Attractive valuations emerging, but oil prices hold the key: Aman Chowhan
Indian equities are experiencing a sharp correction due to geopolitical tensions, with valuations becoming attractive. However, elevated oil prices and conflict duration pose significant risks, potentially impacting trade deficits and currencies. Investors are advised to focus on reasonably valued stocks, with engineering, EPC, and IT midcaps showing promise.
RPSG shares rocket 20% after RCB’s Rs 16,600 crore deal lifts valuation benchmark for IPL teams
Shares of RPSG Ventures rose sharply after United Spirits sold the Royal Challengers Bengaluru franchise for Rs 16,600 crore, setting a new benchmark for IPL valuations. The record deal has lifted sentiment for listed franchise owners, including RPSG’s Lucknow SuperGiants stake.
“Bottom likely in place”: Rohit Srivastava bets on near-term market upside
Indian markets are experiencing a strong rally, sparking optimism. Technical indicators suggest a possible shift in momentum. Experts believe a short-term bottom may have formed, creating favorable risk-reward for buyers. Banking stocks are also showing strength. While real estate has seen gains, its long-term outlook remains uncertain. The market appears poised for further upside in […]
Vivid Electromech IPO: Check price band, GMP, other details
Vivid Electromech’s IPO, aiming to raise Rs 130.54 crore, opened for subscription on Wednesday. The company plans to utilize funds for a new manufacturing unit, debt repayment, and working capital. The issue includes both fresh equity and an offer for sale by promoters. Grey market indicators suggest a flat listing.
Retail investors cut holdings in 14 midcaps; stocks fall up to 45% in 6 months
Retail investors trimmed stakes in 96 Nifty Midcap 150 stocks amid weak performance, with many declining sharply over six months, signaling fading confidence and cautious sentiment toward select midcap companies.
Indian currency, Indian bonds, Indian equities are all cheap now: Manish Chokhani
Indian markets are showing signs of recovery after a significant selloff. Experts suggest that Indian currency, bonds, and equities are currently undervalued. Hopes for a ceasefire in the Middle East conflict have led to a drop in oil prices. This development is expected to calm market volatility and potentially trigger a buying spree.
Construction cost of realty projects may rise up to 5% in 2026 due to high labour rates: JLL
Construction costs in India are projected to climb 3-5% this year due to rising input prices, including labour. While some material costs saw minor dips, others surged. New labour codes and skilled worker shortages are significant drivers. Despite these pressures, underlying housing demand remains robust, with industry players focusing on cost optimization.
NFO Insight: Will JioBlackRock Large Cap Fund’s combination of human insight & AI help manage market risk?
JioBlackRock Mutual Fund has launched its Large Cap Fund, aiming to generate long-term capital appreciation by investing predominantly in large-cap companies. The fund employs an active strategy combining human insight with AI and machine learning for stock selection and risk management. Experts advise a cautious approach to NFOs, suggesting a wait-and-watch strategy to assess performance […]
3 growth juggernauts can power 24% surge in Solar Industries shares, says Elara after initiating with Buy
Elara Capital has initiated coverage on Solar Industries with a ‘Buy’ rating and a target price of Rs 15,450, forecasting a 24% upside. The brokerage highlights three key growth drivers: a booming defence portfolio, aggressive global expansion across 90 countries, and a robust Rs 2,200 crore capital expenditure plan.
HPCL, BPCL, IOC shares rise 2%, extend gains as crude oil falls below $100 on rising hopes of Iran war ceasefire
Shares of Hindustan Petroleum, Indian Oil, and Bharat Petroleum enjoyed a boost on Wednesday, as falling crude oil prices set a positive tone. Amid rising hopes for a ceasefire in the Middle East, oil fell sharply by over 5%, bringing Brent crude futures down to $98.28 a barrel and U.S. West Texas Intermediate crude to […]