We saw one of a large private equity fund going and meeting President Trump and saying that you had asked me to bring $100 billion, here I am bringing $500 billion. Clearly, America first policy and higher interest rates, as well as high bond yields is pushing capital back to America. And finally, emerging market today is like 1980s Indian cricket team.
International mutual funds have outperformed domestic equity mutual funds in the current year, driven by shifts of Foreign Institutional Investors (FIIs) to markets like China and the US. Experts suggest investors remain focused on the Indian equity market, which shows growth potential and support from Domestic Institutional Investors (DIIs).
Ola Electric's stock fell 3.44% after reporting a Q3FY25 net loss of Rs 564 crore, widening from Rs 376 crore YoY. Revenue declined 19% to Rs 1,045 crore. Deliveries dropped to 84,029 units. Goldman Sachs maintained a Buy rating with a Rs 101 target, citing strong revenue and in-house component integration in the Gen 3 portfolio.
Let us not get into this narrative and unnecessary commentary here and there because India is largely a services exporter. So, it will just be getting this firm commitment that Trump will get the kind of support he needs wherever and he can count on India.
In the Nifty500 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on February 7, according to stockedge.com's technical scan data.
Shares of Bharat Heavy Electricals Limited (BHEL) rose 3.5% after receiving a Letter of Intent for the BF800 HVDC project from Rajasthan Part I Power Transmission. Additionally, BHEL secured an Rs 8,000 crore order from Maharashtra State Power Generation for a thermal power station project. BHELs shares have offered 264.17% returns over the last three years.
Chandan Healthcare's Rs 107 crore SME IPO will open for subscription on Monday, targeting a listing on the NSE SME platform. The company plans to use the IPO proceeds to set up new diagnostic centres and laboratories in Uttar Pradesh. Chandan Healthcare operates an extensive diagnostic network in North India, providing pathology and radiology services.
Shares of CMS Info Systems, Disa India, and Symphony are in focus today as these companies set February 11 as the record date for dividend eligibility. CMS Info Systems offers Rs 3.25, Disa India Rs 100, and Symphony Rs 2 per share. Today is the last chance to buy these shares to qualify for the dividends.
