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Jetstar Asia has struggled with rising supplier costs, high airport fees and increased competition.
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News and Media
Oriental Carbon & Chemicals shares saw a rise. This happened after Bank of America purchased shares via a block deal. The deal involved 53,428 shares at Rs 289.53 each. The total deal value reached approximately Rs 1.5 crore. The company's stock is currently showing low volatility. However, analysts suggest a potential downside based on target prices.
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News and Media
Aniruddha Naha of PGIM India AMC remains positive on Indian markets, particularly financials, citing strong macro fundamentals and reasonable valuations. He anticipates FII inflows to initially benefit largecaps, eventually spreading to mid and smallcaps. Naha favors financials (especially NBFCs), capital goods, and discretionary consumption, driven by rate cuts, liquidity, and improved consumption trends.
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News and Media
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