As per the latest analyst estimates, every $5 rise in brent prices leads to a 13% impact on IndiGo’s earnings. Brent crude has traded at an average of $100 per barrel ever since the Iran-US war started on February 28.…
As a result of the three-day recovery, HDB Financial’s Relative Strength Index (RSI) on the charts is nearing “overbought” zone. The RSI is currently at 66 and a reading above 70 means that the stock is in “overbought” territory.
Prashant Jain, Founder and CIO of 3P Investment Managers, remains constructive on Indian equities, with a preference for large-cap stocks and banks, while selectively identifying opportunities in beaten-down segments of the broader market.
India’s market outlook is improving as oil prices ease and geopolitical risks recede. Sunil Singhania, Founder of Abakkus Asset Manager, Prashant Khemka, Founder, Whiteoak Capital and Nilesh Shah, Managing Director at Kotak Mahindra AMC explain why foreign investor sentiment could…
Foxconn chairman Young Liu added that at the pace AI is evolving, the industry requires a new model for how infrastructure is designed, built and delivered.
Dharmesh Kant, Head of Research at Chola Securities, expects the commodity upcycle to continue for another year despite near-term volatility. He sees any correction in metal prices as a long-term buying opportunity, supported by reconstruction activity in the Middle East…
Vedanta Group Chairman Anil Agarwal expressed confidence that every demerged entity, Aluminium, Oil & Gas, Iron & Steel, and Power, will be worth $100 billion in the future.
Ed Yardeni, President of Yardeni Research and Arvind Sanger, Managing Partner of Geosphere Capital Management discuss the implications of easing geopolitical tensions, India’s investment outlook, the future of the AI-driven market rally, emerging-market opportunities and whether elevated US valuations are…
As part of its financial year 2027 guidance, L&T said that the first and second quarter of the financial year may see disruptions due to the delayed shipments.
The brokerage reaffirmed its ‘Buy’ recommendation on TBO Tek, while initiating coverage on Ixigo and Yatra Online with positive ratings.