Trade tensions are back in focus. Markets show signs of worry about tariffs. President Trump may impose additional tariffs. This could lead to inflation. The Fed's cautious stance adds to market concerns. A slow period for stocks is expected. Unless tariff policies change, a difficult period is anticipated. Investors are watching closely for developments.
NSDL's IPO witnessed significant investor interest, being oversubscribed 41 times, driven primarily by QIBs. Grey market premiums suggest a strong listing, with brokerages recommending a 'Subscribe' rating for long-term investors, citing NSDL's market position and growth potential. The IPO price was set between Rs 760 to Rs 800 per share.
Swiggy shares slipped 4% after Q1 losses doubled, but Jefferies upgraded the stock to Buy with a Rs 500 target, citing a likely bottom in profitability. The brokerage expects easing competition and a pause in dark store expansion to aid recovery, though volatility may persist due to Swiggys low-margin base and high-risk profile.
Ray Dalio has sold his remaining stake in Bridgewater Associates. He founded the hedge fund 50 years ago. Brunei Investment Agency has acquired a minority stake in the firm. Dalio resigned as CEO in 2017. He handed over control in 2022. Bob Prince is now Bridgewater's biggest individual partner. The firm is controlled by a group of employees.
Medical inflation poses a significant threat to retirement security, often underestimated in financial planning. Ajit Menon emphasizes the importance of early planning, adequate health cover, and disciplined investing to achieve financial freedom. He also suggests prioritizing health and purpose in retirement, advocating for a shift in mindset towards viewing it as 'financial freedom' rather than a cessation of work.
The Environmental Protection Agencys plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.
Shree Refrigerations is set for a strong debut on the BSE SME platform, with grey market premiums suggesting a listing price of around 195, a 56% jump over the IPO price of 125. The IPO saw overwhelming investor interest, subscribing 187.55 times overall.
The dollar is having a great week against other currencies. This happened after US President Donald Trump announced new tariffs. The Japanese yen fell to a four-month low. The Canadian dollar also dipped. The euro remained low due to trade issues with Washington. Despite Trump's criticism of Federal Reserve Chair Jerome Powell, the dollar stayed strong.
Oil prices showed minimal movement on Friday as markets assessed the potential impact of new U.S. tariffs on economic activity and global fuel demand. While Brent and WTI saw slight gains, they are on track for weekly increases following Trump's threat of tariffs on buyers of Russian crude.
