Latest Updates Around The World
The artificial intelligence storm that roiled global markets has visibly shaken Indian IT stocks, but for seasoned fund managers, volatility often presents opportunities. Shreyash Devalkar, head of equities at Axis Mutual Fund, spoke to ET Now to share his unfiltered view on the AI-powered sell-off, and where investors should position themselves in this fast-changing landscape. […]
Union Commerce Minister Piyush Goyal has pushed back against Congress’s criticism of the landmark Free Trade Agreement (FTA) between India and the European Union (EU), dismissing the objections as misplaced and politically motivated. He described the pact as a “win-win” agreement that would boost economic growth, expand opportunities for businesses and deepen the country’s involvement […]
The Indian auto sector has staged a strong recovery in the third quarter, supported by a timely holiday sales tax cut, healthy retail growth and disciplined inventory management.The revival in demand was broad-based across two-wheelers, passenger cars and commercial vehicles, with volumes increasing sharply year-on-year during the quarter. Two-wheel combustion engine volumes rose in the […]
Car repairs postponed? Oman now forces insurers to pay you in cash for each additional day In a significant shake-up to Oman’s car insurance landscape, the Financial Services Authority (FSA) has introduced sweeping reforms that now require compensation from insurers if car repairs are not completed on time, a first in the Gulf region and […]
According to Ajay Srivastava, Managing Director at Dimensions Corporate, continued selling from foreign investors, high valuations and policy-driven sectoral movements keep Indian equities risky despite the index’s resilience.Speaking to ET Now, Srivastava said foreign investors have sold nearly ₹2.74 lakh crore worth of Indian equities, a signal that domestic investors should not ignore. “If global […]
In a conversation with ET Now, Pankaj Pandey, head of research at ICICI Direct, shared his sector-wise view on automotive, chemicals, defense and jewellery. He believes the market continues to show strong performance in certain sectors, although valuations remain critical for investors. Automotive sector: M&M leaders, Eicher shines in the premium segmentWhen asked about the […]
Tata Motors’ commercial vehicles business, which includes trucks and buses, has been valued at around Rs 260.75 per share after the company’s much-anticipated demerger. The figure is derived from the pre-demerger closing price of Rs 660.75 and the opening price of Rs 400 for the parent company, now renamed Tata Motors Passenger Vehicles Ltd, and […]
