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Vodafone Idea shares fell 3% after Macquarie downgraded the stock to Underperform and cut its target price to Rs 6.50. The downgrade follows the government converting spectrum dues into equity, raising its stake to 48.99%, deepening concerns over high debt and future dilution.

Markets regulator Sebi on Friday proposed to develop an Investor Charter for KRAs detailing the services provided to investors along with their rights and grievance redressal mechanism. Additionally

UK shares fell sharply on Friday and are poised to end the week with substantial losses, as recession fears intensified after China retaliated against U.S. President Donald Trump s announcement of sweeping tariffs.

XIRR is a crucial tool for mutual fund investors dealing with multiple cash flows like SIPs or redemptions. Unlike CAGR, XIRR factors in timing and amounts, offering a personalized return metric. It can be easily calculated using Excel functions.

Deepak Shenoy, CEO of CapitalMind, downplayed fears around new U.S. tariffs affecting Nike, arguing the market is overreacting and that cost impacts are minimal despite a 46% Vietnam duty.

Oil prices plunged by 8% on Friday, heading for their lowest close since the midst of the coronavirus pandemic in 2021, as China hit back in an escalating global trade war with the U.S. after President Donald Trump s barrage of levies this week.

Indian equity markets may face a short-term correction due to high valuations, potential earnings downgrades, and macroeconomic uncertainties. Market strategist Manishi Raychaudhuri highlights the challenges posed by global trade impacts, sector-specific pressures, and risks related to currency weakness and increased equity supply.

Its latest high-conviction ideas include Adani Ports, ICICI Bank, M&M, SBI Card, and Shriram Finance, among others

Global billionaires lost a combined $208 billion in a single day after Trump’s tariff announcement rattled markets—the fourth-largest drop in Bloomberg Billionaires Index history. Over half saw declines averaging 3.3%, with US billionaires hit hardest. Carlos Slim gained as Mexico was spared, and the Middle East was the only region to post net wealth gains.