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Minda Corp's ambitious Vision 2030, projecting substantial revenue and EBITDA growth, has garnered strong endorsement from market expert Parag Thakkar. While expressing caution towards the IT sector due to AI's potential deflationary impact and other headwinds, Thakkar remains constructive on metals, highlighting Hindalco and JSW Steel as promising investments.
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Maruti Suzuki shares hit a 52-week high on the BSE on Wednesday after Goldman Sachs upgraded the stock to Buy with a target of Rs 18,900. The upgrade highlights strong entry-level demand, new model launches, and strategic advantages in upcoming emission norms.
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Bitcoin is range-bound at $112,218, while Ethereum trades around $4,140, awaiting cues on potential rate cuts. Optimism is fueled by new wallets accumulating 73,702 BTC, and social media buzz suggests fresh liquidity. Analysts indicate a macro bullish structure with room for upward momentum, but caution that Bitcoin needs to hold above $114,000 with genuine spot demand for a durable shift.
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