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.
Gold reached a new lifetime high at Rs 86,549 per 10 gram on the MCX, reflecting global trends. Silver also saw gains. Both metals surged due to central bank buying, uncertain U.S. trade policies, and a steady dollar index. The Russia-Ukraine ceasefire talks may limit further gains. Markets are anticipated to remain volatile this week.
India is not a target, it will just be on the margin, some trade-off in terms of, look, be fair and just do not over-tariff us, but broadly balanced. But, of course, we will have to buy some defence planes, that is a given and that should balance the trade, so that is where I stand.
Apple iPhone SE 4 Launch Date and Price: Apple's first event of 2025 is taking place this week. It might unveil the new iPhone SE 4. The event will be streamed live on YouTube on February 19 at 10:30 PM IST. Rumors suggest the iPhone SE 4 will feature an A18 chipset, Face ID, and a single rear camera. The expected price is around $500.
We see Indian markets have shown improved resilience to such volatility, with faster recovery patterns from corrections. However, the immediate term may remain choppy as markets digest these multiple triggers.
In the Nifty500 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on February 18, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
Gold prices remained steady near a record high as investors watched U.S. President Trump's tariff threats and awaited the Federal Reserve's January meeting minutes. Trump's trade measures on autos and other imports continued to raise concerns of a global trade war, while silver, platinum, and palladium saw minor fluctuations.
In the December quarter, nonperforming asset (NPA) provisions for 29 banks rose by 20% year-on-year, reaching Rs 23,298 crore, driven by a significant increase from private sector lenders. Public sector banks saw a record low in provisioning, continuing a decline for the tenth consecutive quarter. Notably, Axis Bank and Kotak Mahindra Bank reported substantial hikes in provisions.
Of the shares sold, 12 million were acquired by Bharti Telecom (BTL)-the main promoter-level controlling company of Bharti Airtel-while the balance shares were lapped up by a host of global and local marquee investors including GQG Partners, Fidelity, Lazard, ICICI Prudential MF and SBI Life, according to people familiar with the matter. Mittal family-backed ICIL sold shares at 1,660 apiece, as per the block deal data.
