Profit by knowlytics
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Wellington Management, Vanguard and Blackstone have launched two investment funds combining public and private market assets, aimed at high-net-worth and mass-affluent investors. The products, initially available through Bank of America and Merrill, reflect the industry’s push to expand access to alternative investments beyond institutional clients.
South Korea’s GDP expanded 0.6% in the second quarter. Robust semiconductor exports offset weakness in construction investment, reinforcing optimism for the technology sector. The Bank of Korea expects annual growth around three percent this year. Further interest rate hikes are anticipated due to elevated inflation and growth. This data supports sentiment towards South Korean export-oriented…
Speculation about a Tesla and SpaceX merger has intensified recently. Elon Musk did not rule out combining his companies during an earnings call. Investors see a stronger case for integrating these technology powerhouses. Existing collaborations already span batteries and AI chip development. However, significant regulatory and governance hurdles remain for any potential deal.
Leading brokerage firms have identified twelve Indian stocks for investment. Goldman Sachs favors Reliance Industries and Adani Power among others. InCred Equities sees significant upside in APAR Industries and CONCOR. Axis Bank has also recommended Chalet Hotels and Ujjivan Small Finance Bank. These selections offer potential growth opportunities for investors in the current market.
Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from operations also saw a substantial 69% jump. New agreements with major global financial institutions were highlighted. Management attributed success to AI-first strategy and product modernization.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
The IPO is entirely an Offer for Sale (OFS) comprising more than 2.59 crore equity shares, which means the proceeds will go to the existing shareholders, while the company itself will not receive any funds from the offering.
11 smallcaps have at least doubled in six months, led by Sterlite Technologies’ 451% jump, as FIIs raised stakes across the March and June 2026 quarters. The parallel rise signals selective conviction, but analysts warn the sharp rerating leaves little room for earnings misses.
Dr Reddy’s shares plunged 9% on Thursday after the drugmaker reported a weak Q1 FY27 performance, with net profit tumbling 69% year-on-year to Rs 443 crore and revenue declining 6% to Rs 8,071 crore. Earnings were hit by a Rs 240 crore semaglutide API-related impact, including inventory provisions, while higher solvent and freight costs due…
Shares of Eternal climbed 3% after its Q1FY27 earnings, with brokerages reaffirming bullish views on the stock. JPMorgan, CLSA, Jefferies, Nomura, Motilal Oswal and Emkay retained positive ratings, citing accelerating growth in food delivery and Blinkit, improving quick commerce profitability, stronger margin guidance and management’s confidence that competitive intensity has become more predictable.