Xiaomi shares plunge on margin concerns after SU7 EV launch
Xiaomi shares dropped 8.6% in Hong Kong, the worst on the Hang Seng Tech Index. Despite strong demand for the new SU7 sedan, rising costs may pressure margins.
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Why the rupee crossed 93 against dollar: Key drivers explained
The Indian rupee fell past 93 per US dollar for the first time on March 20, hitting 93.49. Factors include West Asia tensions, rising crude oil prices, a stronger US dollar, and foreign fund outflows.
Sensex, Nifty hold firm amid volatility led by IT, autos, midcaps; rupee at record low
Indian markets closed higher on March 20; Sensex up 326 points, Nifty 50 up 112 points. IT stocks led gains, HDFC fell over 2%. Rupee hit a record low of 92.71 per dollar.
Private banks offer value post correction; PSU outperformance may fade: JM Financial
Ajit Kumar, Head-BFSI at JM Financial Institutional Securities, says HDFC Bank may remain range-bound in the near term amid FII concerns and management uncertainty, despite attractive valuations. He sees deep value emerging in large private banks after the recent correction,…
CMPDI IPO: Coal India share to stay steady even as firm expands into minerals
Chaudhari Shivraj Singh, CMD, Central Mine Planning & Design Institute (CMPDI) said the company will maintain a steady revenue mix while gradually scaling non-coal opportunities. Exploration remains the largest contributor, supported by higher government spending and demand for critical minerals.…
Laurus Labs set for 30% upside; shares gain 4% on Motilal Oswal ‘buy’ call
Motilal Oswal Financial Services reiterated its ‘buy’ rating on Laurus Labs Ltd, predicting over 30% upside with a target price of ₹1,280, expecting 16% earnings CAGR over FY26–28.
Steel stocks rally: What’s driving the surge in Tata Steel, JSW Steel, Jindal Steel
Steel stocks rallied as brokerages flagged improving spreads, firm domestic demand and supportive global cues, with Macquarie and HSBC turning constructive on ferrous players including Tata Steel, JSW Steel and Jindal Steel.
Explained — The biggest factor why Vodafone Idea shares are up 5% on Friday
Vodafone Idea’s subscriber losses in January marks a significant improvement from the sustained monthly losses of about 1–2 million subscribers seen through most of 2024 and 2025.
Gold and silver prices in India: What caused the recent volatility and rebound
Gold and silver rose in Friday’s futures trade. April gold increased ₹1,914 to ₹1.46 lakh per 10g on MCX, and May silver jumped ₹8,540 to ₹2.40 lakh Analysts cite easing geopolitical concerns and possible US sanctions relief on Iranian oil.
Natco Pharma rolls out ‘most affordable’ semaglutide in India; check prices here
Natco Pharma also plans to launch a pen device version in April 2026, priced between ₹4,000 and ₹4,500 per month, depending on dosage.