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Subscribe to enjoy similar stories. Facing intense competition in China and heavy regulation in Europe, overseas automakers were counting on the U.S. to keep their engines humming.

Bill Ackman, known for his prescient market bets, has raised his takeover bid for Howard Hughes Holdings in a bold push to transform the company into a “modern-day” Berkshire Hathaway, drawing inspiration from Warren Buffett’s legendary investment empire. In a series of posts on microblogging platform X, formerly known as Twitter, the founder of hedge fund Pershing Square Capital Management announced a revised proposal to acquire 10 million newly issued shares of Howard Hughes at $90 per share. If the deal proceeds, Pershing Square will own 48% of the Texas-based real estate developer.

D-Street has been in a downturn, falling on 21 occasions out of 36 trading days so far in 2025. The correction has erased market capitalisation of BSE 500 listed companies by Rs 34 lakh crore to Rs 353.31 lakh crore from Rs 387.18 lakh crore on December 31, 2024. An analysis of the BSE 500 companies reveals 447 stocks witnessing cuts in their market capitalsiation on a year-to-date basis. Just 53 stocks have managed to remain above the December 31, 2024, m-cap on a closing basis.

Subscribe to enjoy similar stories. The December quarter was brutal for investors, with the market slumping 7.3% and portfolios deep in the red. Yet, one investor found an unlikely lifeline: BSE.

shares were largely flat on Wednesday as gains in miner Antofagasta after a rating upgrade were countered by losses in real estate stocks. The pan-European STOXX 600 index held its ground at 557.21 points after closing at a record high in the previous session.

Singapore Telecommunications (Singtel) said Bharti Telecom’s net loss widened in the fiscal third quarter due to the latter’s higher finance expenses from extra borrowings to buy more Bharti Airtel shares. Singtel holds a 49.44% stake in Bharti Telecom (BTL) — the main promoter-level controlling company of Sunil Mittal-led Airtel. The Mittal family-backed Bharti Group owns a majority 50.56% stake in BTL.

Goldman Sachs.

«There has been some pickup, whether in GDP numbers, in earnings growth, or in top line or something for it to get some trigger or some reason to be bullish about or to add on to what the current holding is, so that is what the whole situation is,» says Aman Chowhan, Abakkus Asset Manager. Let us understand what is the way forward for small and midcap stocks and I will break it into two or three points here, first, for the mid and the smallcap stocks as a cycle; second, where are they headed in terms of a theme and when will the momentum really come back in some of these stocks? Aman Chowhan: First thing is, see, there is always this assumption that it is largecap versus midcaps. Normally, it does not happen that way. At any given point of time, there will be some largecap that will do well, some midcap that will do well, irrespective of the cycle.

Bengaluru district consumer court has found theatre chain PVR INOX guilty of delaying movie screenings by airing excessive advertisements. The court called this an «unfair» trade practice and ordered the multiplex chain to pay Rs 1 lakh in punitive damages. It also directed PVR INOX to clearly communicate the actual start time of movies to viewers.

«Short-term adjustments will be there, might be there, I mean one cannot really comment on that but I do not think there is anything structural threat to that,» says Vikas Khemani, Carnelian Asset Management. What we have known from you is that you have been liking the pharma space overall and within that, you have been firm believer that CDMO space has a long way to go and I still remember a line of yours that you shared on our channel itself that Indian CDMO sector is poised for a growth similar to the IT boom of the mid-90s. But given there so many announcements related to tariff and that is the biggest headline for today, do you believe that it can actually make a dent to the structural story or do you believe that tariff imposition and this higher tariff is not likely and the structural story still remains? Vikas Khemani: Again, do not confuse short-term issues with the long-term structural trends. CDMO is a very long-term trend. The need for that is moving away from China, diversifying the base for innovator drugs being manufactured elsewhere and US knows what their interests are, just by imposing some short-term tariffs is also counter to their interest.

As of 10:29 am IST, Bitcoin slipped 0.8% to $95,148, while Ethereum declined 0.6% to $2,678. The global crypto market cap fell 1.6% to $3.13 trillion in the past 24 hours.

Hexaware Technologies climbed 4.6% to Rs 764.7 on the BSE after debuting on Dalal Street on Wednesday. The stock opened on the BSE at Rs 731 with a 3.25% premium, compared to the issue price of Rs 708, while on the National Stock Exchange (NSE), the shares debuted at Rs 745.5, marking a premium of 5.3%. Brokerage JM Financial initiated coverage on the stock with a “buy” rating and a target price of Rs 820, which implies an upside potential of 7% from the current levels.

The NSE Nifty index traded 22.21 points up at 22967.5, while BSE Sensex was up 131.38 points at 76098.77 as of 11:26AM(IST)on February 19.

Zen Technologies snapped their losing streak on Wednesday, soaring 10% in intraday trade to hit their upper circuit at Rs 1,069.20 on the NSE. Zen Technologies shares had fallen after the drone manufacturing company reported a sequential decline in profitability and revenue in its third-quarter earnings for the period ending December.

Germany’s auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen AG, Mercedes-Benz Group AG and hundreds of parts makers dangerously behind in the transition to electric vehicles.

Subscribe to enjoy similar stories. The day after President Trump survived an assassination attempt in Pennsylvania last summer, he received a call from a familiar French voice. It was Bernard Arnault, owner of the globe-spanning luxury empire LVMH.

Khaitan Chemicals & Fertilizers Ltd.(up 8.26%), Rama Phosphates Ltd.(up 6.98%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 5.32%), National Fertilizers Ltd.(up 4.10%), Southern Petrochemicals Industries Corporation Ltd.(up 3.98%), The Fertilisers and Chemicals Travancore Ltd.(up 3.77%), Rashtriya Chemicals & Fertilizers Ltd.(up 3.69%), Madras Fertilizers Ltd.(up 3.06%), Gujarat State Fertilizer & Chemicals Ltd.(up 2.37%) and Nagarjuna Fertilizers and Chemicals Ltd.(up 2.33%) were among the top gainers.

«Specifically, we do not have a stock list ready, like a shopping list per se. We are still observing what has happened in the quarter which has gone by,» says Dipan Mehta, Director, Elixir Equities. What does one do, just sit it out and watch or do you think it is time now to selectively start buying largecaps or any other for that matter? Dipan Mehta: See, for many-many months I have been quite negative on the market, but now I am getting cautiously optimistic as well and I do feel that there has been a steep correction in many stocks. Valuations have come to reasonable levels.