Author: FinSiddhi

In today’s trade, shares of IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani Energy among others will be in focus due to various news developments and first quarter results.

Indian pharmaceutical firms experienced a challenging June quarter, marked by declining US business profits. Dr Reddy’s and Cipla saw significant drops in their net profits and operating margins. However, their domestic businesses continued to perform well, offering a positive outlook. Obesity therapies and specialty product launches are expected to drive future growth for these companies….

The Nifty 50 has declined and is now near oversold levels. Analysts suggest a potential pullback towards 24,000 if support at 23,600 is maintained. Traders are advised to consider specific option strategies for the upcoming weekly expiry. Several top stock picks are recommended with defined targets and stop losses. These include Azad Engineering, Laurus Labs,…

Sterling & Wilson plans a ₹1,500 crore IPO for its generator unit. Proceeds will fund the company’s significant global and domestic expansion plans. The generator business has seen strong momentum, driven by data centre growth. Its order book nearly doubled in FY26, reaching ₹2,900 crore. This move aims to strengthen its market position and meet…

India’s primary market momentum continues with over two dozen issuers planning IPOs. These companies aim to collectively raise approximately ₹35,000 crore in the upcoming month. New-age companies like Zepto and PhonePe are expected to lead this significant market activity. Investor appetite is returning as markets stabilize, following a subdued first half. This robust pipeline signals…

Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as inflation concerns receded. Traders now await Federal Reserve interest rate decisions and tech company earnings reports. Central banks globally will emphasize vigilance over higher energy prices impacting inflation. Singapore tightened…

CME Group will introduce single-stock futures for over fifty major US companies. These contracts offer leveraged exposure without the complexity of options trading. The exchange aims to attract new traders and manage risk for institutions. This new financial product is designed for both retail and institutional investors. It aims to capitalize on current market trends…

The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past SBI Cards, which added 162,000. ICICI Bank added 151,000 cards, while Federal Bank continued its strong momentum with 101,000 net new additions.

The asset managers, among the biggest investors in recent IPOs, have told Bengaluru-based Zepto’s representatives in recent discussions that they would not be comfortable subscribing to the issue even at the lower valuation being considered by the company, three people familiar with the matter told ET.

This week is pivotal for gold and silver amid the anticipation of the Federal Reserve’s interest rate decision. Market participants are poised to react to fluctuations in oil prices and the ongoing tensions between the US and Iran. Additionally, critical economic indicators and announcements from central banks will significantly influence bullion pricing.