Uncategorized

Alibaba’s stock gained as much as 7.6% in Hong Kong, the most intraday in nearly two weeks, helping propel a gauge of Chinese tech shares listed in the city to almost 5%.

The leading global digital communication company, in collaboration with BICS and Telesign, has entered into a partnership with Nokia to leverage the strengths of respective players in the field of network API solutions.

Global investors remain cautious with tariff uncertainty persisting and the US economy showing signs of weakness. While China has recently gained favour, Independent Emerging Markets Commentator Geoffrey Dennis believes India offers a more stable long-term opportunity.

Dayanand Mittal, Oil & Gas Research Analyst at the institutional brokerage firm also shared his top picks in the oil and gas sector in India.

Goldman Sachs on Monday, March 3, had cut its price target on BSE to ₹4,880 from the previous ₹5,650 apiece before cutting it once more on Thursday.

Angel One’s unique mutual fund SIPs registered were down 25% as well to 5.77 lakh in February compared to 7.65 lakh in the previous month.

On Thursday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.

Lower crude oil prices are beneficial for downstream refiners as lower input costs leads to improved profitability and margins. Crude oil is their main input source. With India being a net importer, the lower oil prices also reduces their Dollar…

However, BofA Securities remains bearish on Small and Midcap stocks. It has recommended buying 12 largecap stocks, most of which are Nifty 50 constituents. These stocks have a potential upside of 10% to as high as 42%.

West Texas Intermediate traded near $66 a barrel after losing more than 5% over the past four sessions. Brent closed below $70 on Wednesday.