Ahead of the higher securities transaction tax (STT) on derivatives set to kick in from April 1, most brokerages are avoiding broad-based hikes to protect trading volumes and client activity,…
Category: Market
Nvidia’s PE sinks to seven-year low as war and AI angst weigh
As global stock markets tumble over deepening worries about war in West Asia, , the world’s most valuable company, finds itself trading at its cheapest price-to-earnings multiple since before ChatGPT…
XED withdraws GIFT City IPO amid weak demand and KYC hurdles
In a significant setback to listing momentum at the GIFT International Financial Services Centre (IFSC) in Gujarat, Mumbai-based XED Executive Development Ltd has withdrawn its proposed initial public offering (IPO)…
Silver jumps ₹7,000, gold rises ₹3,700 on wedding season demand
Precious metal prices rebounded by about 3 per cent in the national capital on Monday, with silver jumping by ₹7,000 to ₹2.37 lakh per kilogram, and gold advanced to ₹1.51…
Broker’s Call: Coal India (Buy)
Target: ₹506 CMP: ₹450.25 Coal India (CIL) has a total output of 781 million tonne (mt) in FY25. It aims to increase its coal production to 1 billion tonne by…
STT hike on F&O kicks in from April 1: Will it worsen pain for traders amid US-Iran war-led volatility?
The hike in (STT) on futures and options (F&O) trading, announced by Finance Minister Nirmal Sitharaman in Budget 2026, is set to come into effect from April 1, 2026, with…
Risk-off has reset India’s EM positioning; a broad rerating is premature
India has been in a sustained risk-off phase since late 2024, which intensified in March amid rising geopolitical tensions and oil-price volatility. Sentiment softened as the expected duration of the…
India 10-year bond yield tops 7%, sees biggest monthly surge in 9 years
Indian government bonds slumped on Monday, closing out a rough financial year, with the 10-year benchmark bond yield posting its biggest monthly spike in nine years, on bets that a…
US stock market today: Dow, S&P 500 futures gain even as US-Iran war drags into fifth week
After closing four consecutive weeks in losses, the is likely to kick off Monday’s session, March 30, with modest gains, even as tensions in West Asia continue to simmer. Futures…
Broker’s Call: V-Mart Retail (Buy)
Target: ₹850 CMP: ₹475.35 For V-Mart Retail, the summer offtake remains healthy and winter merchandise spillover was limited to Q4. While core V-Mart is expected to remain steady, Unlimited’s new…