Around 10 companies saw the highest increase in mutual fund holdings in percentage terms in December, according to a press release by Prime Database. Here is the list of companies: Source link
A higher Budget outlay for Pradhan Mantri Awas Yojana (PMAY), re-introduction of 100% tax holidays on construction of affordable houses and increasing the interest deduction limit on home loans are some of the demands of the real estate industry from the government in this year’s budget. A slew of favourable announcements in this sector could … Read more
Spotting a multi-year growth opportunity for affordable housing finance companies, domestic brokerage firm Nirmal Bang has initiated coverage on Home First Finance Company (HFFC) and Aavas Financiers. HFFC gets a ‘buy’ recommendation with a target price of Rs 1,150 while Aavas has a ‘buy’ recommendation with a target price of Rs 1,775. The firm foresees … Read more
Equity benchmark indices tumbled on Monday as investors offloaded finance, banking and energy stocks amid escalating tensions in the Middle East and surging crude oil prices overseas and higher US interest rate concerns. Investors stayed on the sidelines and refrained from taking risks amid uncertainty due to the Israel-Hamas conflict, analysts said The NSE Nifty … Read more
Global brokerage firm Morgan Stanley have shared its view on a number of stocks including , and . Another foregin broker has initiated its coverage on with a ‘buy’ tag. We have collated a list of recommendations from top brokerage firms (Source: ETNow): Morgan Stanley on Tata Elxsi: Underweight | Target Price: Rs 5,800 Morgan … Read more
ET takes a look at some of the top stock recommendations by analysts. These stocks are expected to return between 11% and 26% as per analysts’ price targets. Brokerage: Price Target: Rs 290 CMP: Rs 231.4 | Upside: 25.3% The brokerage has raised its price target on the stock to Rs 290 from Rs 275, … Read more
Indian markets closed in the green on Thursday following positive global cues. The S&P BSE Sensex rallied more than 500 points while the Nifty50 closed above 17,650 levels. Sectorally, buying was seen in banks, IT, finance, consumer, and realty while selling was seen in FMCG, metals, and telecom stocks. Stocks in focus included Company which … Read more