Average lending rates on new loans firm up
January saw Mumbai’s new rupee-loan rates climb, propelled mainly by state-owned lenders. By contrast, rates on existing loans dipped slightly and deposit rates declined a touch. The move unfolds in the RBI’s policy backdrop, after its prior repo-rate reduction.
Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore
The Government of Singapore, HDFC Mutual Fund and the Monetary Authority of Singapore bought promoter shares worth thousands of crores in Vishal Mega Mart as Samayat Services LLP offloaded a 14% stake via bulk deals. The stock fell despite solid quarterly profit and revenue growth.
Block shares soar 16% as Jack Dorsey leans on AI to trim workforce
Block shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operations.
Dell shares jump 17%, hit 3-month highs on forecast to double AI server revenue
Shares of Dell Technologies jumped 17.5% on Friday after the company forecast revenue from its AI server business will double in fiscal 2027, underscoring surging demand for infrastructure catering to artificial intelligence.
CoreWeave slumps 15% as doubling capital expenditure sparks margin concerns
Shares of CoreWeave slumped around 15% on Friday, after the company’s plans to double capital expenditure this year stoked investor concerns about margin pressure and effective returns from its artificial intelligence push.
Netflix shares surge 9% as investors cheer decision to exit Warner Bros race
Netflix jumped more than 9% on Friday as investors applauded its decision to exit the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood’s most prized assets.
Short-term traders should stay cautious; more weakness likely ahead: CA Rudramurthy BV
Indian stock markets faced a turbulent week. The Nifty index dropped below 25,300, a key support level. Bank Nifty also weakened, adding to market concerns. Experts suggest this indicates a potential for further declines in the short term. Investors are advised to be cautious and selective in their approach.
Strong growth and subdued inflation keep India in sweet spot: Aurodeep Nandi
India is experiencing robust economic growth alongside subdued inflation, a rare “goldilocks” scenario. Nomura’s Aurodeep Nandi highlights easing headwinds, supportive policy, and stable core inflation, projecting continued expansion. While rate cuts are unlikely, the RBI retains flexibility, and the rupee faces moderate volatility.
Nischal Maheshwari bets on PSU banks, flags microfinance reset as structural positive
Market expert Nischal Maheshwari advocates a selective, valuation-conscious strategy across sectors like microfinance, banks, metals, autos, power, and defence. He highlights opportunities in PSU lenders and commercial vehicles, while cautioning on metals and defence stocks due to current valuations and volatility. Maheshwari also notes structural demand in data centres and a positive outlook for autos.
360 ONE’s Mayur Patel spots opportunities in 4 sectors for your FY27 portfolio
Mayur Patel of 360 ONE Asset Management sees improving structural drivers in financials, telecom, commercial vehicles, and integrated solar manufacturing, which are not fully valued for their medium-long term earnings. He highlights easing liquidity, trade deal benefits, and potential for revived foreign flows, while cautioning on AI disruption in IT services and rich valuations in […]