|
Indian equities joined a global relief rally on Tuesday after U.S. President Donald Trump hinted at additional tariff exemptions, helping domestic indices recover losses from earlier this month. Meanwhile, four stocks from the Nifty 500 index hit fresh 52-week highs. Heres the list:
Category:
News and Media
Auto stocks face headwinds despite Trump's tariff pause, with many underperforming expectations due to domestic economic concerns and muted Q4FY25 earnings. While some stocks like Eicher and TVS have shown resilience, brokerages anticipate earnings downgrades across the sector due to weak demand and plateauing margin expansion. Experts recommend stock-specific strategies, highlighting Maruti Suzuki, Ashok Leyland, and M&M as potential buys.
Category:
News and Media
Kotak Institutional Equities' Sanjeev Prasad suggests a potential IT sector backstop due to already priced-in bad news and company cash reserves, despite unglamorous guidance. He questions high valuations across sectors, considering weaker short-term growth, medium-term disruptions, and elevated global bond yields.
Category:
News and Media
All news |
||||||||||||||||||
|