UPS Financial News

Chirag Doshi, CIO-Fixed Income at LGT Wealth India, believes the current market conditions are ripe for investors to capitalise on bond investments—particularly medium to long-duration government securities. In an interaction with ETMarkets, Doshi recommended a strategic shift in portfolio allocations, especially for those aiming to benefit from the anticipated rate easing cycle. “It is always advisable for clients in an easing interest rate cycle to shift their portfolios towards medium and long duration bonds to make use of the capital gains that they would have when the prices move up and the yields go down,” he explained.

Future Consumer Ltd.(up 4.01%), Bajaj Consumer Care Ltd.(up 2.46%), LT Foods Ltd.(up 1.79%), Patanjali Foods Ltd.(up 1.71%), Gopal Snacks Ltd.(up 1.65%), Honasa Consumer Ltd.(up 1.60%), Adani Wilmar Ltd.(up 1.41%), Dangee Dums Ltd.(up 1.38%), Heritage Foods Ltd.(up 1.35%) and Colgate-Palmolive(India)Ltd.(up 1.23%) were among the top gainers.

Stocks that rallied over 10% included, Bimetal Bearing(14.34%), Lotus Eye Hosp(14.32%), Apollo Finvest(14.11%), Rishabh Instruments(13.83%), Dhanalaxmi Roto(13.21%), Sarvottam Finvest(12.33%), Nandan Denim (12.22%), Deco-Mica Ltd(12.13%), Salzer Electro(12.07%) and Balu Forge Ind(10.66%).

buy call on JSW Steel with a target price of Rs 1230. The current market price of JSW Steel Ltd. is Rs 1058.95. JSW Steel, incorporated in 1994, is a Large Cap company with a market cap of Rs 258851.30 crore, operating in Metals — Ferrous sector. JSW Steel Ltd. key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets, Rolled Product, Coils (Cold Rolled), Coils & Sheets (Galvanised), Iron Ore, Others, Billets & Blooms, Other Operating Revenue, Color Coated Coil/Sheets, M S/S S Slabs for the year ending 31-Mar-2024.

As a child growing up in the 1980s on the outskirts of London, they appeared for a month or so to herald the arrival of the hottest time of the year. Their air of rare luxury during the brief height of the English summer helps explain their indelible association with the Wimbledon tennis tournament, where more than two million are consumed each year. How things have changed. My own children are likely to grow up thinking of them the way I think of apples or bananas — affordable, year-round fruits, barely more exotic than potatoes. This is all due to remarkable innovation in recent decades that has turned a once-rare crop into a harvest on the scale of the global coffee or leather trades. It’s also a sign of how such progress can make efforts to protect the environment harder.

Subscribe to enjoy similar stories. CK Birla Group’s flagship BirlaNu, formerly known as HIL Ltd, is set to invest around $150 million ( ₹1,300 crore) to help achieve its target of becoming a $1 billion (about ₹8,600 crore) company by 2028 and revive growth. The Delhi-based firm will look to expand manufacturing capacities and pursue inorganic growth opportunities through acquisitions to drive growth.

The Nifty future closed positively with gains of 0.78%, at the 23,382 level on Friday. India VIX fell by 0.2% to close at 12.58 in the previous trading session.

capital formation is expected to be driven by the expanding bond markets, currently valued at $2.69 trillion, according to analysts at IndiaBonds.com. Data compiled by IndiaBonds.com, sourced from the Clearing Corporation of India (CCIL) and the Securities and Exchange Board of India (SEBI), reveals that the Indian Bond Market stood at US$2.69 trillion at the end of December 2024, with the corporate bond market surpassing US$602 billion.

Rupen Rajguru, MD, Senior Advisor, Julius Baer, says we are seeing a classic bottoming of the market and recovery will be slow, and not as significant and fast as we have seen in the previous cycle. But probably the market looks into the rate of change and at the margin, FY26 is going to be significantly better from an earnings perspective vis-a-vis FY25. What is your take on the overall market sentiment because in 2025 there has been a change in the narrative on how you look at the emerging markets, especially India. March has been quite a volatile month for us though we are cheering the recovery from the lowest level but the harsh reality is that among the SMIDs, there are pockets where we might not see the stocks recovering back to those 2024 highs. Is it the time to deploy more or rather be selective? Rupen Rajguru: Purely from a market perspective, in the very short to near terms, sentiment and liquidity determines the market momentum and both of these change very fast. Probably on March 4th, we were the worst as far as the sentiment and liquidity was concerned. So, while liquidity has not changed, but definitely in the last two weeks or so, sentiment has changed. And why has the sentiment changed?

Subscribe to enjoy similar stories. Canada’s Prime Minister Mark Carney called for elections on April 28, 2025. (Photo by Andrej Ivanov/Getty Images) New Canadian Prime Minister Mark Carney called for a snap election in late April as the country steels itself to respond to President Donald Trump’s threatened tariffs and repeated calls for it to become the U.S.’s “51st state." Carney was sworn in less than two weeks ago to succeed Justin Trudeau.

Subscribe to enjoy similar stories. UNTIL RECENTLY Elon Musk had little need to look over his shoulder. He once described competition for Tesla, his electric-vehicle (EV) company, as “the enormous flood of gasoline cars pouring out of the world’s factories every day", rather than the “small trickle" of other EV-makers.

Subscribe to enjoy similar stories. India has been playing nice with America’s Donald Trump administration. So too with EV-maker Tesla and the satellite services arm of SpaceX, both led by Elon Musk, who is widely seen as President Trump’s confidant, a billionaire shaking up the US by taking a chainsaw to its government under the Department of Government Efficiency.

Subscribe to enjoy similar stories. China’s armed forces are more ready than ever to surround the self-ruled island of Taiwan, cut it off from the world and try to squeeze it into submission. A Chinese blockade of Taiwan would be an act of war that sparks a global crisis.

Subscribe to enjoy similar stories. Israeli Prime Minister Benjamin Netanyahu and his new national-security team are planning a major ground offensive in Gaza in the belief that capturing and holding swaths of territory will allow them to finally defeat Palestinian Islamist militant group Hamas, according to people familiar with the government’s thinking. On Sunday, Israel sent infantry into the northern part of the Gaza Strip and areas around Rafah in the south.

«Nifty has recovered 6.3% in the last three weeks indicating value buying at lower levels. We expect this upward momentum to continue, on the back the foreign institutional investors’ return to the Indian market amid attractive valuations and signs of economic recovery,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal Financial Services.

NPS and he buys health insurance for himself and his parents.

DSP Small Cap Fund, one of the oldest in the small-cap category since its launch in June 2007, remains among the few funds in its segment with no exposure to large-cap stocks. It continues to allocate around 90% of its corpus to small cap stocks, with the rest split between cash holdings (slightly higher than usual) and mid-cap stocks. This is despite the Nifty Small Cap index falling 21%so far in 2025, and 24% from its peak in December 2024. Of course, Sambre has paid the price. So far this year, the scheme has delivered a negative return of 19.2%. Acknowledging the risks of small-cap investing, Sambre remains firm in his approach: if investors seek a small-cap fund, they should expect a true, small-cap experience. Previously the sole manager of the fund, he now oversees DSP’s equity funds, which have a combined corpus of approximately Rs.1.08 trillion. Additionally, he co-manages three schemes, including the mid-cap and small-cap funds, worth Rs.30,000 crore.

Fractal Analytics, a Mumbai-based artificial intelligence company, has proposed to build India’s first large reasoning model (LRM) at a total project cost of Rs 118.8 crore. In a proposal to the IndiaAI Mission, Fractal has sought an external funding of Rs 76.6 crore from the government for the initiative. The proposed LRM series will include a small model (2-7 billion parameters), medium model (20-32 billion parameters) and a large state-of-the-art model (70 billion parameters) with up to 1 trillion training tokens.

debt markets last week to raise up to $1.25 billion between them through US dollar bonds as global investors seek exposure to India's growth. Renewable energy firm Greenko Energy Holdings raised around $1 billion from investors, while Muthoot Finance raised $250 million. Greenko's bond was priced at 7.25%, tighter than the initial 7.62% target. The bond, issued under a dual Reg S and Reg S 144A structure, is backed by Greenko Wind Projects (Mauritius) and drew over $3 billion in investor interest. However, the company opted to retain $1 billion, according to two sources.

HCL-Foxconn joint venture has begun talks with Larsen & Toubro (L&T) as well as Taiwanese major CTCI as it looks to onboard an EPC (engineering, procurement and construction) partner for its upcoming outsourced semiconductor assembly and testing (OSAT) facility, people aware of the development told ET. EPC companies essentially handle projects from the initial design and engineering to construction and completion stage. «Since Foxconn's semiconductor group head was in India, HCL arranged a meeting with EPC vendors like L&T and CTCI, who have worked extensively with Foxconn,» one of the people cited earlier said. «It took place as a preliminary discussion to see who could be the partner for the facility, going forward, because HCL-Foxconn are hoping to receive Cabinet approval by the end of this month.»