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The Nifty has given up most of the gains accumulated over the past couple of months and is now trading comfortably below its record peaks amid rising geopolitical tensions and persistent FII outflow. For India, the impact is more pronounced, as the prolonged tariff dispute with the US has heightened volatility and disrupted market momentum. However, PL Capital has added 4 stocks that could do well in the coming quarters, while removing 6 names from its high conviction ideas. Heres everything you need to know.
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As Budget 2026 approaches amid geopolitical risks, investors anticipate policy clarity and potential capital gains tax relief. Despite muted returns, measured expectations create room for positive surprises, with domestic SIPs expected to continue their steady rise. Private sector banks are poised for growth as the interest rate cycle nears its end.
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News and Media
Many companies will announce their December quarter results today. IndiGo's earnings are expected to be mixed. Revenue is predicted to grow, but profits may fall. This is due to higher costs and lower ticket prices. Other key companies like Adani Green and DLF will also share their financial performance. Investors are watching these announcements closely for market direction.
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India is taking a strong stance against privacy cryptocurrencies. The Financial Intelligence Unit has directed crypto exchanges to stop dealing in these virtual assets. This move aims to curb money laundering and mask transaction trails. Privacy coins like Monero and Zcash use advanced cryptography to hide user identities and transaction details. This directive could significantly impact trading on recognized platforms.
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News and Media
Kalyan Jewellers' shares plummeted over 12% on Wednesday, marking their steepest single-day fall in three years and extending a nine-session losing streak. Investors are nervous due to concerns about a mutual fund potentially reducing its stake, coupled with an increase in promoter share pledging. Margin calls also contributed to the significant decline.
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News and Media
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