Dinshaw Irani of Helios Mutual Fund discusses investment strategies. He favors new-age companies and highlights quick commerce potential. Irani expresses optimism about Eternal and fintech companies. He also shares a revised outlook on the auto sector, particularly Bajaj Auto, citing its EV initiatives and export performance. Irani sees potential in the defence sector but notes high valuations.
American business leaders are treading carefully in the Trump era, adopting a strategy of vagueness to avoid presidential ire. Companies are hesitant to directly address rising costs due to tariffs, fearing backlash. Walmart and Mattel's experiences demonstrate the potential consequences of even mild criticism, leading to widespread caution in corporate communications regarding trade policies.
Antonio Filosa will become the chief executive of Stellantis. The appointment is effective from June 23. Filosa currently heads Stellantis operations in North America. He joined Fiat Group in 1999. Filosa has held several roles within the group. He previously served as Stellantis COO for South America. Filosa is an Italian national and has a passion for water polo.
Around 11 am, the metal saw buying interest from lower levels, rising 0.36% to trade at Rs 95,490 per 10 grams, a gain of nearly Rs 350 from Tuesday's closing price.
The brokerage firm noted that their seel rating was set against the backdrop of a peaking chemical cycle and risk to guidance/consensus expectations for the energy segment (n-methyl aniline, MMA)
