Avenue Supermarts shares can rally another 36%, CLSA lists key triggers
Avenue Supermarts said that the company’s valuation does not fully reflect the faster pace of store additions, its push into private labels, and the strengthening…
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Indian market looks healthier, says $38 billion fund manager, as earnings cuts ease
Karthik Kumar, Portfolio Manager for Emerging Markets at Axis MF, said his bets include private banks, non-banking financial companies (NBFCs), and defence stocks, while tech…
Aurobindo Pharma arm secures UK regulator’s approval for breast cancer treatment drug
The wholly-owned step-down subsidiary of Aurobindo Pharma, CuraTeQ Biologics s.r.o., has secured a marketing authorisation from the UK’s Medicines and Healthcare products Regulatory Agency (MHRA)…
MSCI Rebalancing Today: Four stocks that are set for cumulative inflows up to $1 billion
Also watch out for CG Power, whose stock will see inflows to the tune of $56 million, according to Nuvama Alternative, as its weightage in…
Rupee weakens over 20 paise against dollar: 3 triggers to watch
The weakness came despite a softer dollar index, which slipped 0.05% to 98.38 after US President Donald Trump dismissed Federal Reserve Governor Lisa Cook.
Mark Mobius says cautious of putting money in India but market will do well long-term
Mark Mobius is hopeful that the pressure from these US tariffs could bring change to India’s taxation system and the subsequent reforms push could help…
Vikran Engineering IPO opens for subscription; GMP hits 22%. Should you invest?
Vikran Engineering is an Engineering, Procurement & Construction (EPC) company which provides end-to-end services from conceptualisation, design, supply, installation, testing, and commissioning on a turnkey…
Global firms can’t ignore India’s middle class boom, says Milken Institute economist
William Lee, Chief Economist and Executive Director of Milken Institute and Prashant Paroda, Portfolio Manager-Emerging Markets at Allspring Global Investments, share insights on US-India trade…
Gold touches two-week high: What’s driving prices
In India, gold prices stood at ₹1.01 lakh per 10 grams for 24 karat and ₹93,040 per 10 grams for 22 karat, according to Goodreturns.
Decent market debut: Patel Retail shares list at 20% premium to IPO price on BSE
Patel Retail IPO Listing: The listing was also in-line with grey market estimates, where shares of Patel Retail were commanding a premium of ₹52, which…