Indian Railway Finance Corporation Share Price 151.82 03:59 PM | 8 Oct 2024 7.47(5.18%) Suzlon Energy Share Price 73.64 03:59 PM | 8 Oct 2024 2.71(3.83%) Indian Renewable Energy Development Agency Share Price 224.39 03:59 PM | 8 Oct 2024 13.26(6.29%) Tata Motors Share Price 919.8 03:59 PM | 8 Oct 2024 -8.06(-0.87%) YES Bank … Read more
“We must watch out if this level holds out, then we can see a short-term bounce in the market, but more worrying is the weakness in smallcap and midcap space,” says Aditya Arora, Adlytick.What are charts suggesting? When will this fall in markets take a halt?Aditya Arora: Look, the texture has been weak and we … Read more
Domestic markets began the week on a subdued note and ended nearly flat, pausing after Friday’s decline. In today’s trade, shares of Infosys, Dixon Tech, AstraZeneca Pharma, HAL, GMR Airports among others will be in focus due to various news developments.InfosysThe Securities and Exchange Board of India (Sebi) on Monday lifted restrictions placed on employees … Read more
Fintech firm Credilio unveiled novio – an app to widen the credit card landscape for over 400 million UPI active customers. novio aims to make financial inclusion and credit card lifestyle accessible for every Indian household, the firm said in an official statement. novio has introduced a guaranteed card concept, allowing users to build their … Read more
The Nifty Bank fell more than 1% for the week ended 22 December 2023, tracking the mixed trends seen in Indian markets amid a rise in Covid cases, profit booking at higher levels, and geopolitical concerns. The Nifty Bank fell from 48,143 as on 15th December 2023 to 47,491 recorded on 22 December 2023, which … Read more
IT majors TCS, HCL Tech and Wipro kicked off first-quarter earnings last week and the results were mostly subdued in line with expectations. In the coming week, private banking giants HDFC Bank, Kotak Mahindra Bank, YES Bank, and ICICI Bank will announce their earnings. For HDFC Bank, this will be the first results card after … Read more
Brokerage firm Morgan Stanley has an ‘Overweight’ stance on IndusInd Bank, Nomura has recommended a ‘Buy’ rating on Samvardhana Motherson and Morgan Stanley has initiated a ‘Buy’ rating on AU Small Finance Bank. CLSA picks Dalmia Cement and UltraTech as preferred bets in the cement sector. We have collated a list of recommendations from top … Read more
Brokerage firm JPMorgan downgraded Vedanta to a neutral rating, maintained underweight stance on Hindustan Zinc and retained overweight on Hindalco. Citi downgraded AU Small Finance Bank to neutral and Macquarie has an underperform rating on Info Edge. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:JPMorgan on Vedanta … Read more
Brokerage firm Morgan Stanley maintained an overweight rating on AU Small Finance Bank, while JPMorgan prefers TVS Motor, Bajaj Auto, and M&M in the auto space. Jefferies has a buy rating on Medanta, CLSA maintained an outperform rating on ITC and Macquarie kept outperform rating on Tata Motors. We have collated a list of recommendations … Read more
“Improvement in inflation probably is indicating clearly that the need for hawkish monetary policy may not be there for very long. And that did cheer up the market again, both in US as well as other emerging markets plus India,” says Sudip Bandyopadhyay, Inditrade Capital. What changed for the markets in the last couple of … Read more