 |
|
|
|||||
Nifty is poised for an upward movement towards the 25,300-25,500 range, fueled by the RBI's rate cut. Experts suggest a 'buy on dips' strategy, anticipating gains in rate-sensitive sectors like private banks, real estate, and automobiles. Technical analysis indicates a potential breakout, with key support levels identified at 24,800 and 24,500.
Category:
News and Media
Morgan Stanley's Gokul Laroia believes Indian market recovery hinges on government spending and rural demand revival. He anticipates continued US dollar weakening. Laroia notes global investors were cautious about India but that sentiment is shifting. He acknowledges India's valuations are high but justified by earnings growth and ROE. US Treasury yields are a concern due to the rising fiscal deficit.
Category:
News and Media
Mizuho Financial Group is set to acquire KKR-backed Avendus Capital for $700 million, marking Mizuho's largest investment in India. The deal involves KKR's exit and will give Mizuho up to 70% ownership. Avendus founders, excluding Ranu Vohra, will remain invested and manage the company, continuing its operations across financial services in India, the US, and Singapore.
Category:
News and Media
Loan loss provisioning by banks, especially private sector banks, increased in the March 2025 quarter due to higher slippages and asset quality pressure in microfinance loans. NPA provisioning rose sequentially and year-on-year, with 22 banks reporting an increase. Stress in the microfinance portfolio is expected to continue, potentially leading to further slippages in the coming quarters.
Category:
News and Media
President Trump's travel ban, affecting citizens from 12 countries, is set to take effect, aiming to protect the U.S. from perceived terrorist threats. The ban, which restricts entry and imposes partial restrictions on several nations, has sparked dismay and disbelief internationally. Chad has retaliated by halting visas for U.S.
Category:
News and Media
Sites : [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] next »