Angel One and Havells India among several companies are set to attract investor attention in the coming week as their record dates for various corporate actions approach. These actions include dividends, stock splits, and bonus share issuances. The record date is the critical cutoff for determining shareholder eligibility for corporate benefits such as dividends, stock … Read more
Indian market snapped 5-day winning streak on Friday to close in the red tracking muted global cues. The S&P BSE Sensex fell more than 600 points while the Nifty50 managed to hold on to 22,400 levels. Sectorally, buying was seen in healthcare, realty, public sector and consumer durable while selling was seen in capital goods, … Read more
Indian market is likely to trade higher on Thursday tracking positive global cues. The Nifty50 experienced a sharp correction on Wednesday, but it managed to hold on to the 22000 level towards the close of the trade. The market may go sideways after a sharp rise and that may be considered as healthy from the … Read more
Brokerage firm CLSA maintained a sell rating on JSW Energy, UBS upgraded Havells India to a buy rating, Bernstein maintained an outperform rating on HDFC Bank, and Nuvama retained a hold rating on Sheela Foam. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on JSW Energy: … Read more
“I think over the last couple of years because of the huge fluctuation in raw material prices, it was difficult to pass on the entire cost to the market. And hence, with some stabilisation, we believe that stability in margins will come, maybe some improvement or at least coming back to normalised levels for core … Read more
Global brokerage firm Credit Suisse maintained an underperform rating on and outperform rating on Havells India; BofA Securities retained a buy call on , and CLSA maintained an outperform rating on . We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Credit Suisse on AU Small Finance Bank: … Read more
Indian markets opened on a subdued note on Thursday tracking muted global cues. The S&P BSE Sensex fell over 100 points while the Nifty50 held on to crucial support of 17,900 levels in the first 15 minutes of trade. Sectorally, buying was seen in realty, utilities, power, consumer discretionary, and consumer durables while selling was … Read more
Indian market started on a strong note on Friday tracking positive global cues. The S&P BSE Sensex rallied more than 200 points while the Nifty50 rose above 17400 levels in the first 15-minutes of trade. Sectorally, buying was seen in telecom, IT, banks, capital goods, and FMCG while some selling was seen in oil & … Read more