. Disruptions may push Brent prices even higher. The market faces ongoing uncertainty.
Oil prices edge lower with no progress on US-Iran talks, Hormuz shipping still disrupted
Oil prices saw a minor dip on Thursday following significant gains. This movement occurred amidst stalled peace talks between Iran and the United States. Both nations continue to restrict trade through the vital Strait of Hormuz. U.S. oil exports reached a record high as global demand increased due to disruptions linked to the Iran war.
Global Market Today: Asian stocks fluctuate at open, oil stays above $100
US stock futures fell as oil prices climbed due to Iran war worries. Asian shares saw mixed movements. US stocks had previously reached record highs. President Trump’s ceasefire extension eased tensions. However, stalled peace talks and Strait of Hormuz closures keep energy prices high. Strong corporate profits and AI demand are supporting the market.
Upstream oil and gas producers to shine in Q4, but OMCs and gas distributors face profit squeeze
Oil producers anticipate robust earnings for the March quarter due to soaring crude prices. Conversely, fuel retailers and city gas firms face weaker results. Higher crude oil prices boost producer profits. Stable fuel prices pressure marketing margins for companies like IOCL, BPCL, and HPCL. Gas utilities grapple with supply disruptions and higher LNG costs.
Private banks to see a higher rise in NPAs than public peers in FY27
Private banks anticipate a faster rise in bad loans by FY27 compared to public sector banks. This trend is driven by increased exposure to unsecured retail and MSME loans. Stress is growing in these segments, impacting the rural economy. The West Asia conflict adds uncertainty, with potential job losses in the IT sector being monitored […]
Trent’s speedy expansion may be taking a toll on its fashion biz
Trent’s revenue grew well, but its fashion business saw slower sales in newer cities. The company plans to raise funds for expansion. Online sales growth also moderated. Operating margins have improved significantly. Trent’s stock has risen, with future performance depending on expansion execution.
PNB Housing Finance targets 18–20% loan growth, bets on affordable segment
PNB Housing Finance anticipates strong loan portfolio expansion of 18-20 percent this fiscal year. The company aims to reach a significant loan book of one lakh crore rupees by FY27. This growth will be fueled by a strategic focus on affordable and emerging market segments. Recoveries from written-off loans are expected to maintain benign credit […]