Citi says it’s the best buying set-up in this metal in 50 years
Citi says the US-Iran war and Iran closing the Strait of Hormuz will drive a record aluminium supply deficit, pushing prices to record highs and supporting bullish trades.
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Zydus Lifesciences shares gain nearly 7% on strong US growth outlook; Check price targets
Zydus’ specialty pipeline remains the key focus with Desidustat in China, Saroglitazar and Nufymco launches in the US. The management said the specialty business is expected to see a meaningful ramp-up from FY28 onwards.
Rising bond yields put equities at risk, Adrian Mowat says hold dollar cash
Adrian Mowat, Investor at Hong Kong SAR warned that tighter monetary policy and higher discount rates could pressure earnings and valuations, while emerging markets like India face added stress from currency weakness, higher energy costs and pressure on consumers.
MCX gold slips below ₹1.59 lakh per 10 grams, silver declines nearly 1%
Gold and silver prices in India fall as global bullion weakens, with investors wary of West Asia tensions and prospects of higher for longer US interest rates.
Sensex Rejig: Trent likely exclusion; Could be replaced by either of these two names
Two names remain the key contenders to replace Trent in the Sensex as part of the rejig. One is Aditya Birla Group’s Hindalco Industries, and the other is Shriram Finance.
Dredging Corp shares surge over 30% in two sessions; Check its guidance for FY27
Dredging Corp shares are extending their gains after having surged over 16% on Tuesday as well. The company’s results were disclosed after market hours on Tuesday.
Stocks To Buy: Nomura’s top OMC pick has the potential to rise another 33%
34 analysts have coverage on Indian Oil Corporation, of which 20 have a “buy” rating, and seven each have a “hold” and “sell” recommendation.
Asian stocks slump as multi-year rise in bond yield put pressure on market
Asian stocks and US futures fall as Treasury yields hit multi-year highs, oil stays above 100, dollar strengthens, gold slips, and investors await Nvidia earnings amid AI boom doubts
SpaceX IPO: Goldman Sachs leads on cover; Bank of America, Citi, JPMorgan in lineup, says report
Goldman Sachs leads SpaceX IPO targeting up to $75 billion and over $2 trillion valuation, with Morgan Stanley and other banks on the deal; details may change as talks continue
Gold, silver trade steady as markets track US-Iran talks, Fed outlook
Gold and silver prices hold steady as investors weigh US Iran talks, Fed rate outlook, West Asia tensions and upcoming Fed minutes for bullion direction.