Today’s market wrap-up brings a mix of exciting news from the stock markets, commodity markets, and IPO updates. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher Pvt. Ltd, has shared her bullish picks on Tata Motors and GHCL, with potential upside of over 15%.
In the world of dividends, stocks of companies like JSW Steel, Sun Pharma, and Axis Bank are set to trade ex-dividend next week.
Commodity news highlights the recent drop in oil prices due to ceasefire talks in the Middle East, with Brent settling at $86 a barrel.
On the stock front, Nvidia’s stock received a rare downgrade despite its impressive returns, raising concerns about valuation.
In the IPO space, Bansal Wire and Emcure Pharma IPOs are making waves in the market, with strong subscription status and steady GMP.
Market experts like Radhika Gupta of Edelweiss Mutual Fund and Sumeet Bagadia are sharing insights on stock portfolios and recommended buys for the week.
Gold and silver prices are also on the rise, with gold reaching a six-week high on optimism for a US Fed rate cut.
Sovereign funds are showing confidence in India, with billion-dollar investments pouring in, while FIIs and PEs remain cautious.
Stay tuned to Mint’s market blog for real-time updates on all things Dalal Street and global markets.
