All eyes on Fed chair Kevin Warsh and his first moves on interest rates
Economists say Warsh will likely aim for a neutral approach, largely because he is taking over the Fed at a challenging time. Rising inflation has…
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Motilal Oswal says EMS industry will ‘manage’ memory shortage impact; Lists top picks
Going forward, Motilal Oswal estimates a 31% revenue compound annual growth rate (CAGR) over financial year 2026-2028 for these EMS companies, aided by robust order…
A delayed monsoon, prolonged summer could keep AC stocks hot for long
Industry data indicates that room air-conditioner volumes grew more than 40% year-on-year in May, while overall industry value growth was estimated at 25-30%.
Explained – What led to Suzlon Energy, Inox Wind shares gain up to 7% on Tuesday
Inox Wind announced on Tuesday that it has signed a memorandum of understanding (MoU) with group company Inox Clean Energy for the supply of 1,500…
Vedanta Aluminium, Hindalco, NALCO shares fall up to 5% – Key factors behind fall explained
Hindalco, whose unit Novelis resumed operations at the Oswego Hot Mill recently after last year’s fire, are also trading with losses of 3.6% on Tuesday.…
Matt Orton backs India as risks ease; banks, telecom and infrastructure stand out
Matt Orton, Chief Market Strategist at Raymond James Investment explains why easing geopolitical risks, lower oil prices and improving foreign inflows could support India’s markets,…
Arvind SmartSpaces shares jump up to 10% after new Ahmedabad residential project
Arvind SmartSpaces’ chairman and non-executive director Kulin Lalbhai told CNBC-TV18 last month that the firm is targeting a cumulative growth rate of 30% over a…
Polycab gets its second-highest share price target from Citi on these important triggers
Following a meeting with the company’s management, Citi said domestic demand has rebounded after a softer March quarter, which was impacted by geopolitical tensions in…
Godavari Biorefineries shares rises 10% on Japanese patent for cancer treatment invention
Godavari Biorefineries said the patented invention relates to the use of 5-Hydroxy-1,4-Naphthalenedione in the treatment of cancer and strengthens its intellectual property portfolio in the…
TCS clarifies on US Supreme Court verdict in $168 million dispute; Stock in focus
TCS said the US Supreme Court rejected its petition seeking a review of a lower court ruling that upheld damages awarded to DXC. Following the…