Eternal's stock faces pressure due to leadership changes, overshadowing optimism in quick commerce. Market expert Sandip Sabharwal likens the situation to past leadership transitions that impacted valuations. He believes the stock remains fundamentally expensive, with the CEO's potential distraction being the primary driver of the correction.
As global markets outperform India, diversification is gaining urgency. Subho Moulik explains why a 70:30 India global portfolio improves risk adjusted returns, reduces concentration risk, and provides access to long term global growth themes such as AI, defence, and quantum computing.
Indian equity markets are experiencing foreign investor outflows, driven by global asset reallocation rather than weak fundamentals. Market expert Sandip Sabharwal suggests this trend is temporary, with underlying corporate performance showing stability and even improvement, creating buying opportunities in select stocks.
Geojit Financial Services' Gaurang Shah sees a mixed earnings season for banks, with some near-term challenges but long-term opportunities. Despite weaker results from IndusInd Bank, Shah remains positive on the BFSI sector's overall loan growth and outlook for the upcoming financial year, recommending several private and public sector banks, as well as NBFCs.
Hindustan Zinc shares surged to a fresh 52-week high of Rs 731, driven by a sharp rally in silver prices which crossed $100 per troy ounce. The company, a leading global silver producer, saw its stock climb as analysts like HSBC upgraded it to 'Buy' with an increased target price, citing strong fundamentals and a positive outlook for metal prices.
