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Speculation about changes to insurance commissions is back on Dalal Street. This is raising concerns for distributors and insurers. Analysts warn that stock prices might not fully reflect these potential regulatory shifts. While the December quarter shows strong momentum for insurers, especially in health and term plans, any commission cuts could hurt volumes. Policybazaar also faces uncertainty.
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News and Media
JM Financial advises caution on oil marketing companies (OMCs) like HPCL, IOCL, and BPCL due to potential excise duty hikes in the upcoming budget. The brokerage reiterates buy ratings on upstream producers Oil India and ONGC, citing attractive valuations and medium-term production growth potential amidst subdued crude prices.
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As per the market data, up to 110 million shares, or about 2% of the companys outstanding equity, became tradeable. The increase in free float revived nearterm supply concerns, weighing on the stock even as brokerages maintained a constructive view on the companys longerterm prospects.
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Silver may see intermittent corrections in 2026 despite strong long-term fundamentals, with Saif Mukadam advising caution on current investment levels. Gold is expected to outperform silver, while oil prices are likely to remain under pressure due to a supply surplus. Copper's structural story remains intact, but patience is needed for entry, and aluminium stands out among base metals.
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News and Media
Following Indian military strikes on terror camps, Pakistan launched an urgent and costly lobbying blitz in Washington D.C. between May 7 and May 10. The nation's diplomats and a hired lobbying firm made over 60 points of contact with US officials, seeking intervention to halt India's actions. This diplomatic scramble occurred as Pakistan privately expressed panic over the strikes.
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News and Media
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