Finshorts
The Indian rupee fell 38 paise to close at 85.82 per US dollar on Monday, its steepest drop in five weeks. Fear of a global slowdown, U.S.–China tariff war, and heavy selling by foreign institutional investors led to panic across markets. Sensex crashed over 2,200 points. Traders should watch for further pressure on currency-sensitive sectors … Read more
Imagine Marketing, the parent of boAt, has filed confidential draft papers with the Securities and Exchange Board of India (SEBI) for a potential initial public offering (IPO), marking its second attempt after 2022. This pre-filing route gives flexibility and extended timelines for issue planning. While the move indicates IPO intent, it doesn’t confirm a listing. … Read more
Tata Motors stock tanked nearly 13% on Monday, hitting a 52-week low, after Jaguar Land Rover paused vehicle exports to the United States due to new 25% import tariffs imposed by the Donald Trump administration. With the US contributing 23% of JLR’s FY24 sales, this move signals near-term revenue pressure. Investors may stay cautious as … Read more
Metal stocks saw a sharp sell-off Monday as US President Donald Trump’s steep tariff hikes and China’s 34% retaliation triggered global trade war concerns. Tata Steel plunged 11.56%, while SAIL, JSW Steel, and Hindalco also faced 8–10% cuts. With a weakening global demand outlook, the BSE Metal Index fell 6.5%, signaling pressure ahead for India’s … Read more
Indian markets witnessed a sharp fall as BSE Sensex crashed 3,939 points and NSE Nifty dropped 1,160 points in early trade on Monday, reacting to steep tariff hikes by the United States and China’s retaliation. Heavyweights like Tata Steel, Tata Motors, Infosys, and Reliance Industries saw major losses. Rising global tensions, inflation fears, and foreign … Read more
The Reserve Bank of India may cut the repo rate by 25 basis points to 6% on April 9, citing low retail inflation at 3.61% and global growth concerns from new United States tariffs. This potential rate cut follows February’s reduction and could support consumption, housing demand, and credit growth. If implemented, rate-sensitive sectors like … Read more
Jubilant FoodWorks Ltd reported a 34% rise in consolidated revenue to Rs 2,107 crore in Q4 FY25, boosted by its DP Eurasia acquisition. Full-year revenue jumped 44% to Rs 8,145 crore. Standalone India revenue grew 19% in Q4. The company added 56 stores, ending with 3,316 outlets globally. This expansion signals strong international momentum, supporting … Read more
Foreign portfolio investors pulled Rs 10,355 crore from Indian equities between April 1 and April 4, reacting to steep United States tariffs on countries, including India. This sharp reversal after March’s inflows signals renewed global uncertainty. If the United States moves closer to stagflation and trade tensions rise, Indian markets may stay volatile. However, a … Read more
Paytm (One97 Communications) plans to turn profitable by the March 2025 quarter, driven by its core business and new investments. The company narrowed its loss to Rs 208.5 crore in Q3 and saw a 10% revenue rise quarter-over-quarter. With the launch of a premium ‘Mahakumbh Soundbox’ aimed at high-value merchants, Paytm is targeting a wider … Read more
Union Bank of India reported an 8.6% rise in credit to Rs 9.82 lakh crore and a 7.22% deposit growth to Rs 13.09 lakh crore in the March 2025 quarter. Total business grew 7.8% year-on-year. The steady growth in advances and deposits signals healthy loan demand and balance sheet expansion, which may support future earnings … Read more