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- Wall Street Week Ahead: Market braces for inflation data, tech earnings, geopolitical updates
On the economic front, the spotlight centers on the Federal Reserve’s favored inflation metric — the core PCE price index
- Wall St Week Ahead-Soaring stocks could face rocky patch as earnings wind down, yields perk up
USA-STOCKS/WEEKAHEAD (REPEAT, UPDATE 1, SCHEDULED COLUMN):RPT-Wall St Week Ahead-Soaring stocks could face rocky patch as earnings wind down, yields perk up
- Dhoot Transmission IPO: Bain Capital-backed firm files updated DRHP with Sebi for ₹1,400 crore fresh issue
Dhoot Transmission, supported by Bain Capital, has submitted updated draft papers for its IPO with Sebi, aiming to raise ₹1,400 crore via fresh issue. The IPO also comprises an OFS of up to 1.63 crore equity shares. Details here.
- IOC to BPCL: OMC stocks to remain in focus on Monday. Which OMC stock to buy for long-term?
OMC stocks will remain in focus on Monday, 25 May, after petrol and diesel prices hiked for the third time in eight days. Experts recommend these OMC stocks to buy amid rate hike uncertainty.
- Expert view: ‘Buy on dips’ strategy should be avoided amid uncertainty, says Devarsh Vakil of HDFC Securities
Expert view: Devarsh Vakil, Head of Prime Research at HDFC Securities said markets are expected to stay volatile in the near term, although the worst phase of the correction appears to have passed for now.