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Singapore’s sovereign wealth fund GIC, existing investor Tiger Global tapped, according to sources in the know. Groww, which started as a direct mutual funds distributor, is currently the largest stockbroker in the country in terms of active clients.

UBS bullish on cement, increases price targets

Updated at : 2025-03-26 08:25:03

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We upgrade Dalmia from Sell to Buy , and maintain Buy on ACC given its supportive valuation and industry tailwinds,

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Wood said in an interview with Bloomberg TV that Tesla s robo taxis will account for 90% of its value over that time. Tesla has initiatives in humanoid robots that Ark hasn t even factored into the price prediction, she added on the sidelines of the HSBC Global Investment Summit in Hong Kong on Tuesday.

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Regulatory objections about the film s alleged role in promoting the company and the timing of its release have forced the unexpected deferral of the ₹3,500-crore public offering of EQT-backed Indira IVF Hospital, said people with knowledge of the matter.

Asian stocks seek new direction after weak US data

Updated at : 2025-03-26 08:25:03

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Indexes rose in Sydney and Tokyo and futures pointed to slight gains for Hong Kong. The S&P 500 climbed 0.2% Tuesday after fluctuating for most of the session to notch up its longest rising streak in almost seven weeks, despite a drop in consumer confidence. The Nasdaq Golden Dragon China Index tumbled for a sixth consecutive day, its longest losing streak in more than a year.

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Federal Bank to acquire 4% stake in Ageas Federal Life Insurance. The acquisition cost is around Rs 97.4 crore for 3.2 crore shares.

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Wall Street stocks closed higher, fueled by Apple s growth and despite the dip in Nvidia shares. Investors closely watched upcoming trade policy announcements by the Trump administration. The S&P 500 slightly increased, driven by gains in communication services and consumer discretionary sectors. Tesla shares also surged, while consumer confidence fell to its lowest level since February 2021.

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Gold prices remain steady ahead of U.S. President Trump s potential reciprocal tariffs, raising inflation and economic growth concerns. Gold has surged 15% this year, hitting a peak of $3,057.21 in March. U.S. consumer confidence is at a four-year low, and attention is on upcoming Federal Reserve officials speeches and U.S. economic data.

Oil edges higher on tighter supply concerns

Updated at : 2025-03-26 08:25:03

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Oil prices increased in early Asia trade due to concerns about tighter supplies after US President Trump threatened tariffs on countries importing oil from Venezuela. Additionally, US crude inventories fell significantly more than expected, further supporting the climb in oil prices.

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