Oil prices dropped to a three-month low amid growing optimism around a US-Iran agreement, boosting OMCs, airlines and paint stocks. HPCL, BPCL and IOC surged up to 5%, while upstream oil producers such as ONGC and Oil India came under…
Sustainability focused investors and pension funds shun the SpaceX IPO, warning Elon Musks extreme control and weak governance erase shareholder rights and heighten risk
Among those shortlisted are a recently retired deputy governor at the Reserve Bank of India (RBI), a retired bureaucrat, a former head of a public sector bank, a former India CEO of a multinational company, and a technology veteran.
The block is located in the Sangareddy district of Telangana and contains minerals that are considered strategically important for sectors such as energy storage, defence, aerospace and advanced manufacturing.
Nikhil Nigania, Director and Senior Analyst at Bernstein, forecasts 6% medium-term power demand growth for India, favouring NTPC and JSW Energy while warning of margin pressures on solar manufacturers.
Gold and silver prices rebound on MCX and COMEX as US Iran tensions ease, analysts see support for bullion but warn of near term volatility.
Nitin Aggarwal, Head-BFSI Research Institutional Equities at MOFSL, says the RBI’s latest FCNR deposit measures could attract $40–50 billion of foreign currency inflows over the next few months. He believes large private banks and select PSU lenders with strong NRI…
Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets.
Jefferies remains constructive on SBI’s outlook, citing the bank’s consistent improvement in deposits per branch, lower reliance on priority sector lending certificates (PSLCs), growing fee income from bancassurance partnerships and limited buffer provisions.
Among passenger vehicle manufacturers, CLSA said Mahindra & Mahindra continues to gain market share on the back of successful new model launches.