On Monday, British government bond yields dipped to their lowest point in a week, prompted by a significant drop in oil prices from recent highs. Two-year gilt yields plummeted by six basis points, performing poorer than both German and US bonds. Additionally, ten-year gilt yields fell below five percent, marking their lowest level since July 20.
Investors withdrew a record $7.1 billion from U.S. investment-grade bond funds. Surging oil prices and rising Treasury yields triggered this sharp selloff. High-yield bond funds and leveraged-loan funds attracted modest inflows during the same week. These alternative fixed-income segments are less sensitive to rising yields. The market reflects investor preferences for resilience amid inflation concerns.
Rising oil prices and elevated bond yields, driven by Middle East tensions, are raising concerns over the sustainability of the U.S. stock market rally. While strong earnings and AI-driven spending support equities, persistent inflation risks and tighter monetary expectations could pressure valuations and increase near-term volatility.
Zen Technologies shares fell significantly after reporting lower first-quarter profits and revenue. The company experienced a revenue decline of over 10% year-on-year. Management highlighted a robust order pipeline and improved execution visibility for upcoming quarters. Zen Technologies closed the quarter with a substantial order book of over Rs 1,000 crore. Institutional investor interest in the company has shown a notable increase recently.
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources
Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US West Texas Intermediate crude stood at $84.64 a barrel, down $4.67, or 5.23%. The decline comes after crude prices surged 10% last week.
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as inflation concerns receded. Traders now await Federal Reserve interest rate decisions and tech company earnings reports. Central banks globally will emphasize vigilance over higher energy prices impacting inflation. Singapore tightened monetary policy, strengthening its dollar against the US currency.
A Trendlyne-backed analysis highlights nine BSE mid-cap stocks with strong upside potential of up to 70% over the next 12 months. Stocks like Patanjali Foods, Gujarat Energy and Crompton Greaves feature in the list, supported by analyst consensus estimates and favourable growth outlook across sectors.
Last week was tough for the Indian equity markets, with nine out of ten leading companies witnessing a decline in market value. HDFC Bank took the hardest blow, suffering a staggering loss exceeding one lakh crore rupees. Reliance Industries also saw a significant decrease in market capitalization. In contrast, Hindustan Unilever stood out as the only top firm to gain value during this bearish trend.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.