Shares of Tips Music rallied as much as 11% to an intraday high of Rs 740 on the BSE on Monday after the company said its board will meet on July 22 to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and a proposal for the buyback of its…
Shares of HDFC Bank fell more than 5% on Monday after the private lender’s Q1 earnings failed to impress investors, wiping out nearly Rs 70,000 crore in market value, even as brokerages remained bullish on the stock. HDFC Bank fell to an intraday low of Rs 774.55 apiece on the NSE, with its market capitalisation…
Wolfspeed: The Best Bet On The Return Of The AI Trade
July: Reverse mortgage and non-purchase opportunities Homeowners stuck between reverse and conventional loans are a growing broker opportunity A mortgage executive says 30 million homeowners over 55 have equity they can’t access, and brokers who understand the gap have a real opportunity As refi market dries up, equity products continue to drive business for brokers …
Shares of Bharat Heavy Electricals (BHEL) recently scaled a fresh 52-week high, but brokerages believe the rally may not be over yet after the Maharatna PSU posted a strong set of Q1FY27 results last week. The company on Thursday reported a consolidated net profit of nearly Rs 377 crore for the April-June quarter, compared with…
Shares of VA Tech Wabag gained 4% during Monday’s trading session, rising to Rs 2,072, after the water technology company announced a major order win from the Bangalore Water Supply and Sewerage Board (BWSSB) for the development of two energy-efficient wastewater treatment facilities in Bengaluru. The company informed the exchanges that it secured a “Large”…
Itaú Unibanco is Latin America’s best debt capital markets firm, combining sustained market leadership with a consistent ability to execute in complex and often volatile conditions. Its regional platform, built around deep multi-jurisdictional expertise and a broad product offering, has allowed the bank to deliver for sovereign and corporate clients alike, while maintaining a high…
South Korean shares fell nearly 5% on Monday, triggering market-wide trading curbs as investors unwound AI-linked trades, extending a bruising correction that has wiped out more than a quarter of the KOSPI‘s value since its June peak. The selloff highlighted mounting investor anxiety over a market increasingly driven by leveraged bets on AI chipmakers. Once…
Gold Can Make Up For Lost Time, Though Risks Remain
Shares of Yes Bank declined 4% to Rs 22.70 on the BSE on Monday even after the private lender reported a standalone net profit of Rs 1,070.99 crore for the April-June quarter of FY27, a 34% year-on-year (YoY) rise from Rs 801.07 crore posted in the corresponding quarter of the previous financial year. Yes Bank…