Nitin Raheja of Julius Baer suggests large-cap correction is near completion, with limited downside around 22,000 for Nifty. He favors a bottom-up approach, driven by results, and sees long-term value in infrastructure and cement. Raheja is cautious about sectors with rising competition and elevated multiples, such as paints and quick commerce, preferring financials and selective EMS plays.

India s five-year government bond is set to outperform the 10-year benchmark bond in the coming months as short-term debt will get a boost from further monetary policy easing, a rates strategist with Standard Chartered Bank said on Wednesday.

Indian benchmark indices ended higher on Wednesday, overcoming a stuttering start, with financial stocks leading the advances, supported by strong domestic fundamentals, including foreign investor buying and a five-year low in domestic retail inflation, helping the market outperform regional peers.

With market volatility and evolving investment trends, bonds have emerged as an attractive asset class for diversifying portfolios and maintaining growth. For Indian investors seeking stability, the bond market now offers compelling opportunities. Here’s how.

MCX gold futures: Gold June futures on MCX surged to an all-time high of Rs 95,435 per 10 grams, fueled by safe-haven demand, macroeconomic worries, tariff tensions, and a weakening U.S. dollar.

State Bank of India s board has approved a restructuring package for Rashtriya Ispat Nigam (RINL), paving the way for other government lenders to follow suit. The plan includes lower margin money and reduced interest rates, made possible by a recent capital infusion from the central government.

Indian tax authorities are scrutinizing foreign portfolio investors (FPIs) from Mauritius, requesting their tax residency certificate (TRC) applications to verify substance. This move aims to check potential treaty benefit abuse, like zero tax on pre-April 2017 stock gains. The I-T department seeks details on office space, employees, and assets in Mauritius.

Technical analysis suggests a continued uptrend for Nifty, though high volatility indicated by India VIX warrants caution. Crossing 23,058 could strengthen the bullish outlook. Analysts recommend accumulating stocks corrected from 52-week highs, focusing on high dividend-yield options and outperformers.

While agrochemical demand remains subdued due to unfavourable weather conditions and crop price pressures, fertilizers are benefiting from structural advantages, making them the preferred pick.