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[hfe_template id='11223'] [ad_1] World stocks fell to their lowest levels in six weeks on Friday, and the dollar hovered near multi-week highs, as the prospect of higher U.S. tariffs sent jitters through markets and revived concerns about a global trade war. Technology shares took an additional hit following a sharp sell-off in AI darling Nvidia and other so-called "Magnificent Seven" Wall Street mega-cap stocks, as investors judged the chipmaker's earnings report harshly a day after its release. U.S. President Donald Trump said on Thursday that 25% duties on imports from Canada and Mexico will come into effect on March 4 - not April 2 as he had suggested a day earlier - and said goods from China will be subject to an additional 10% duty. This week he also floated 25% tariffs on shipments from the European Union. "A market that had reduced its sensitivity to recent tariff headlines has had to reconsider that reaction function," said Chris Weston,...

[hfe_template id='11223'] [ad_1] The Federal Reserve could restart cuts to short-term borrowing rates in June and follow up with another reduction in September, traders bet on Friday, after data showed inflation edged down in January in line with expectations. The 12-month change in the personal consumption expenditures price index, which the Fed targets at 2%, ticked down to 2.5% last month from 2.6% in December, and the core PCE measure fell to 2.6% from 2.9%, the Commerce Department's Bureau of Economic Analysis showed. The same report also showed consumer spending unexpectedly dropped in January, following a sharp increase in December as households stocked up on goods ahead of the Trump administration's telegraphed tariffs, which have stoked rising fears of a resurgence in price pressures amid a slowdown in business activity. The combination of still-elevated inflation and cooling economic growth has some analysts worried that Fed policymakers may need to cho...

[hfe_template id='11223'] [ad_1] Markets regulator Sebi on Friday modified its guidelines and issued necessary clarifications on nomination facilities in the securities market in a bid to make the process of transmission and nomination easier for demat accounts and mutual fund (MF) folios. In its circular, Sebi said that if one or more joint account holders pass away, the assets will be transferred to the surviving holder(s) without the need for additional KYC unless it was requested earlier and not provided. The surviving holder(s) can update their contact details and add or change their nominee(s) at any time. Further, investors will have the option to designate a nominee (excluding minors) to manage their account in case they become physically incapacitated. This nominee can be changed as needed. On nomination opt-out, Sebi said that investors with single holdings can choose to opt out of nomination either online or offline. The nomination form has been updated with...

[hfe_template id='11223'] [ad_1] Wall Street's main indexes were mixed in choppy trading on Friday as investors avoided large bets after data showed consumer spending fell in January, exacerbating worries that the world's largest economy might be stalling. A Commerce Department report showed that inflation rose in line with expectations in the previous month. However, consumer spending, which accounts for more than two-thirds of the economy, dropped 0.2% after an upwardly revised 0.8% increase in December. "Spending came in lower than we were looking for... most of it I would attribute to a cooling economy, which presents a dilemma for the Fed in the sense that you still have inflation and you have an economy that is moving lower. If you add them together, that equals stagflation," Peter Cardillo, chief market economist at Spartan Capital Securities. Friday's report is important for investors trying to gauge the central bank's next policy move, ...

[hfe_template id='11223'] [ad_1] Foreign Institutional Investors (FIIs) sold Indian equities worth Rs 11,639 crore on Friday, recording their highest single-day sell-off in February. Through the month, they were net sellers at Rs 34,574 crore. In the 20 trading sessions, they were buyers on just two instances -- on February 18, when they had bought domestic shares worth Rs 4,786.6 crore and on February 4, when they purchased shares worth Rs 809.2 crore. Domestic institutional investors (DIIs) threw their weight around, buying equities worth Rs 12,308.63 crore, but that was not good enough to bail the markets out. Nifty finished the day at 22,124.70 breaching all major crucial support levels. It went down by a whopping 420.35 points or 1.86%while the BSE Sensex tanked 1,414.33 points or 1.90% to close at Rs 73,198.10. BSE listed companies saw their market capitalisation wipe out by Rs 9 lakh crore. US economic woes weighed on the Street as the world’s largest eco...

[hfe_template id='11223'] [ad_1] Synopsis Back in September 2024, who would have thought that bulls would vanish from the street in just six months, and bears would rule? But markets going through cycles and corrective phases is normal. The best way to deal with such times of global uncertainty is to be calm and review your portfolio. If required, book some losses in poor stocks. Clean up your portfolio so that when the bulls return, your returns are better. Look at the fundamentals, and if there is business growth over the long term, just ignore the noise. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Stories of courage in the face of adversity are always thrilling. Till, that is, you find yourself in a similar ...

[hfe_template id='11223'] [ad_1] Several brokerage firms have recently shared positive outlooks on prominent companies, highlighting potential growth opportunities and strategic advancements for the next 12 months. Investec, Jefferies, and Nuvama have maintained 'Buy' ratings on UltraTech Cement, Apollo Hospitals, and Crompton Greaves Consumer Electricals Ltd, respectively, signaling strong upside potential for each stock. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on UltraTech Cement: Maintain Buy| Target Rs 12,450| LTP Rs 10420| Upside nearly 20% Investec has maintained a 'Buy' rating on UltraTech Cement with a target price of Rs 12,450, indicating an upside of nearly 20% from its last traded price of Rs 10,420. According to Investec, the market has overreacted to UltraTech's entry into the wire and cable segment. They believe this segment offers healthy asset turns of approximately 4 t...

[hfe_template id='11223'] [ad_1] Shares of Polycab India climbed as much as 3.3% on Friday to Rs 4,828 on the BSE, rebounding from an 18.8% plunge in the previous session as investors reassessed the competitive risks posed by UltraTech Cement’s surprise entry into the wires and cables industry. The recovery came after a brutal selloff on Thursday, when HSBC slashed target prices for leading wires and cables companies by up to 23%, citing UltraTech’s Rs 1,800 crore investment as an “industry-fragmenting” event that could weigh on long-term earnings growth for incumbents. The recovery in Polycab shares was part of a broader rebound in the sector. KEI Industries rose 4.2% higher on Friday to Rs 3,123.15 on the BSE, R R Kabel climbed 3.4%, while Havells reversed gains to trade flat on Friday. Despite the price cuts, HSBC maintained its ‘buy’ ratings on Polycab, Havells India, and R R Kabel, while keeping KEI Industries at ‘hold.’ The brokerage lowered its price targets on Po...

[hfe_template id='11223'] [ad_1] Shares of Coal India climbed as much as 3.3% on Friday to Rs 375.75 on the BSE after its subsidiary, Northern Coalfields Ltd (NCL), announced an additional levy on coal dispatches, aimed at boosting revenue and supporting mine rehabilitation efforts. NCL said in a regulatory filing that it will impose a "Singrauli Punarasthapan (rejuvenation) Charge" of Rs 300 per tonne across all its mines starting May 1, 2025. The charge is expected to generate around Rs 3,877.50 crore in additional revenue. The levy will be applied uniformly on top of the notified price of coal and is seen as a positive move for Coal India, which has been facing headwinds such as softening international thermal coal prices, declining e-auction premiums, and evacuation challenges. Brokerage JP Morgan maintained a "neutral" rating on Coal India but raised its target price to Rs 420 from Rs 395, citing the recently announced fuel supply agreement (FSA)...

[hfe_template id='11223'] [ad_1] With a strong residential pipeline, aggressive business development (BD) strategy, and a fortress balance sheet, Oberoi Realty stands out as domestic brokerage firm Elara Capital’s top pick in the real estate sector with a raised target price of Rs 2,500 (from Rs 2,350). Oberoi Realty has shifted gears, moving from a low-growth to a high-growth model, with new business development (BD) worth Rs 460 billion executed between FY23 and FY25 YTD, significantly bolstering its residential pipeline beyond Rs 1 trillion. Additionally, the potential acquisition of Sahara Group’s 106-acre Versova land could double its existing pipeline, reinforcing its expansion strategy. The company’s aggressive expansion spans across key micro-markets like Mulund, Worli, Thane, Goregaon, and Borivali, while also marking its first entry into Gurugram—a step toward multi-regional diversification. “The pace of expansion is likely to sustain on account of 1) high cash...

[hfe_template id='11223'] [ad_1] Aditya Birla Group company UltraTech Cement’s surprise foray into the Rs 80,000 crore wires and cables (W&C) segment has sent shockwaves through the industry, mirroring the disruption its parent company, Grasim Industries, has already triggered in the paints sector with Birla Opus. Shares of wires and cables manufacturers Polycab, KEI Industries and Havells fell up to 20% on Thursday as investors fear that UltraTech’s Rs 1,800 crore capex can lead to de-rating and margin pressure for existing players. Polycab shares nosedived 16%, while KEI Industries plunged 20%, Havells India dropped 9%, and RR Kabel followed suit with a 13% slide. UltraTech’s move has raised pressing questions: Will the Aditya Birla Group replicate its aggressive playbook and force a sector-wide de-rating, much like it did with Asian Paints and Berger Paints? And how vulnerable are existing incumbents like Polycab, KEI Industries, and Havells? UltraTech’s Big Bet o...

[hfe_template id='11223'] [ad_1] Independent market expert Hemang Jani remains bullish on InterGlobe Aviation-owned IndiGo over SpiceJet amid the limited options in the listed aviation space. In a recent ET Now interaction, Jani reaffirmed his preference for InterGlobe over competitors like SpiceJet, citing operational transparency and growth visibility as key factors. Jani pointed out that while SpiceJet has shown promise, its prolonged struggles in demonstrating operational performance and lack of transparency in sharing key data remain concerning. "It is taking far too long to show any kind of operational performance, and what is concerning is the lack of transparency in sharing the key operational data," he noted. While the last quarter benefited from events like the Kumbh Mela and general activity, he believes investor enthusiasm will remain muted. According to Jani, InterGlobe has been the best play in the aviation sector, with a strong growth trajectory....

[hfe_template id='11223'] [ad_1] In a rare occurrence, India’s benchmark stock gauge and its volatility index have moved in tandem for seven straight days. To some market watchers, that signals traders are less concerned about further declines in large-cap shares. The NSE Nifty 50 Index has lost 14% from its peak in September as investors grew skeptical of the market’s steep valuations, with corporate earnings and economic growth starting to disappoint. In recent days, the India NSE Volatility Index also slid, on falling demand for options betting on moves in the benchmark equity gauge, which comprises mostly India’s heavyweights. “The lack of hedging signifies expectations of more stability in large-cap names,” said Sonam Srivastava, founder and chief executive officer at Wright Research in Mumbai. She added that bigger stocks may fare better should the market fall further, and that her company last week switched to hedges on mid-cap stocks rather than the Nifty 50. ETM...

[hfe_template id='11223'] [ad_1] Bitcoin has fallen sharply, dropping over 20% from its January peak of $109,350, raising concerns about whether the crypto market has entered a bear phase. On Thursday, February 27, Bitcoin hit an intraday low of nearly $83,000 before recovering to around $85,000. The sell-off has wiped out nearly $300 billion in market value, leading to increased volatility and investor anxiety. Is crypto in a bear market? Avinash Shekhar, Co-Founder & CEO of Pi42, believes that Bitcoin’s decline below $85,000 is the largest sell-off of 2025, with over 79,000 BTC sold at a loss in just 24 hours. “The crypto market has entered a bear phase with Bitcoin declining over 20% from its January peak of $109,350 to an intraday low of $83,740. ETF outflows and Trump’s EU tariff threats have further pressured the market, and BTC could experience a potential drop to $74K,” Shekhar said. Adding to the uncertainty, altcoins have also suffered, with XRP’s open inte...

[hfe_template id='11223'] [ad_1] Asian equities traded in a tight range at the open after earnings from Nvidia Corp. failed to rally the stock in after-market hours and new tariff announcements from President Donald Trump caused confusion. Shares in Australia rose while Japan was steady. Hong Kong equity index futures pointed to a lower open while contracts for the S&P 500 and Nasdaq 100 were little changed in early Asian trade. Nvidia shares swung between gains and losses in after-hours trading. The chipmaker at the center of an AI spending boom, delivered a good-but-not-great quarterly numbers, drawing a muted response from investors accustomed to blowout results. Treasuries were steady after rallying Wednesday to bring the US 10-year yield four basis points lower to 4.26%, a level not seen since the middle of December. A gauge of the dollar held its gain from Wednesday. Australian yields fell early Thursday. On Wednesday, Trump said that his administration would i...

[hfe_template id='11223'] [ad_1] The S&P 500 ended little changed on Wednesday ahead of quarterly results from Nvidia, whose positive outlook could set the tone for the artificial intelligence sector. Stocks lost ground in afternoon trading, with investors digesting the latest comments from U.S. President Donald Trump on tariffs. Trump said on Wednesday his administration will soon announce a 25% tariff on imports from the European Union. He also raised hopes for another pause on steep new tariffs on imports from Mexico and Canada by saying they would take effect on April 2, about a month later than a deadline next week. After the closing bell, Nvidia's shares were up about 2% in choppy trading. The AI tech leader forecast first-quarter revenue above market estimates. Nvidia's stock ended the regular session up 3.7%, while an index of semiconductors was up 2.1% on the day. The launch and popularity of low-cost AI models from China's DeepSeek had rattle...

[hfe_template id='11223'] [ad_1] Nvidia's quarterly outlook on Wednesday suggested demand from Microsoft, Amazon and other heavyweight tech companies racing to build out AI infrastructure remains robust following last month's launch of Chinese startup DeepSeek's low-cost model that raised fears of overspending. Shares of Nvidia rose almost 2% in extended trade after the dominant AI chipmaker forecast quarterly revenue above analysts' estimates. Microsoft, Amazon, Meta Platforms and Alphabet, among Nvidia's largest customers, were mostly unchanged. Shares of those companies, among the components of the so-called "Magnificent Seven", have delivered big returns as they raced to dominate emerging AI technology following the debut of ChatGPT in November 2022. More recently, most of those stocks have stumbled and investors have become more cautious. While Nvidia delivered a 78% surge in quarterly revenue, it said its first-quarter margin would ...

[hfe_template id='11223'] [ad_1] Benchmark BSE Sensex recovered 147 points in a range-bound trade on Tuesday, ending its five-day slide on the back of buying in financial and FMCG shares. However, Nifty ended flat. Stocks that were in focus include names like M&M, which spiked 2% and Federal Bank, which declined 1.7% and Pfizer India, whose shares dropped 1.2% on Tuesday. Here's what Viral Chheda, Sr Analyst, SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today. M&M For the past 6 months we have stock to move in the range of 2600-3300. After making an all time high around 3270 price has given some correction to test the previous lower level of 2600 and in the past few days given some pull back to trade around 2800 odd levels. On the lower side 2600 is acting as a strong support and we have multiple times stock has given rebound from that level. If this level is breached then further dip can be se...

[hfe_template id='11223'] [ad_1] Veteran investor and renowned commodity guru Jim Rogers has made a bold move amidst global uncertainty – he’s sold all his US stocks and is betting on the US dollar as a safe haven. In an interview with ETNow, Rogers shared his thoughts on market volatility, political unpredictability, and his strategic investment decisions. Navigating Uncertainty in the Trump Era Rogers didn't hold back when discussing the challenges of predicting market trends under President Donald Trump's leadership. “Well, if you know what Mr. Trump is trying to do, you are way ahead of everybody else. Mr. Trump does not know what he is trying to do. He changes every day,” Rogers remarked, highlighting the unpredictability that influenced his investment decisions. He further elaborated, “My problem with Mr. Trump is that he changes his mind whenever he sees something on television. So, with some people like Margaret Thatcher or Nehru or some people in the pas...

[hfe_template id='11223'] [ad_1] Chai Point, the popular tea cafe chain that sells close to a million cups of high-quality, freshly brewed tea every day, is looking to go public and list on stock exchange by mid-2026, its co-founder Tarun Khanna said. Chai Point made a special mark during the Kumbh Mela in Prayagraj, selling one lakh cups of tea a day at the peak from its limited-edition outlets. Conceived in 2009 when Khanna, a professor in Harvard University, was sipping a hot cup of tea at a cafe in Mumbai with his student Amuleek Singh Bijral. "On the roadside, there was a young boy selling tea in plastic cups to customers. Such 'chotus', as they are called, serve tea to millions in not-so-good plastic cups and not in the most hygienic conditions. A thought occurred as to why can't we bring authentic, flavourful, and high-quality tea to the masses in the most hygenic ways at an affordable price and at the same time also provide employment to the cho...

[hfe_template id='11223'] [ad_1] Imagine you're on a long road trip to your dream destination. Along the way, you encounter smooth highways, unexpected detours and sudden bumps. Some drivers speed ahead when the road is clear but panic and slam the brakes at the first sign of trouble. Others hesitate too much, missing chances to move forward efficiently. The skilled drivers, however, stay calm, adjust their speed wisely, and remain focused on reaching their destination. Investing follows a similar path. Market ups and downs test investor discipline, and emotional reactions—like fear and greed—often result in unfavourable decisions. Just as an impatient driver may take unnecessary risks or a nervous one may stop too soon, investors who chase quick gains or exit early may not achieve better results. To assess the behavioural impact, we have analysed the Behaviour Gap—the difference between the returns actually realized by investors (investor returns) and overall market...