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Trump said he would "promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide" as part of a broader crypto strategy that he sketched out in an executive order issued on Thursday.

Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday, reported a 73 per cent surge in consolidated net profit to Rs 3,249 crore for the third quarter ended December 2024.

DLF Q3 Results: The net profit in the year-ago period was Rs 657 crore. Revenue from operations for the quarter was Rs 1,529 crore, showing a slight increase from Rs 1,521 crore in the same quarter last year.

Ventura Securities projects Hindustan Zinc’s PAT to reach ₹11,402 crore by FY27, driven by power cost savings, operating leverage, and silver production expansion amid growing demand. The brokerage gives a ₹585 price target, a 26.7% upside.

Hrishikesh Yedve of Asit C. Mehta Investment Intermediates suggested that as long as Nifty stays above 22,980, a short-term pullback towards 23,300-23,400 is possible. However, falling below 22,980 could trigger weakness towards 22,800. The 250-DSMA at 23,600 is a key resistance level. He advised adopting a sell-on-rise strategy for the index.

Godrej Consumer Products reported a 4% rise in sales but flat volume growth for Q3, citing urban consumption slowdown, higher palm oil costs, and weak seasonality impacting EBITDA margins and household insecticides performance.

I believe that probably Indian investors are matured by large, that number may not accelerate but that should not see a very significant reversal also. And I think from a longer-term perspective, the financialization of saving is a mega trend.

Australian shares logged their third consecutive week of gains, rising 1.2% for the week, driven by gains in banks and discretionary stocks. Traders expect lower interest rates following anticipated lower inflation data next week. Financials rose, while discretionary stocks benefited from potential increased consumer spending.

Stocks such as HDFC Life and ICICI Lombard show potential, despite being overlooked by many investors.