IndusInd Bank shares: IIHL, the investment arm of the Hinduja Group, recently obtained in-principle approval from the Reserve Bank of India (RBI) to raise its stake in IndusInd Bank from 16% to 26%.
Bajaj Auto shares in focus after reappointing Rajiv Bajaj, announcing Rs 1,500 crore investment in credit unit
Bajaj Auto’s board has extended Rajivnayan Rahulkumar Bajaj’s term as MD & CEO for five years starting April 1. The company has also approved an Rs 1,500 crore infusion into Bajaj Auto Credit Limited for expansion. Rajiv Bajaj has been with the company since 1990, contributing significantly in various areas including manufacturing and marketing.
Time to buy the value? Deven Choksey on where to buy the dips
Deven Choksey of DRChoksey FinServ suggests that certain sectors like NBFCs, HFCs, manufacturers supplying to renewables, and engineering R&D companies offer significant value due to their corrective downside. He highlights the potential recovery in markets and optimism in metal, pharma, and IT sectors due to favorable economic conditions and reduced FPI selling.
Structural, long only money will come back to India, not China: Niranjan Avasthi
Niranjan Avasthi of Edelweiss MF highlights that while China offers tactical investment opportunities due to recent market rebounds, India remains a strong structural growth story. With the US market peaking, long-term capital is likely to prefer India’s promising economy over Europe’s catch-up phase or China’s temporary gains. Indian markets are attractive with strong growth prospects.
Death Crossovers: These 5 stocks signal bearishness on March 18
These stocks’ 50-day SMA crossed below their 200-day SMAs on March 17.
Mayuresh Joshi’s top two stocks for 3x-4x growth in five years
So, to a certain extent the market is trying to pencil in that earnings should start reviving at some point of time as we head into the first half, both as a combination of better monsoons, aiding global recovery, and consumptions improving because of the tax cuts that we have probably seen.
Negative Breakout on March 13: These 4 stocks dropped below their 200 DMAs
IndusInd Bank shares in focusafter RBI reassures depositors on financial stability
IndusInd Bank share price: As per the auditor-reviewed financial results for the quarter ending December 31, 2024, IndusInd Bank has maintained a strong Capital Adequacy Ratio (CAR) of 16.46% and a Provision Coverage Ratio (PCR) of 70.20%.
Dr Reddy’s shares in focus after recall of mislabelled Levetiracetam injection in US
The potential risks include hypersensitivity reactions, liver injury, hematological toxicity, drowsiness, dizziness, respiratory depression, and, in extreme cases, coma. Dr Reddy’s stated that it has not yet received any reports of adverse events linked to the recall.
Wall Street goes all in on great crypto comeback fueled by Trump
Once dismissed by Wall Street, crypto has gained mainstream legitimacy with Trump’s strategic Bitcoin reserve. At the Futures Industry Conference, finance and crypto executives converged, symbolizing a shift in sentiment as institutional players deepen their involvement in digital assets.