Market Bizzz

Here’s what Santosh Meena, Head of Research at Swastika Investmart, StoxBox, recommends investors should do with these stocks when the market resumes trading today.

Markets in Asia began the week on a cautious footing. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.7% after Iran had, late on Saturday, launched explosive drones and missiles at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1.

Spot gold was up 0.3% at $2,350.59 per ounce, as of 0056 GMT. Bullion hit an all-time high of 2,431.29 on Friday.

Issue priced at Rs10-11 a share; at higher end, FPO is at 26% discount to preferential issue.

Investors remain bullish on India’s stock market performance under Prime Minister Narendra Modi’s govt, anticipating stability, growth, and continued attractiveness to global funds. Modi’s focus on manufacturing, infrastructure, and addressing electorate concerns are key expectations.