Goldman Sachs sees buying opportunity in oversold stocks. Trent, Shriram Finance are among 10 top buys – Oversold Stocks

Goldman Sachs sees buying opportunity in oversold stocks. Trent, Shriram Finance are among 10 top buys – Oversold Stocks

IRFC Share Price 142.15 03:59 PM | 22 Nov 2024 0.49(0.34%) Suzlon Energy Share Price 65.22 03:59 PM | 22 Nov 2024 -0.11(-0.17%) IREDA Share Price 185.5 03:59 PM | 22 Nov 2024 0.92(0.5%) Tata Motors Share Price 791.0 03:59 PM | 22 Nov 2024 17.15(2.22%) YES Bank Share Price 19.21 03:59 PM | 22 … Read more

Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO

Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO

Ethanol and bio-based chemicals maker Godavari Biorefineries Ltd on Tuesday said it has raised over Rs 166 crore from anchor investors, a day before its initial share-sale opening for public subscription. Marquee investors who participated in the anchor book included HDFC Mutual Fund, Whiteoak Capital Fund, Goldman Sachs (Singapore) Pte Ltd, Societe General and SBI … Read more

Goldman Sachs sells ideaForge shares worth Rs 43 crore via block deal. Citi buyer at Rs 44 crore

Goldman Sachs sells ideaForge shares worth Rs 43 crore via block deal. Citi buyer at Rs 44 crore

Goldman Sachs sold nearly 6.5 lakh shares in smallcap stock ideaForge Technology for Rs 43 crore while Citigroup bought 6.65 lakh shares in the company at a cost of Rs 44 crore via block deals on Thursday. While Goldman Sachs sold shares through Goldman Sachs Funds – Goldman Sachs India Equity Portfolio at a price … Read more

Asian equities climb as US record high lifts mood

Asian equities climb as US record high lifts mood

Asian equities rose Thursday after US stocks set a fresh high ahead of inflation data that may define Federal Reserve policy easing in the coming months. Shares in Japan, South Korea and Australia climbed while Hong Kong equity futures also rose. An index of US-listed Chinese companies fell in New York trading, following the biggest … Read more

Morgan Stanley, Goldman Sachs, this smallcap fund buy Nuvama shares worth Rs 1,235 crore via block deals

Morgan Stanley, Goldman Sachs, this smallcap fund buy Nuvama shares worth Rs 1,235 crore via block deals

Nuvama Wealth Management on Friday witnessed a series of block deals where Morgan Stanley, Goldman Sachs and Smallcap World Fund Inc bought shares at a combined cost of Rs 1,235 crore. While Morgan Stanley purchased 3.42 lakh shares at a total cost of Rs 229 crore, Goldman Sachs picked up 3.24 lakh shares and the … Read more

Markets brace for a dovish surprise; expecting 100% chance of a rate cut in September: Farah Mourad

Markets brace for a dovish surprise; expecting 100% chance of a rate cut in September: Farah Mourad

“I am expecting a 25 basis point, not because the markets do not need more, it is just that an extreme move like a 50 basis point might really scare the markets and that is definitely not what the Federal Bank is trying to achieve,” says Farah Mourad, Senior Market Analyst, Equiti Group.Now promising data … Read more

Goldman Sachs initiates coverage on Mamaearth with buy rating, stock jumps 5%

Goldman Sachs initiates coverage on Mamaearth with buy rating, stock jumps 5%

Global brokerage firm Goldman Sachs initiated coverage on Honasa Consumer (Mamaearth) with a ‘Buy’ rating and target price of Rs 570, which indicates an upside potential of 26% from the previous day’s closing price of Rs 451 apiece. Following the coverage initiation, shares of Mamaearth also jumped 5% to Rs 472 on BSE. In its … Read more

Govt likely to stick to fiscal consolidation path, focus on rural economy: Santanu Sengupta, Goldman Sachs

Govt likely to stick to fiscal consolidation path, focus on rural economy: Santanu Sengupta, Goldman Sachs

Santanu Sengupta, Chief India Economist, Goldman Sachs, says India’s public debt to GDP at 80% plus is one of the highest among EMs. So though India has had high growth, over a period of time. that debt to GDP number needs to consolidate below 80% and probably get closer to 75%. That is why the … Read more

Goldman Sachs lowers China 2024 growth forecast to 4.9%

Goldman Sachs lowers China 2024 growth forecast to 4.9%

Goldman Sachs on Monday lowered its forecast for China’s 2024 gross domestic product to 4.9% from 5.0% on the back of data showing that the country’s economy slowed in the second quarter. “To counteract weak domestic demand, we believe more policy easing is necessary through the remainder of this year, especially on the fiscal and … Read more

Goldman Sachs puts a $1 trillion question mark over Generative AI

Goldman Sachs puts a  trillion question mark over Generative AI

Generative artificial intelligence (AI) has become the latest buzzword across industries and businesses. Most agree that it is going to revolutionise businesses. Yet serious questions hang over its uses and impact. A KPMG survey in the US found executives expect Generative AI to have an enormous impact on business, but most say they are unprepared … Read more