Ola Electric shares fell sharply on Friday, snapping a four-day winning streak as investors assessed the EV maker’s proposed rights issue and ongoing funding needs. Despite a recent recovery, the stock remains well below its peak. Brokerages including Citi and Kotak continue to maintain bearish views, citing operational and cash-burn concerns.
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles of Association.
Leading US bond fund managers overseeing nearly $700 billion are adopting a cautious stance as Treasury yields near 5% and corporate debt valuations remain stretched. Investors are prioritizing high-quality, short-duration assets and selective security picking over aggressive rate bets amid risks from rising AI-related debt issuance and persistent inflation.
After a three-year rally featuring 106 multibaggers, over half of the Nifty 500 stocks are down in 2026 amid $30 billion in FII outflows and geopolitical risks. As broader market valuations stretch, analysts advise caution, with leading fund managers highlighting better risk-reward comfort in largecap equities.
PB Fintech shares plunged a record 36% to a 52-week low, wiping out around Rs 31,430 crore in market value after IRDAI proposed changes to insurance commission structures. While Jefferies flagged a potentially material near-term earnings impact, it retained its ‘Buy’ call on the stock.
Meta shares have rebounded as investor optimism grows around Muse, its AI agent aimed at creating revenue beyond advertising. The company faces scrutiny over heavy AI spending, privacy concerns and competition, but Muse’s early downloads, retail partnerships and integration with smart glasses could help Meta monetize its vast user base.
Shares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% downside risk. The brokerage highlighted valuation concerns, rising competition from quick commerce, and margin headwinds despite liking Meesho's asset-light model.
Japanese investors are gradually shifting funds back into domestic assets as rising Japanese government bond yields improve their appeal. However, uncertainty over the Bank of Japan’s rate path and further yield increases is delaying larger repatriation flows. The cautious approach is limiting potential yen gains despite reduced speculative short positions.
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