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‘Korean markets are like small caps’, says Capitalmind Mutual Fund CEO Deepak Shenoy; Kospi jumps 5%
Investor sentiment in South Korea shifted amid falling oil prices and positive news from US-Iran talks. However, proposed taxes on unrealised gains introduced uncertainty, contributing to significant market volatility and sharp fluctuations for major technology stocks.
Bank of America raises Korea growth outlook on AI chip demand, sees 3 rate hikes in 2026 By Investing.com - Investing.com India
Bank of America raises Korea growth outlook on AI chip demand, sees 3 rate hikes in 2026 By Investing.comInvesting.com India
D B Corp Ltd down for fifth straight session
D B Corp Ltd is quoting at Rs 198.73, down 0.6% on the day as on 13:19 IST on the NSE. The stock tumbled 25.13% in last one year as compared to a 5.29% slide in NIFTY and a 13% fall in the Nifty Media index.
Patanjali Foods Ltd slips for fifth straight session
Patanjali Foods Ltd is quoting at Rs 412.4, down 0.43% on the day as on 13:19 IST on the NSE. The stock tumbled 25.13% in last one year as compared to a 5.29% slide in NIFTY and a 10.33% fall in the Nifty FMCG index.
Shriram Finance Ltd soars 2.28%, Gains for third straight session
Shriram Finance Ltd is quoting at Rs 1042.2, up 2.28% on the day as on 12:49 IST on the NSE. The stock is up 48.21% in last one year as compared to a 5.31% fall in NIFTY and a 1.06% fall in the Nifty Financial Services index.
Dr Reddys Laboratories Ltd gains for fifth session
Dr Reddys Laboratories Ltd is quoting at Rs 1350.6, up 1.67% on the day as on 12:44 IST on the NSE. The stock is up 2.2% in last one year as compared to a 5.31% fall in NIFTY and a 14.95% fall in the Nifty Pharma.
Oracle Financial Services Software Ltd gains for fifth session
Oracle Financial Services Software Ltd is quoting at Rs 10909, up 4.21% on the day as on 12:44 IST on the NSE. The stock is up 20.22% in last one year as compared to a 5.31% fall in NIFTY and a 29.42% fall in the Nifty IT.
Sterlite Tech hits 5% upper circuit on QIP launch; zooms 495% in 6 months
Sterlite Technologies plans to raise up to ₹1,500 crore through the QIP route. Recently, Bandhan Mutual Fund sold 1.82 million equity shares of STL in open market trade.
A Decade Of Growth: Trent's Valuation Swells Nearly 50x To Rs 1.73 Lakh Crore Under Noel Tata
Noel Tata's legacy is cemented as one of the architects in modern Indian retail.
Euro attempts recovery against dollar from around 12-month low
Euro attempts recovery against the dollar on Thursday after being pushed to its lowest level in almost a year. EUR/USD is seen quoting at $1.1403, up marginally on the day after the counter was severely battered through the week and last as dollar firmed up on a hawkish Fed stance. Possibility of more than one Federal rate hike this year to tame soaring inflation is seen propping dollar and weighing on dollar denominated assets. The dollar index is trading above 101 mark and yield on the US 10-year Treasury note is also hovering around 4.4% this morning. Investors also continued to evaluate the outlook for Federal Reserve policy ahead of a key US inflation report that could help shape expectations for interest rates. On the NSE, EUR/INR futures are down around 0.12% at 107.40.
Shares of India's largest lender could cross record high levels, according to CLSA
SBI is one among the few Nifty 50 stocks that do not have a "sell" recommendation among the analysts who track the stock. 49 analysts have coverage on SBI, of which 43 have a "buy" rating, while six others say "hold."
Broader market winners! How investors found 15 multibaggers in a muted Nifty year?
Despite a subdued Nifty, several Indian stocks have surged, becoming multibaggers for investors. This outperformance is attributed to resilient corporate earnings, particularly in small and mid-cap segments, and company-specific growth drivers. While near-term challenges like rising costs and potential earnings downgrades exist, the overall FY27 outlook remains manageable, with easing geopolitical tensions expected to aid recovery. Investors are advised to focus on fundamentals over momentum.