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Stock Picks Today: Bullish On Meesho, Max Financial, PhysicsWallah, NALCO On Brokerage Radar
Check out top stocks under brokerages' radar heading into trade today.
Stocks to Buy: This auto parts maker is already up 137% from its IPO price and HSBC sees further upside
Belrise's proposed ₹2,000 crore qualified institutional placement (QIP), if approved, would provide sufficient financial flexibility for future capacity expansion and potential inorganic growth opportunities, HSBC's note said.
LPG crunch forces IRCTC to resume cooking onboard; 60% of railway food to be prepared on electricity
Indian Railway Catering and Tourism Corporation is now cooking meals inside moving trains. This practice was stopped earlier but has resumed using electric induction stoves. The company is also using induction cookers at major stations. This change is due to a significant shortage of commercial LPG cylinders. The disruption has impacted IRCTC's financial performance.
HC quashes ₹23,600 cr retrospective spectrum dues on Airtel, Voda Idea
The Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ruled the government could not retrospectively impose these charges for the period between 2008 and 2012. This decision removes significant financial uncertainty for the telecom sector. It creates a more supportive environment for future investments in India's telecommunications industry.
Tax reforms strengthen India's bond market appeal, say financial market veterans
Ananth Narayan, Former Whole-Time Member of SEBI and S Naren, ED & CIO of ICICI Prudential MF believe the reforms remove key barriers for overseas investors, strengthen confidence in the rupee, and could attract billions of dollars into India's debt markets over time, while paving the way for deeper global financial integration.
Chola Securities' Dharmesh Kant sees BFSI earnings revival; likes IndusInd Bank, Axis Bank
Despite recent market volatility, Dharmesh Kant, Head Research at Chola Securities, believes investors should focus on bottom-up stock picking. He expects the banking and financial sector to emerge as a key earnings driver as stable interest rates support margins and treasury income. Among his preferred ideas are Aurionpro Solutions, Tata Technologies, IndusInd Bank, Axis Bank, Bank of India and Aadhar Housing Finance. He also remains positive on the long-term growth prospects of exchanges, AMCs and other capital market plays. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Retail holding tops FIIs in 118 Nifty 500 stocks since March 2024; who won?
In last two financial years, retail investors increased holding in 118 Nifty 500 stocks where FIIs cut stake; of these 65 stocks trade below March 2024 levels amid tepid market mood, shows data.
Citi leverages AI to transform payments, boost efficiency and enhance cross-border transactions
Citi is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-border documentation. The financial giant is deploying AI for client servicing and risk management, processing $6 trillion daily. India's sophisticated payment infrastructure, including UPI and the JAM trinity, offers global lessons in real-time, cost-effective transactions.
Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATA
Soaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to the head of the global airline body. Slow aircraft and engine deliveries are exacerbating these financial strains. Despite challenges, the low-cost model remains viable outside the U.S., and the industry is committed to its net-zero by 2050 target.
AI-Led Job Cuts: How To Build A Financial Safety Net Before It Gets Too Late
The global technology sector has witnessed a fresh wave of layoffs in recent months.
'Looks overpriced': Valuation expert Damodaran puts SpaceX worth well below $1.8 trillion
In a detailed post on X, the New York University professor said the IPO prospectus largely confirmed his earlier assessment of SpaceX as a high-growth but money-losing company whose valuation is driven more by its future narrative than its current financial statements.
FPI tax relief brings India's bond market closer to global standards: EY
Tejas Desai, Partner & Tax Financial Services Leader at EY India believes the move will make Indian bonds more attractive to overseas investors. He also highlighted higher investment limits for NRIs and OCIs and measures to simplify foreign investment, though he expects inflows to build gradually over time.