Address: 273 Donlea Road, Barrington Hills Listed: June 9, 2025 Price: $ 2,275,000 Listing agent: Dean Tubekis, Coldwell Banker, 847-809-8070 This six-bedroom French provincial-style home has a stone exterior, a brick paver driveway, peaked cedar roofs and arched mahogany doors. The main floor houses the primary bedroom, two additional bedrooms, a living room, a kitchen, […]
Morgan Stanley initiated an 'Overweight' rating on Schloss Bangalore, setting a target price of Rs 549, driven by a luxury hospitality upcycle and strong financials. The stock surged 5% following the report. While concentration risk and demand cyclicality are concerns, steady growth and low debt support a potential re-rating for the company.
Nomura picks Bharat Petroleum Corporation Ltd as top stock among state oil firms. The brokerage highlights BPCL's refining efficiency and balanced business. Nomura projects a potential 26% rally in BPCL shares. They raise the target price to Rs 435, reiterating a 'buy' rating. BPCL's superior refining performance sets it apart from Hindustan Petroleum Corporation Ltd and Indian Oil Corporation Ltd.
Vedanta shares have struggled despite a strong 7% dividend yield and robust operational performance. Analysts remain cautious due to the pending demerger and past governance issues. While some advise waiting, others see long-term value, driven by Hindustan Zincs growth plans, aluminium expansion, and the companys focus on debt reduction.
Gold futures opened lower at MCX due to Trump's new tariffs, while silver saw a slight increase. Market volatility is expected this week amid dollar index fluctuations and upcoming US trade deal deadlines. Experts suggest monitoring key support and resistance levels for both gold and silver, with potential buying opportunities on dips for silver.
Geoff Dennis, an Independent EM Commentator, dismisses the notion of BRICS posing a currency threat to the US, despite China's desire for a stronger RMB. While some de-dollarization exists, Dennis believes Trump's perception of any overseas collaboration as anti-American is a key factor.
The newly announced tariff, set to take effect on August 1, is slightly lower than the 37% rate initially proposed in April. Nevertheless, it remains well above the standard 10% baseline and is likely to affect Bangladeshs competitiveness in the global garment supply chain.
