Praveen Singh, Head of Commodities at Mirae Asset Sharekhan, said oil prices fuelled inflation concerns and increased expectations of higher interest rates.
The stake sale in Shadowfax coincides with the expiry of the six-month lock-in period for major pre-IPO investors after the company listed in the Indian stock market in January this year.
Praveen Singh, Head of Commodities at Mirae Asset Sharekhan, said elevated expectations of a Fed rate hike are bearish for the metal, but the downside is expected to remain limited
Laxmikant Shukla, technical analyst at YES Securities maintains a constructive view on HCL Tech, Tech Mahindra and TCS, and predicts up to 14 per cent upside for these stocks.
Meesho said it continued investing in AI capabilities, engineering productivity and new consumer acquisition while maintaining a disciplined capital allocation approach.
VK Vijayakumar of Geojit Investments said that the attack on Saudi tankers by the Iran-backed Houthis in the Red Sea is the main reason for the recent sharp spike in oil prices.
IndiGo share price: Despite of a headline miss in Q1 earnings, analysts believe that IndiGo's structural story remains intact, prompting them to retain their ratings on the stock.
The stock made a stronger-than-expected market debut, listing at ₹504 on the BSE, a premium of ₹80, or 18.87 per cent, over its issue price of ₹424 per share
NTPC, Shriram Finance, Bank of Baroda, Bank of India, CG Power among top stocks slated to post their Q1 results today.
Here's why Nandish Shah technical research analyst of HDFC Securities recommends a 'Bear Spread' strategy on Nifty and AB Capital
Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated a gap-down open for the Nifty50 index. Most Asian markets advanced, tracking overnight gains on Wall Street
Umeshkumar Mehta of SAMCO Mutual Fund has called for a review of overseas investment limits, saying this will allow Indian investors to play global themes such as AI, semiconductors and biotechnology.
Brokerage firm JM Financial noted that Adani Green's reduced arbitrage potential from its merchant and BESS portfolio could lower Ebitda by 3-5 per cent going forward.
SpiceJet share price spiked 10 per cent to the upper circuit on Thursday after it inducted three Airbus A320 aircraft into its fleet under a damp-lease agreement.
NTPC Green Energy informed the exchanges that its board has approved the incorporation of a wholly owned subsidiary/special purpose vehicle (SPV) for the development of renewable energy projects
For the April-June quarter of FY2027, Tanla Platforms has reported a 20.1 per cent Y-o-Y increase in its profit at ₹142.16 crore. Its revenue grew by 17.8 per cent Y-o-Y to ₹1,226 crore in the quarter
Despite geopolitical headwinds, the Indian 2W industry entered FY27 on an optimistic footing, supported by continued strength in retail demand, said Hero MotoCorp.
Key constituents of Nifty Metal index, steel stocks face a challenging earnings season amid diverging domestic pricing trends and mounting global risks from China and tighter EU import restrictions.
As investors struggle to decide the best bet, analysts' consensus lies with ₹3,811-crore Indo MIM IPO as they find its global leadership position, robust financials and strong grey market positioning.
The brokerage expects growth in collections and healthy cash flows to support business development while keeping leverage at healthy levels over the coming years