Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE’s various indices. Vodafone’s current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone’s exit … Read more
Brokerage firm Jefferies maintained a buy rating on Allcargo Logistics, Morgan Stanley remained overweight on Dabur India, JPMorgan has an overweight rating on RIL, Citi maintained its sell rating on Tech Mahindra and a buy rating on Titan Company.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies … Read more
Indian market is expected to open higher on Wednesday tracking positive global cues. The S&P BSE Sensex rose over 500 points on Tuesday while Nifty50 closed with gains of over 1 per cent in the previous trading session. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Nagaraj … Read more
Nifty futures on the Singapore Exchange traded 278 points, or 1.61 per cent lower at 17,036, signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: : The Tata Group’s IT major will officially kick-off earning season of India Inc. … Read more
The Indian market recouped most intraday losses but failed to close in the green on Wednesday. The S&P BSE Sensex recovered after falling more than 1,000 points in the morning trade, while the Nifty50 closed above the 18,000 mark. The S&P BSE Sensex closed with losses of more than 200 points but managed to hold … Read more
Seasoned investor Mukul Agrawal was busy rejigging his portfolio in the June quarter as he added at least four new stocks to his portfolio, and increased his stake in another one. On the other hand, he trimmed his holdings in a few underperformers, while he likely exited one counter. Among new additions, Mukul Agrawal’s name … Read more
Mumbai: Integrated logistics firm JM Baxi plans to file initial document for its planned ₹2,500-crore IPO this month, said its managing director Dhruv Kotak. The company is part of the 106-year-old JM Group which operates container terminals, container freight stations and inland container depots. It also offers shipping agency services. “Somewhere around the end of … Read more
According to the delisting laws, the company has one year or till September to submit the final application to the stock exchanges. Synopsis Allcargo had passed a special resolution last October to delist the company where the promoter group holds 70% stake. The delisting floor price was set at Rs 92.6. ET INTELLIGENCE GROUP: Analysts … Read more
NEW DELHI: Shares of Allcargo Logistics hit 20 per cent upper circuit limit in Tuesday’s trade after the company said its board will meet on Thursday to consider a proposal for voluntary delisting of the company. In a note to BSE, the company said it received a letter from Shashi Kiran Shetty and Talentos Entertainment, … Read more