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Bulls return to Dalal Street; analysts see Nifty heading towards 23,800

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Bulls return to Dalal Street; analysts see Nifty heading towards 23,800
Mumbai: India’s headline equity indices extended gains to the second straight day, recouping in two sessions nearly a third of the losses made since the start of the West Asia conflict, and restoring about Rs 16.15 lakh crore in market capitalisation. Investors have regained some confidence across Asian markets on cooling crude oil prices and talk of communication between the US and Iran aimed at bringing an end to the war.

The NSE Nifty rose 394 points, or 1.7%, to close at 23,306.45 on Wednesday. Analysts said the recovery could continue over the next few days and the Nifty may go up to 23,800 in the coming days. The BSE Sensex rose 1,205 points, or 1.6%, to end at 75,273.45. Over the last two sessions, the two indices have risen nearly 3.5% each.

Both had fallen almost 10.6% each from the start of the conflict until Monday. Since February 28, when the war began, market cap in India is down ₹32.87 lakh crore.

Elsewhere in Asia, Japan was up 2.9%, China advanced 1.3%, Hong Kong rose 1.1%, South Korea gained 1.6% and Taiwan rose 2.5%. The pan-Europe index Stoxx 600 was up 1.5% at press time.

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Screenshot 2026-03-26 062903Agencies

Analysts Suggest Extended Recovery

Wall Street’s main indices were also on an upward trajectory as of press time.
“The recent de-escalation in the West Asian conflict suggests that the worst may be behind us,” said Pankaj Pandey, head of fundamental research at ICICI Direct. “While the situation remains fluid and a formal ceasefire is still awaited, markets are likely to extend their recovery in the near term, barring any fresh adverse developments.”
Chandan Taparia, head of technical and derivatives research at Motilal Oswal Financial Services, said markets are likely to extend their recovery in the near term as long as the Nifty holds above 23,000 levels.
Taparia said that a move toward 23,850 appears possible as the index emerges from oversold zones and is showing signs of a bullish divergent pattern. “However, an elevated volatility index remains a concern, which is yet to ease despite the market’s recovery,” he said.

India Volatility Index (VIX) – popularly known as the fear gauge – fell marginally by 0.4% to 24.64 levels. Normally, VIX cools off when indices rise, and a higher level may indicate traders remain cautious about the future.

“However, as crude oil prices may take longer to stabilise, the recovery is unlikely to be V-shaped. That said, over the next three to six months, we expect losses stemming from the conflict to be largely recouped,” said Pandey.

He said the recovery is likely to be led by autos, metals and BFSI (banking, financial services, insurance), with large-cap stocks offering the most favourable risk-reward profile.

“Investors may consider waiting for greater stability before increasing exposure to mid and small-cap stocks,” Pandey said.

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Do not turn your heating off, charities warn

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Do not turn your heating off, charities warn

Organisations say there is support available after heating oil doubled in price due to the war in Iran.

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NS&I set to pay millions in compensation to customers

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NS&I set to pay millions in compensation to customers

The government-backed bank has been accused of a series of errors, including not paying bereaved families money that was rightfully theirs.

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Stan series signals Perth Film Studios' first major production

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Stan series signals Perth Film Studios' first major production

A series co-produced by Stan and the UK’s ITV is the first production to be filmed at Perth Film Studios after the $233.5 million facilities opened in January.

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First Majestic Silver: Down From Highs, And I’m Finally Buying (NYSE:AG)

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First Majestic Silver: Down From Highs, And I'm Finally Buying (NYSE:AG)

This article was written by

Gold Mining Bull is a gold analyst with more than a decade of investing experience in commodities, hard assets (gold and silver miners), exploration companies, oil and gas producers, MLPs, and more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTG, SVM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I may buy shares of AG this week.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Review: Down-to-earth approach brings rewards

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Review: Down-to-earth approach brings rewards

REVIEW: South Australian producer combines traditional approaches from the northern and southern hemispheres.

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Sea Limited: Profitability And Positive FCF Growing Strongly

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Sea Limited: Profitability And Positive FCF Growing Strongly

Sea Limited: Profitability And Positive FCF Growing Strongly

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Buy Now or Wait? Experts Weigh In on Apple’s Budget Newcomer

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Apple's iPhone 18 Pro Max

Apple’s newly launched iPhone 17e offers an affordable entry into the latest iPhone lineup at $599, packing the A19 chip and a modern Dynamic Island design, but buyers wondering whether to snap it up or hold out for the more advanced iPhone 18 Pro face a lengthy wait until at least September 2026 — and potentially longer for base models — as Apple shifts its release strategy.

The iPhone 17e went on sale March 11, 2026, just days after its March 2 announcement, positioning it as the most budget-friendly current iPhone with 256GB or 512GB storage options in black, white or soft pink. It features a 6.1-inch OLED display with 60Hz refresh rate, a single 48MP rear camera, 12MP TrueDepth front camera, and Apple’s efficient A19 processor paired with a new C1X cellular modem for improved connectivity.

iPhone 17e
iPhone 17e

Priced significantly below flagship models, the 17e targets cost-conscious consumers seeking solid everyday performance without Pro-level extras like multiple telephoto lenses or 120Hz ProMotion displays. Pre-orders opened March 4, with availability in more than 70 countries including the U.S., South Korea, Japan and Australia.

Yet for power users eyeing the iPhone 18 Pro, patience may be required. Rumors point to the iPhone 18 Pro and Pro Max launching in September 2026 alongside a potential foldable iPhone, while standard iPhone 18 and budget 18e models could slip to spring 2027 due to manufacturing priorities and Apple’s evolving lineup strategy.

Analysts say the staggered approach prioritizes premium devices first, reflecting strong demand for Pro models and new form factors like the rumored foldable. This shift means anyone waiting specifically for an “iPhone 18 Pro” could see it within six months, but base-level upgrades might take a full year or more.

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**iPhone 17e Strengths and Limitations**

Reviewers praise the 17e for delivering flagship-level speed in a compact, affordable package. The A19 chip provides snappy performance for daily tasks, gaming and Apple Intelligence features, while the Dynamic Island replaces the older notch for a more immersive experience. Battery life is described as reliable for all-day use, and the matte-finish colors give it a premium feel despite the budget positioning.

Camera performance suits casual photographers with a capable 48MP main sensor, though it lacks the multi-lens versatility of Pro models. The 60Hz display feels smooth for most users but falls short of the buttery 120Hz experience on higher-end iPhones. Storage starts at 256GB, addressing past complaints about entry-level capacity.

At $599, the 17e undercuts many Android competitors while maintaining Apple’s ecosystem advantages, including long-term software support expected for five to seven years. Trade-in programs and carrier deals can lower the effective cost further, sometimes to under $400 with qualifying plans.

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Critics note the single rear camera and lack of advanced zoom or ProRes video limit creative users. Those upgrading from older models like the iPhone 14 or 15 will notice meaningful gains in speed and modern features, but iPhone 16 owners may find the leap smaller.

**What to Expect from iPhone 18 Pro**

Early leaks suggest the iPhone 18 Pro will build incrementally on the 17 Pro design, retaining a similar camera plateau while introducing meaningful internal upgrades. Rumored highlights include a 2nm A20 Pro chip for better efficiency and performance, significantly larger batteries potentially exceeding 5,000mAh, and a variable aperture on at least one rear camera for improved depth control and low-light photography.

Design changes may be subtle: a smaller Dynamic Island or under-display Face ID elements, unified rear glass coloring, and possibly new color options like deep red. The Pro models are expected to keep 120Hz ProMotion displays, triple 48MP camera systems with enhanced telephoto capabilities, and premium materials.

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A major wildcard is Apple’s first foldable iPhone, rumored to launch alongside the 18 Pro models in fall 2026 at a price potentially over $2,000. This could reshape the premium segment but won’t directly compete with the budget 17e.

Waiting for the 18 Pro means accessing cutting-edge silicon, superior cameras and potentially groundbreaking battery life, but at a starting price likely near $1,099 or higher. Early adopters may also encounter typical first-generation quirks if under-display tech debuts.

**Buy Now or Hold Out? Key Factors**

Decision-making depends heavily on individual needs and timeline.

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Buy the iPhone 17e if:
– You need a phone immediately or within the next few months.
– Budget is a primary concern and $599 fits comfortably.
– You value reliability, ecosystem integration and don’t require pro-level photography or gaming performance.
– You’re upgrading from an older device (iPhone 13 or earlier) where the A19 chip and modern design deliver noticeable improvements.

Analysts generally recommend purchasing the 17e now rather than waiting, especially since the next budget-friendly model (iPhone 18e) may not arrive until 2027. Current deals, including trade-ins up to several hundred dollars, make it an attractive value proposition.

Consider waiting for the iPhone 18 Pro if:
– You want the absolute latest processor, camera innovations and battery technology.
– You’re willing to spend $1,000+ and can delay purchase until at least September 2026.
– Advanced features like variable aperture photography or potential foldable designs excite you.
– Your current phone remains functional and you prefer to skip incremental updates.

The wait could stretch 6 to 18 months depending on the exact model desired, during which the 17e will receive full software updates and maintain strong resale value. Many experts advise against waiting more than a year for rumored improvements that may prove evolutionary rather than revolutionary.

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**Market Context and Broader Trends**

Apple’s decision to stagger 2026 releases reflects supply chain realities and a focus on premium segments amid slowing smartphone growth. The company continues dominating the high-end market, with Pro models driving much of its profit.

Competitors like Samsung and Google offer compelling alternatives in the mid-range with foldables or advanced AI features at various price points, but Apple’s seamless integration with Mac, iPad and services keeps many loyal.

For users in South Korea or other markets with strong carrier subsidies, the effective cost of the 17e can drop dramatically, making it even harder to justify waiting.

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Ultimately, the iPhone 17e represents a sweet spot for most buyers seeking capable performance without flagship pricing. The iPhone 18 Pro promises meaningful upgrades but at the cost of time and higher expense.

Those on the fence should evaluate their current device’s condition, budget and must-have features. For many, buying the readily available 17e delivers immediate satisfaction with minimal compromise, while dedicated enthusiasts may find the wait for 18 Pro worthwhile.

As always with Apple products, long-term software support means either choice will remain relevant for years. Check current trade-in values and carrier promotions, as they can tip the scales significantly.

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Here Group: Early In The IP Curve, With Enlight JV As A Wildcard (NASDAQ:HERE)

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Here Group: Early In The IP Curve, With Enlight JV As A Wildcard (NASDAQ:HERE)

This article was written by

I’m an equity analyst and founder of Goulart’s Restaurant Stocks, a research firm focused on the U.S. restaurant industry — from quick-service and fast casual to fine dining and niche concepts. I lead all thematic research and valuation efforts, applying advanced financial modeling, sector-specific KPIs, and strategic insights to uncover hidden value across public equities. In addition to restaurants, I cover consumer discretionary, food & beverage, casinos & gaming, and IPOs, with a particular focus on micro and small caps that are often overlooked by mainstream analysts. My research has been featured on Seeking Alpha, Yahoo Finance, Mises Institute, Investing.com and other plataforms. My background combines hands-on experience in finance and business management with academic foundations. I hold an MBA in Controllership and Accounting Forensics, a Bachelor’s in Business Administration. I’ve also pursued specialized training in valuation, financial modeling, and restaurant operations (I had a brief experience as an undergraduate as a franchise partner for a regional ice cream shop).

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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CO2 plant to reopen in Iran war contingency plan

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CO2 plant to reopen in Iran war contingency plan

The government will invest £100m to restart the Teesside site producing carbon dioxide, a key part of food and drink manufacturing.

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Earnings call transcript: ACG’s Q4 2025 shows revenue decline, market steady

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Earnings call transcript: ACG’s Q4 2025 shows revenue decline, market steady

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