Global equities are performing well despite concerns about tariffs and geopolitical issues. Investors are seemingly ignoring negative news, and the rising index is compelling bears to reallocate to equities. Emerging markets, particularly India, are benefiting from global investors diversifying their portfolios beyond the US, driven by positive ETF flows and a search for new investment destinations.
Waaree Energies U.S. subsidiary has secured a 540 MW solar module contract from a leading American developer, with deliveries split between 2025 and 20272028. This deal follows two other major U.S. orders, reinforcing Waarees North American expansion plans. The company is also doubling its Texas capacity and holds an order book of 25 GW through 2027.
SBI Securities' Sunny Agrawal anticipates a constructive second half for equity markets in 2025, driven by rate cuts, tax benefits, and revived capex. He suggests focusing on rate-sensitive sectors and themes like steel tubes and railway wagons. While geopolitical tensions may cause short-term crude oil volatility, overall, prices are expected to remain benign, benefiting various domestic sectors.
In the Nifty 500 pack, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 27, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
Vandan Foods, a Gujarat-based castor oil manufacturer, launched its IPO today, aiming to raise 30.36 crore. The IPO, priced at 115 per share, closes on July 2 and consists of a fresh issue of 26.40 lakh equity shares. Funds will support working capital, debt repayment, and facility expansion. With strong financials showing revenue of 72.
A personal tragedy led to a solar energy revolution in Pakistan, where citizens and businesses are adopting solar power due to unaffordable grid electricity. This shift, driven by cost savings, has offered a model for other developing nations facing energy crises. However, challenges remain in grid management and equitable access.
HDB Financial Services IPO allotment Date: Investors await the HDB Financial Services IPO allotment status, expected soon. The IPO saw strong subscription across all categories. Refunds are set to begin on July 1. Shares will be credited to demat accounts the same day. The stock is scheduled to debut on BSE and NSE on July 2, 2025. The company's GMP is around Rs 57.
As benchmark indices reached a nine-month high, traders are eyeing bullish opportunities in stock futures. HPCL, UltraTech Cement, Power Grid, Indraprastha Gas, Apollo Hospitals, and HDFC Life Insurance are showing potential for upward movement. Technical analysis suggests specific entry points, stop losses, and target prices for these stocks, guiding traders in their investment decisions.
Indian companies showed strong financial health. The interest coverage ratio reached a 12-quarter high in March 2025. This was due to better profit margins and lower interest costs. Operating margins improved because of cheaper raw materials. Earnings before interest and taxes grew faster than interest expenses. Corporate profitability and lending rates will influence future interest coverage.
Foreign investors continued to offload Indian government bonds in June, albeit at a slower pace compared to the previous two months, influenced by the RBI's policy shift and global risk aversion. Despite inflows since June 2024, factors like rising oil prices, geopolitical tensions, and a weakening rupee contributed to the outflows.
