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Amidst escalating global tensions, Ukraine launched drone strikes on Russian air bases, damaging aircraft ahead of peace talks. Concerns about nuclear escalation have resurfaced, prompting European nations to prepare for broader conflict. With instability rising in the Middle East and Asia, analysts question whether the world is entering a wider war, as countries increase defense readiness.
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News and Media
Indian equity benchmarks ended slightly lower on Friday but recorded a third consecutive monthly gain, buoyed by steady institutional inflows and strong corporate earnings, despite global trade and geopolitical concerns. The Nifty 50 rose 1.7% and the Sensex gained 1.5% in May. Amid this positive backdrop, analysts have identified five technical picks that could deliver gains of up to 20% in the near term.
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News and Media
Anshul Saigal of Saigal Capital suggests metal stocks are poised for growth due to cyclical lows, attractive valuations, and rising global demand. While auto sector growth is modest, excitement stems from increased profitability in SUVs and anticipated commercial vehicle volume growth. Saigal views promoter buying as a stronger indicator than selling, attributing sales to various factors like parental debt.
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News and Media
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