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[hfe_template id='11223'] [ad_1] If anyone wanted a snapshot of the tight spot the U.S. economy and policymakers are in right now, they got it on Friday via the University of Michigan's latest consumer sentiment and inflation expectations survey. The results were eye-popping: consumer sentiment expectations are now the lowest since 1980 and one-year inflation expectations are the highest since 1981, above 6%. Sentiment surveys are only 'soft' data and there is much debate whether they translate into the 'hard' activity data like retail sales and hiring. Fed Chair Jerome Powell said earlier this month the link between the two in recent years has been "weak" and he has previously downplayed the U-Mich inflation expectations figures. But the direction of travel is getting harder to ignore. Consumers are spooked by President Donald Trump's trade war and fear tariffs will push up prices, forcing them to curtail spending. If this soft data ...

[hfe_template id='11223'] [ad_1] Despite heightened tensions at the borders, the announcement of an India-Pakistan ceasefire is expected to set Indian markets on an upward trajectory this week. The markets, which had been recovering from a recent correction, took a hit as tensions between the two countries escalated. Headline indices Sensex and Nifty fell over 1% on Friday. T However, it should be noted that the Indian government has said Pakistan violated the ceasefire agreement along the Line of Control (LOC) and the situation remains evolving by the minute. During the conflict, the stocks showed resilience with no major correction, which indicates strong underlying confidence. The ceasefire news is likely to further bolster that and support a market rebound. "With the announcement of a ceasefire, the lingering fear among investors is expected to ease further. As a result, we anticipate a positive start to the week," said Shruti Jain, Chief Strategy Officer, ...

[hfe_template id='11223'] [ad_1] U.S. stocks rebounded on Tuesday as a spate of quarterly earnings reports and hints at the de-escalation of U.S.-China trade tensions brought buyers in from the sidelines. U.S. stocks jumped further in extended trade after President Donald Trump said he has no plans to fire Federal Reserve Chair Jerome Powell, stepping back from his recent rhetoric against the central bank chief. Trump also told reporters he would be very nice in negotiations with China, and that tariffs on imports from the country would fall significantly following a deal, but not to zero. In a sign that traders expect Wall Street to rally on Wednesday, S&P 500 futures jumped almost 2% following Trump's comments, while Amazon.com and Nvidia were last up 3% each and Apple climbed 2% in after-hours trading. During Tuesday's session, a broad rally boosted all three major U.S. indexes by more than 2.5%, as investors looked past Trump's attacks against Powe...

[hfe_template id='11223'] [ad_1] Global brokerage firm HSBC has lowered its target price on Zomato (Eternal) and Swiggy, citing sustained intense competition in the quick commerce (Q-Comm) industry. In a note, HSBC said Gross Order Value (GOV) growth in the Q-Comm space will remain a key focus for investors in the near term, as players face persistent pricing and delivery pressures. It also pointed out that consensus expectations for food growth have now been lowered to 12–15%. HSBC maintained a 'Buy' rating on Zomato but cut its target price to Rs 280 from Rs 315. For Swiggy, it retained a 'Hold' rating and reduced the target to Rs 385 from Rs 460. Meanwhile, in early trade on Friday, shares of both companies rose in line with the broader market rally. Zomato jumped over 3% to Rs 218.2, while Swiggy gained 2.3% to Rs 347.5. Also Read: Sensex surges 1,400 pts, Nifty tops 22,800 as investors cheer US tariff reprieve Live Events Zomato shares also reacted ...

[hfe_template id='11223'] [ad_1] Led by a confluence of cooling bond yields, a topping-out of the dollar index, and a rupee rally that saw its best weekly gain in 2 years, Sensex has rallied over 3,000 points in just 5 trading sessions with investor wealth ballooning by Rs 22 lakh crore as the market capitalization of BSE-listed stocks shot up to Rs 413 lakh crore. With a 4% surge, it was the best weekly gain for Sensex and Nifty in the last 4 years. Short covering helped the Sensex breach the 77,000 mark in intraday trades. Additionally, squaring off positions ahead of next week’s monthly F&O expiry also contributed to the sharp rally, analysts said. The rally was broad-based, with smallcap and midcap indices ending the week 8-9% higher. Foreign institutional investors (FIIs), once aggressive sellers, are now rushing back, turning net buyers in three of five sessions this week, including 2025’s highest buying of nearly Rs 7,500 crore on Friday. The shift comes as th...

[hfe_template id='11223'] [ad_1] U.S. stocks rebounded on Friday as investors hunted for bargains at the end of a tumultuous week in which U.S. President Donald Trump's escalating trade war fueled recession fears and doused risk appetite. A broad rally boosted all three major U.S. stock indexes to solid gains, with recently battered tech-related megacaps enjoying a comeback. Every one of the so-called Magnificent 7 artificial intelligence-related momentum stocks advanced, although six of them remain down on the year. The S&P 500 and Nasdaq logged their biggest one-day percentage gains since November 6, the day after the U.S. presidential election. Chips were outperformers, rising 3.3%, while the FANG group of tech-adjacent momentum stocks advanced 3.2%. "I don't see a catalyst that would spark this huge upside we're seeing in markets," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. Live Events "We'...

[hfe_template id='11223'] [ad_1] The shares of state-owned mini ratna NHPC Ltd have rallied 10% in 2 days to hit a high of Rs 82.13 on the BSE after the global brokerage firm CLSA upgraded the stock to ‘High Conviction Outperform’ from an earlier ‘Outperform’. However, the stock’s target price was slightly reduced to Rs 117, from Rs 120 previously. CLSA's bullish outlook stems from several factors. The firm believes NHPC's stock could potentially double in the next four years. They see the recent 25% stock correction over the past six months as an attractive entry point for investors. The global brokerage firm highlighted the start of the Parbati 2 hydro project, which has boosted NHPC's regulated equity by 27% in the first quarter of fiscal year 2025. Additionally, CLSA noted NHPC's entry into shorter-duration regulated pump storage as a positive development. Looking ahead, CLSA also anticipates a doubling of regulated equity over fiscal years 2024-2028 ...

[hfe_template id='11223'] [ad_1] The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible Republican Party sweep in Congress fueled expectations for favorable business policies. Also supporting stocks this week was a widely expected interest rate cut of 25 basis points by the Federal Reserve on Thursday. The S&P 500 and the Dow Industrials registered their best weekly percentage jump since early November 2023, while the Nasdaq notched its best week in two months and second-best week of 2024. Investors were also monitoring for a likely "Red Sweep" as Republicans were set to keep their narrow lead in the House of Representatives after winning control of the Senate. That would make it easier for Trump to enact his legislative plans. Expectations for lower corporate taxes and deregulation lifted the Nasdaq to record closing highs for three straight sess...

[hfe_template id='11223'] [ad_1] The seemingly unstoppable stock market rally is wobbling as it confronts a horde of challenges to the momentum that's taken it from record high to record high. A rout early last month was a glimpse of how quickly things can turn bad, a sharp selloff driven by US recession fears that rocked investors used to going in only one direction. While the S&P 500 subsequently rebounded, crucially it didn't made back all the ground lost. Then, US data Friday showing weaker payrolls growth reinforced the view that the labour market is cooling and sent stocks reeling. The S&P 500 fell 4.25% last week, while the Nasdaq 100 lost the most since November 2022. Worries about the US are just one of the cracks. There's also concern about growth in China and Germany, and the implications of that weakness on earnings and prices. That's making the way forward look more volatile, even as the foggy rate path clears up and investors count d...