With rising tensions between India and Pakistan and the government pushing for more local defense manufacturing, Indian defense stocks have caught investors’ attention. Companies like Bharat Dynamics (BDL), BEML, Bharat Electronics (BEL), Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers, and Cochin Shipyards have seen strong interest lately. Among these, BEL, BDL,…
Reliance Power shares jumped 15% on Friday, May 30, 2025, hitting a new 52-week high of â‚ą59.73 on the BSE. This was the second day in a row of gains, with the stock rising nearly 17% over two days. It’s already up about 30% this month and has more than doubled—rising 111%—in the past year….
Natural gas prices dropped by 3.42%, closing at â‚ą299.3, mainly due to weaker demand forecasts for the next couple of weeks. Part of the decline is also because of reduced supply to key LNG export terminals, which are undergoing routine maintenance. So far in May, average LNG feedgas demand has slipped to 15.1 billion cubic…
Andrew Witty has stepped down as CEO of UnitedHealth, just weeks after the company slashed its annual outlook and missed earnings expectations for the first time since the 2008 financial crisis—a big blow during his time in charge. The surprise announcement came Tuesday, with UnitedHealth confirming that Stephen J. Hemsley, who previously led the company…
Shares of drone companies like Zen Technologies and IdeaForge soared on Friday, hitting their upper circuit limits during intraday trading as tensions escalated between India and Pakistan. Zen Technologies Hits Upper Circuit Zen Technologies opened at â‚ą1295.15 on the BSE, a bit lower than its previous close of â‚ą1339.44. Despite the weak start, the stock…
Tensions along the India-Pakistan border have escalated after India’s precision missile strike, codenamed Operation Sindoor, destroyed nine terror camps in Pakistan and Pakistan-occupied Kashmir (PoK) on the night of May 6-7, 2025. The operation, carried out between 1:05 am and 1:30 am, was a retaliatory strike for the Pahalgam terror attack that claimed 26 lives….
Bharat Forge reported a stellar fourth-quarter performance for FY25, with net profit growing 24.44% year-on-year to â‚ą282.62 crore, while revenue declined 7.48% to â‚ą3,852.60 crore. Profit before tax grew 23.99% to â‚ą429.4 crore, and EBITDA grew 2.71% to â‚ą671.1 crore. Total expenses declined 9.38% to â‚ą3,483.04 crore compared to last year. The company’s core forgings…
Elon Musk’s Starlink has taken a big step forward in India by getting a Letter of Intent (LoI) from the Department of Telecommunications (DoT) to start offering satellite internet in the country. Government sources say Starlink agreed to meet strict licensing rules and updated national security requirements. This clears the way for licenses to operate…
Gold’s recent price surge to over $3,000 an ounce, driven by economic uncertainty and de-dollarization efforts led by China, has propelled it to unprecedented heights. Historically, gold has served as a hedge during stock market downturns, offering diversification due to its low correlation with equities. However, with prices at all-time highs, past trends suggest that…
In today’s unpredictable financial landscape, investors are always on the lookout for strategies that can safeguard their portfolios during turbulent times. One approach that’s gained traction is trend-following within managed futures—a strategy that trades futures contracts across diverse asset classes like commodities, currencies, and equities to capture sustained market movements. Known for delivering “crisis alpha”…
