Latest Updates Around The World
Shares of Adani Ports and the Special Economic Zone fell about 6% on Monday as geopolitical tensions flared in the Middle East, with Iran retaliating against the US and Israel and calling off talks after the death of its supreme leader, Ayatollah Ali Khamenei.Adani Ports operates the Port of Haifa in Israel, which confirmed on […]
Oil prices rose as much as 12% on Monday to their highest level in months as Iran and Israel intensified attacks in the Middle East, damaging tankers and disrupting shipments from the crucial oil-producing region.Brent crude futures rose to $82.37, the highest since January 2025, in the first trading session after the US and Israel […]
India’s largest unlisted heavyweights, led by Reliance Retail and Flipkart, are driving a new ranking of high-potential companies seen as future public market candidates. JM Financial in partnership with Hurun India came up with an Unlisted Gems 2026 list, which features 100 large private companies with annual revenues of at least Rs 1,000 crore, and […]
According to industry experts, the consumer discretionary sector continues to show mixed performance across segments, driven by gold prices, festive shifts and evolving consumer behavior.Jewelry and shoes lead to growthGaurav Jogani of JM Financial Institutional Securities, in an interview with ET Now, highlighted that the jewelery segment witnessed significant growth, largely due to the 65% […]
The Indian stock market is in a tough patch as the Nifty index is hovering around a key support level of 25,650 after three days of positive momentum. After breaking significant resistance levels earlier this week, the market is now consolidating amid mixed sector performance.Rahul Sharma of JM Financial Services noted, “Right now, we are […]
Mumbai: Overseas fund managers have cut their bearish derivatives bets on India last month from January lows, encouraged by signs of waning pessimism over the market outlook. But the ease of risk-off sentiment isn’t compelling enough to go completely bullish, with these investors still retaining a larger portion of their bearish bets, especially as uncertainty […]
Mumbai: Analysts are divided on recommending retail investors to participate in BHEL’s ₹4,422-crore offer for sale (OFS), with opinions divided between caution on valuation and optimism on the order book. Brokers broadly agree that investors with a medium- to long-term horizon can benefit from bidding on the stock sale. However, short-term investors are unlikely to […]
The government’s offer for sale (OFS) in Bharat Heavy Electricals Ltd (BHEL) is being offered at a floor price of Rs 254. According to JM Financial, which has a buy rating on the stock, the OFS price implies a valuation of 21x FY28 estimated earnings, compared to the stock’s prevailing multiple of around 23x FY28 […]
Indian benchmark indices closed higher for a third straight session on Tuesday, supported by broad-based buying, with auto and metal stocks leading the gains. The Nifty settled at 25,935.15, up 67.85 points, or 0.26%, while the BSE Sensex rose 208.17 points, or 0.25%, to end at 84,273.92.Meanwhile, the volatility gauge India VIX ended at 11.67, […]
Shares of retailer Kalyan Jewelers India hit the 10% upper limit on BSE, rising to Rs 417.75 after the jeweler’s blockbuster third-quarter profit triggered a flurry of bullish brokerage calls with price targets as high as Rs 750, a potential upside of 80% from current levels.The shares remained stuck after the company reported a staggering […]
