Waaree Energies' shares experienced a slight dip on Friday after a significant three-day rally, yet remain up nearly 30% over the last three months. The renewable energy firm's market capitalization briefly exceeded 1 lakh crore, prompting profit-booking. This pullback follows strong Q1 FY26 results, with net profit jumping 89.1% to 745.20 crore, driven by growth across its solar business verticals.
BSE shares experienced a surge, climbing as high as 2.7% following reports that Sebi's board meeting wouldn't address ending weekly F&O contract expiries. This news reversed an 8% stock decline triggered by speculation about a shift to monthly expiries. While Sebi considers longer-duration F&O contracts, any changes will involve industry consultation, aiming to balance market quality and hedging.
China's central bank may not cut rates soon. This is despite the expected rate cut by the US Federal Reserve. Policymakers are balancing economic growth with stock market concerns. They want to avoid a repeat of past market crashes. Weak economic data is increasing pressure for stimulus. However, a hot stock market complicates the decision.
Amidst inflationary pressures and fluctuating G-Sec yields, bond investors should exercise caution. Sandip Raichura suggests a barbell approach, advising a mix of short-term, gilt, and corporate bond funds to navigate evolving interest rate dynamics. He also highlights the potential of fixed income as a hedge during volatile market phases.
V. Srivatsa of UTI AMC is strategically reducing exposure to financial services within the UTI Large & Mid Cap Fund due to rising valuations. While maintaining a focus on stability and growth, the fund is selectively diversifying into other sectors.
Israeli Prime Minister Benjamin Netanyahu vowed on Thursday that there would be no Palestinian state, speaking at a signing ceremony for a major settlement project in the occupied West Bank. All of Israel's settlements in the West Bank, occupied since 1967, are considered illegal under international law, regardless of whether they have Israeli planning permission.
