Sohum Asset Managers’ CIO Sanjay Parekh said investor caution stems from uncertainty despite regulatory reassurance and management clarity. He highlighted strong long-term fundamentals, stable growth outlook, and improving merger-related metrics. Parekh expects sentiment to normalise soon, with institutional investors likely…
The decline marks the stock’s sharpest fall since June 2024, and it has now dropped in three of the last five trading sessions.
Over the last six years, the bank’s ADR has slipped into a discount against the Indian entity only four times, with Wednesday’s discount of about 2.2% being the steepest.
William Lee, Chief Economist and MD at Global Economic Advisors, says markets are grappling with repeated supply shocks—from Covid to wars—yet global growth, especially in the US, has remained resilient. However, rising uncertainty and energy disruptions risk diverting capital into…
In an interaction with CNBC-TV18, Neelkanth Mishra of Axis Securities warned of the second order effects that the ongoing US-Iran war is starting to have, including that on the real estate sector.
The research team at MSCI have flagged a couple of factors when it comes to assessing how war risk is flowing into equity portfolios.
Neelkanth Mishra, Head of Global Research at Axis Capital and Chief Economist at Axis Bank, says the Iran conflict is a major macro risk for India given its heavy dependence on energy imports. A prolonged disruption could wipe out around…
Markets have responded to these developments. Oil prices have risen to around $115 dollars per barrel. LNG markets are also pricing in tighter supply conditions, along with the possibility of cargo rerouting.
On Wednesday, the Ministry of New and Renewable Energy has expanded the order on approved list of model manufacturers (ALMM) to introduce ALMM List-III for ingots and wafers, which will take effect from June 1, 2028.
CLSA upgraded Bharti Hexacom to ‘hold’ from ‘underperform’, with a target price of ₹1,510. CLSA prefers Bharti Airtel for its stronger growth prospects.