Indian benchmark Nifty 50 opened the week under pressure, slipping from recent highs amid weakening market breadth and cautious investor sentiment. Analysts watch key support levels as the index navigates potential deeper declines or rebounds. Nifty 50 started the week…
Nirmal Bang raises target price and praises the company’s expanding non-truck businesses, suggesting a more resilient earnings profile amid a successful Q1 performance. Nirmal Bang has kept a buy rating on Ashok Leyland after the commercial vehicle maker’s latest quarterly…
ICICI Securities maintains an ‘Add’ rating and unchanged Rs 1,400 target as Voltas reports a robust June quarter driven by increased demand and better profitability, sparking renewed broker interest amid cautious market sentiments. Voltas drew renewed broker interest after ICICI…
Indian equities opened lower on Monday amid ongoing concerns over Middle East conflicts and a mixed macroeconomic backdrop, with domestic and foreign investors navigating global uncertainties. Indian shares opened lower on Monday as renewed worries over Middle East tensions kept…
Indian equities opened lower on Thursday amid volatile trading influenced by weak global cues and geopolitical concerns, while domestic institutions continued to support the market amid cautious currency movements. Indian shares started the day on the back foot on Thursday,…
Fascinate Textiles has extended its initial public offering period until 19 August 2026, amid a surge in SME textile listings seeking capital for growth and expansion, highlighting continued investor interest in the sector despite liquidity challenges. Fascinate Textiles’ initial public…
Despite recent pressures, analysts see potential for significant upside driven by new capacity additions and diversified product mix, signalling a promising turnaround for Flair Writing Industries in the coming fiscal year. Flair Writing Industries has come under pressure in recent…
Gold prices rise to a two-month peak supported by a softer US dollar and lower inflation expectations, with traders eyeing energy prices and Federal Reserve signals for further gains amid geopolitical and economic uncertainties. Gold prices climbed at the start…
Mumbai-based Purple Style Labs aims to raise Rs 660 crore through a pure fresh issue, leveraging its fast-growing multi-brand luxury platform and expanding international client base, as it targets profitability amid a competitive Indian market. Purple Style Labs is preparing…
Shares of Saatvik Green Energy fell sharply following a significant drop in quarterly profits, contrasting previous strong growth, as the company reports weaker-than-expected operating trends despite expanding its manufacturing capacity and product offerings. Saatvik Green Energy fell as much as…
Indian government bond yields are expected to edge higher following the Reserve Bank of India’s surprise decision to wind up its concessional foreign-exchange swap window for diaspora deposits a month early, potentially weakening bond market sentiment. Indian government bond yields…
The Reserve Bank of India stepped into the forex market to limit losses as the rupee faced prolonged weakness amidst rising oil prices, trade shocks, and geopolitical tensions, highlighting an active foreign-exchange policy. On Monday, the rupee came under pressure…
