Asian Paints, peers may face near-term margin headwinds due to higher costs, Macquarie warns
Brokerage firm Macquarie said that margin pressures are likely to remain a near-term concern for paint manufacturers due to elevated input costs.
admin
Rupee gains marginally against dollar: How oil and global cues are shaping moves
The Indian rupee opened stronger at 92.39 against the US dollar on March 17, up from 92.42 on March 16, aided by a pause in crude oil price rally and better global risk sentiment.
Urban Company shares fall 3% after shareholder lock-in ends, ₹385 crore block deal
As many as 94.09 crore shares of the company freed up for trade today as its six-month shareholder lock-in came to an end. The number of share that free up for trade amount to 66% of the company’s outstanding equity.
JPMorgan recommends this stock to play the EMS theme and its not Dixon Tech
Barring Dixon, JPMorgan expects every stock within this sector to deliver 20% revenue growth over financial year 2026-2028.
Private credit default rates to reach 8%, says Morgan Stanley
Morgan Stanley predicts default rates in direct lending will rise to 8% due to AI disruption in software. High leverage and looming maturities in 2027-2028 may push defaults to peak.
Bajaj Electricals shares surge 6% after acquiring Morphy Richards brand rights
The company has signed a definitive agreement to acquire the intellectual property and brand rights of Morphy Richards in India and select South Asian markets.
Oil could hit $150 if Strait of Hormuz disruption extends; central banks may stay on hold: Invesco
David Chao, Global Market Strategist-Asia Pacific at Invesco, said the immediate impact of higher oil prices on Asian economies will be on inflation, not growth. While geopolitical shocks may delay recovery, markets tend to perform better a year after such…
Gold near ₹1.57 lakh per 10 grams on MCX, silver gains 2%
Gold and silver prices in India rose on March 17, with MCX gold for April 2026 delivery up 1% and silver for May 2026 delivery up 2%, influenced by global trends.
Tata Power shares gain 3% after APTEL backs parallel power distribution in Maharashtra
The Appellate Tribunal for Electricity (APTEL) has dismissed an appeal filed by Brihanmumbai Electric Supply and Transport Undertaking (BEST) against an earlier order of the Maharashtra Electricity Regulatory Commission (MERC) on parallel licensing.
Too early to call market bottom; prefer gradual investing via SIPs and funds: Anand Shah
Anand Shah of ICICI Prudential AMC, which manages funds worth ₹28,318 crore as of February 28, 2026, advises investors to avoid deploying cash aggressively as markets may not have bottomed yet. He recommends gradual allocation through SIPs or staggered investments,…