Meesho is well placed to benefit from e-commerce growth driven by rising tier 2 penetration, leveraging its value play and ‘affordability’ flywheel to drive user growth and order frequency, said Axis Capital.
In its latest research note, the brokerage revised its Brent crude forecasts higher, raising its 2026 estimate to $80 per barrel from $62.5, while lifting the next phase outlook to $70 from $60 and projecting prices around $65 for the 2026–27 period.
Escalating tensions between the US, Israel and Iran could have far-reaching implications for global markets, oil prices and inflation, according to a Morgan Stanley report. The investment bank outlined seven key risks investors should monitor, ranging from potential oil supply disruptions to shifts in Federal Reserve policy and rising defence spending.
The layoffs have surprised many observers because the bank posted record full-year revenue of $70.6 billion in 2025 and saw a surge in dealmaking activity that boosted its investment banking business
Market plumbing is seen as an issue as passive money needs to keep selling to keep pace with India’s falling index weight and hedge funds favour India as a funding short.
The study measures average interview difficulty (on a 1-5 scale), candidate sentiment and overall satisfaction, revealing sharp contrasts across banks, insurers, asset managers and exchanges.
The brokerage also expects 30% probability of Sensex scaling past the 1 lakh mark to 107,000 by December 10 this year.
In Business Today's "What's Hot," anchor Sakshi Batra analyzes sharp volatility in precious metals amid a fresh crash in silver prices on MCX. Silver plunges ~9% intraday, falling below $75/oz globally and to ₹2.44 lakh/kg, after testing ₹4.8 lakh highs earlier - driven by heavy profit-booking, margin calls, speculative unwind, and reduced geopolitical fears. Abhishek Basumallick views the parabolic rally as unsustainable; silver lacks gold's central bank/fundamental support, facing more downside risk. He advises caution - prefer gold over silver for stability if holding metals, with potential further consolidation/correction before recovery. Avoid aggressive buys; focus on long-term fundamentals. Markets remain range-bound (Nifty ~25,780, mildly higher) despite US-India trade deal sentiment fade - uncertainty on fine print, IT selloff from Anthropic AI tools, and mixed Q3 earnings. Defense stocks like HAL tumble 12%+ on exclusion from stealth program and Morgan Stanley downgrade. Trent margins beat via efficiencies but growth slowdown concerns persist. Tata Power Q3 mixed but renewables/rooftop strong; management optimistic on FY27 growth, Odisha DISCOM turnaround, EV charging expansion.
HAL shares fell 6.28 per cent to hit a low of Rs 3,952. The scrip had fallen 5.7 per cent in the previous session. Morgan Stanley has reportedly cut its target price to Rs 3,355 on the stock.
Bajaj Finance: Net profit slipped 6% to Rs 3,978 crore for the October-December quarter from the Rs 4,246.54 crore profit reported in the same period of the previous financial year.
Morgan Stanley said the early mention of “semiconductors” in the Budget speech signals a clear shift in the government’s priorities, highlighting India’s push into AI, advanced manufacturing, and strategic sectors.
Trump Claims Mojtaba Wounded As Iran US War Turns Into Propaganda And Psychological Battle



