Ceasefire calm sparks bargain hunting in beaten-down stocks
Following a US-Iran ceasefire, bargain hunters are cautiously investing in stocks heavily impacted by the West Asia sell-off. Sectors like aviation, travel, and oil marketing companies saw sharp rebounds, though analysts debate the sustainability of this recovery. Stronger investor interest is noted in quality large-cap stocks in banking, pharmaceuticals, and FMCG, which were less directly […]
TCS likely to log highest revenue growth in 9 quarters on weaker rupee
Tata Consultancy Services is poised to report a 4% sequential revenue growth for the March quarter, its highest in nine quarters, largely driven by rupee depreciation. Despite a negative investor sentiment towards the IT sector due to AI advancements and geopolitical tensions, TCS’s dollar revenue is expected to see a five-quarter high growth.
Investors not quite sure markets have passed the Strait of Hormuz
Markets are cautiously optimistic after a US-Iran ceasefire. Investors are watching fourth-quarter earnings and crude oil prices closely. Foreign institutional investors’ decisions will also shape market direction. While immediate conflict fears fade, domestic concerns like valuations and growth recovery may resurface. Corporate profitability faces pressure from higher energy costs and a weaker rupee.
Adani gets to schedule a hearing in SEC case, Group stocks surge
Adani Group stocks surged as Gautam Adani sought dismissal of a US SEC civil fraud case. Adani Green Energy led gains, jumping 12%. A US court granted Adani’s request to schedule a hearing on his plea to dismiss the case, citing lack of personal jurisdiction and failure to state a claim.
Fed minutes show growing openness to rate hikes at March meeting
In recent meetings, Federal Reserve officials mulled the idea of increasing interest rates as inflation rates climbed beyond target thresholds, influenced in part by the intensifying U.S.-Israeli conflict with Iran. Despite this, there is a strong expectation among many for rate cuts on the horizon.
Meta unveils first AI model from costly superintelligence team
In a bold leap into the future, Meta Platforms has introduced Muse Spark, the first artificial intelligence model crafted by its advanced superintelligence team. This launch is a clear signal of Meta’s intention to stand toe-to-toe with competitors in the accelerating AI arena. The company’s substantial financial commitment to AI innovation aims to transform user […]
RBI holds repo rate, flags supply chain risks to inflation & growth
The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions impacting inflation and growth. Projections for GDP and inflation remain within targets, though geopolitical uncertainty poses downside risks. Markets reacted positively to the news.
Pakistan stocks see biggest-ever surge after US-Iran ceasefire, KSE 100 jumps 12,000 points
Pakistan’s stock market surged sharply after a temporary ceasefire between the United States and Iran eased tensions. The rally triggered a trading halt amid volatility, reversing earlier losses, as improved sentiment and hopes of diplomatic progress lifted investor confidence.
The Big Review: Markets near bottom, selective opportunities emerging for FY27
HDFC Securities report highlights India’s macro stability despite global risks, with steady growth, moderating inflation and controlled fiscal trends. Earnings may grow modestly, valuations are cooling, and markets near a bottom, offering selective opportunities supported by domestic liquidity and retail participation.
Iran war ceasefire fails to bring FIIs to India, Rs 2,811 crore sold as caution lingers
Indian equities rallied sharply after easing geopolitical tensions and falling oil prices, boosting sentiment and rate-sensitive sectors. Despite this, foreign investors continued selling, reflecting caution. Stable policy and improving macro conditions support outlook, but sustainability depends on earnings, oil trends and global developments.