An ARIA analysis shows that trading-call providersboth registered and unregisteredaccounted for nearly 97% of Sebis enforcement orders under the Investment Advisers framework since 2013. Of 218 orders issued until March 2025, only six involved registered investment advisers, none of which led to investor losses. The findings highlight high compliance standards among genuine fiduciary advisers.
Indian gold prices have seen a significant jump, nearing Rs 1,26,000 per 10 grams. This rise is driven by positive global sentiment regarding the US government shutdown resolution and expectations of US Federal Reserve interest rate cuts. Strong domestic demand from the wedding and festive season further supports this upward trend.
NALCO shares saw a sharp uptick in two days after reporting strong Q2 results, with net profit up 37% YoY to Rs 1,430 crore. Brokerages including Axis Securities, PL Capital, and Emkay Global remain bullish, citing cost efficiency, expansion projects, and improving aluminium prices as key growth drivers.
Market expert Ambareesh Baliga sees strong growth in India's beauty and personal care sector, with Nykaa's profits picking up. However, he expressed caution on Trent due to potential pressure on same-store sales. For power ancillary companies like Transformers and Rectifiers, Baliga advised waiting due to cash flow concerns, while a dip in Transrail Lighting might signal sector-wide issues.
Warren Buffett reflected on life and his health in a new letter to shareholders where he announced $1.3 billion in new charitable gifts to the four family foundations run by his children that have been helping steadily give away his fortune since 2006.
Edtech giant PhysicsWallah's Rs 3,480 crore IPO opens Tuesday, priced between Rs 103-109. Despite mixed market sentiment for tech listings, the company boasts a strong brand and a profitable model, showing a significant financial turnaround. Analysts are divided, with some recommending a 'subscribe' and others urging caution.
