Latest Updates Around The World
Shares of Embassy Developments Ltd (EDL) were in the spotlight on Tuesday after the company received approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase I of its residential project, Embassy Serenity, at Alibaug in the Mumbai Metropolitan Region (MMR).The approval marks the company’s entry into the lifestyle and second home segment. Located […]
Oil prices were steady on Tuesday as investors assessed the risks of supply disruption after Iran conducted naval exercises near the Strait of Hormuz ahead of nuclear talks with the US later in the day. US President Donald Trump said on Monday he would be “indirectly” involved in the Geneva talks, adding that he believes […]
John Templeton once advised that the best investment opportunities often occur when pessimism is at its peak. This remains relevant for disciplined investors today. When fear is widespread, valuations tend to compress. Strong companies with resilient business models, healthy balance sheets and long-term growth prospects may be sold alongside weaker peers, not because their fundamentals […]
Mumbai: The recent sell-off in information technology (IT) stocks has reduced their influence on moves in the benchmark Nifty, ceding more power to banks, whose stake in the key index has strengthened to new highs. The free float weight of IT stocks in the benchmark Nifty had fallen to 8.7% on February 16 from 9.94 […]
The RBI on Monday issued draft norms for banks to report currency derivative transactions involving rupees executed by their related parties globally, a move aimed at enabling better pricing decisions by market participants.The Reserve Bank said it has taken several measures to increase transparency in the over-the-counter (OTC) currency, interest rate and credit derivatives markets. […]
India’s benchmark indices recovered on Monday, breaking their recent losing streak amid strong gains in financial and energy stocks, with additional support from pharmaceutical and healthcare stocks. The Nifty ended its two-day decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered from a three-session decline to settle at […]
Goldman Sachs on Monday bought over 16.8 lakh shares of Aye Finance in a bulk deal worth Rs 22 crore. Earlier, during the February 6 anchor allotment, it acquired 53.48 lakh shares in the NBFC for Rs 69 crore. In a separate transaction, BofA Securities bought nearly 46 lakh shares of PSU major Engineers India […]
The Reserve Bank of India’s latest tightening of lending rules for capital market participants has caused some concern among brokers. Zerodha co-founder Nithin Kamath said the changes are significant but will not impact its customers.In a detailed post on “We have been trying to understand RBI’s new lending rules for brokers,” Kamath wrote, adding that […]
Fractal Analytics’ muted market debut has sharpened focus on valuation issues and near-term growth visibility, but Prabhudas Lilladhar argued that long-term structural opportunities in enterprise AI remain intact. The broker initiated coverage on the stock with a target price of Rs 1,260Shares of Fractal Analytics listed at Rs 876 on the NSE on February 16, […]
Indian government bonds rose on Monday, following a rise in US government bonds and comfortable domestic liquidity, although lingering supply concerns limited the advance. The benchmark yield on 6.48% bonds for 2035 stood at 6.6642%, up from 6.6799% on Friday. Yields on longer-term securities fell the most, with the 15-year yield at 7.068%, down about […]
