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Peter McGuire discusses the potential impact of Trump's proposed tariffs on Russian energy, noting an initial dip in oil prices. While gold consolidates, silver is experiencing a surge, reaching 14-year highs. Investors are shifting focus to silver due to its potential and demand in renewable energy sectors, with a bullish outlook for continued growth.
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Ola Electric shares: On Monday, Ola Electric Mobility reported a consolidated net loss of 428 crore for the quarter ended June 30, 2025, a 23% increase year-on-year, though the loss was lower than Kotak Institutional Equities estimates.
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News and Media
Spunweb Nonwovens IPO was off to a strong start, garnering 7.61x subscription on Day 1, led by robust retail and NII demand. Shares are commanding a grey market premium of Rs 2530, indicating a potential 26% listing gain. The Rs 61 crore issue, entirely fresh, aims to fund working capital, invest in a subsidiary, and reduce debt.
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