After a bruising 2025, India’s equity market may be on the cusp of a fresh advance, with the Nifty index potentially climbing to 30,000 in 2026, according to ICICI Direct. The brokerage said recent market turbulence has laid the groundwork for the next phase of the bull cycle. It pointed to a confluence of technical … Read more
Leading brokerage firm Investec has maintained a ‘Buy’ rating on Medplus Health Services, highlighting its robust expansion plans and promising growth in the generics segment. Mirae Asset Sharekhan has issued a ‘Buy’ rating on Bajaj Finserv, citing its ambitious long-term strategy and focus on leveraging AI for profitable growth. Meanwhile, Hem Securities has recommended a … Read more
Shares of Bajaj Finance and Bajaj Finserv fell by 3.3% and 3%, respectively, on the BSE following the multibagger listing of Bajaj Housing Finance, which is the largest IPO of 2024 so far and was subscribed nearly 67 times the shares on offer. Bajaj Finance shares reached a day’s low of Rs 7,347.10, while Bajaj … Read more
Shares of banks and NBFC shares like Bajaj Finance on Thursday rose up to 4% after the Reserve Bank of India (RBI) relaxed rules regarding provisions for investments in Alternative Investment Funds (AIFs) by all regulated entities. Led by healthy buying seen in banks and other financial stocks, Nifty rallied over 200 points today and … Read more