The Nifty slipped below 24,700 to its lowest level in a month, with losses broad-based across largecaps and midcaps. The early fall wiped out over ₹10 lakh crore in investor wealth.
PL Capital’s Research Analyst Jinesh Joshi said the Middle East crisis is pressuring aviation, with about 12% of IndiGo’s capacity impacted as a large share of its international routes are to the region. Yields were already expected to stay flat…
Indian markets fell as US Iran tensions rose, but experts advise staying calm, maintaining SIPs, diversifying, and focusing on fundamentals for long term stability.
Force Motors reported an 8.06% year-on-year rise in February sales at 3,890 units, driven by strong domestic demand, even as export volumes declined during the month. Shares traded lower post update.
Mahindra & Mahindra’s decision to exit its agri-machinery business in Japan reflects a broader strategy to streamline operations and focus on stronger, profitable markets, according to LKP Securities analyst Ashwin Patil. He said the Japan unit was likely a smaller,…
State-run NMDC reported a 16% year-on-year rise in both iron ore production and sales for February, even as its shares trade flat in the afternoon session on Monday.
Ranjit Cirumalla, Senior Vice President-Research Agri, Chemicals at IIFL, said the Strait of Hormuz is critical for India’s fertiliser supply, as a large share of imported urea, DAP, MOP, rock phosphate and phosphoric acid transits through it. Any disruption could…
For the first two months of the year, the Nifty India Defence Index has gained 5% so far, with stocks like MTAR Technologies already having risen 57% during this period. Bharat Forge shares have risen 30% so far, while those…
Indiacharts and Strike Money founder Rohit Srivastava said gold may not sustain sharp gains despite geopolitical uncertainty, as it typically rallies briefly before correcting. He believes oil offers a stronger trading opportunity, noting that WTI crude has broken above the…
Of the 25 analysts who have coverage on Muthoot Finance, 14 have a “buy” rating, six have a “hold” rating and five have a “sell” rating.