HSBC

Commodity Talk: MOFSL expert explains why gold’s supply tightness in UK may not impact Indian yellow metal prices materially

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Commodity Talk: MOFSL expert explains why gold’s supply tightness in UK may not impact Indian yellow metal prices materially

There was a premium arbitrage between COMEX and London, wherein market participants sold the COMEX futures and bought the London physical and to mature the COMEX future part, the London physical stocks were brought into the COMEX inventories, Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services (MOFSL) said. Those concerns have eased-off, … Read more

Can Reliance share price cross Rs 1,700? Here’s what top 9 brokerages say – RIL Stock Review

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Can Reliance share price cross Rs 1,700? Here’s what top 9 brokerages say – RIL Stock Review

Nomura reiterates its “buy” rating with a revised target price of Rs 1,600, down from Rs 1,725. It highlights upcoming triggers, such as Jio tariff hikes, potential IPOs, and the launch of new energy businesses, as drivers for value unlocking. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do … Read more

Hospital stocks’ growth outlook positive: HSBC

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Hospital stocks’ growth outlook positive: HSBC

HSBC initiated coverage on Krishna Institute of Medical Sciences (KIMS) with a ‘buy’ rating while assigning ‘reduce’ rating to Global Health (Medanta) and Narayana Hrudayalaya. The brokerage has a ‘buy’ rating on Apollo Hospitals and Aster Healthcare. “We retain our positive view on the growth outlook for the hospital sector on intact structural drivers: An … Read more

Credilio launches ‘novio’, aims to ensure credit card lifestyle access to all Indians

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Credilio launches ‘novio’, aims to ensure credit card lifestyle access to all Indians

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

Softer growth in central & state capex seen; construction to support rural incomes next couple of years: Pranjul Bhandari, HSBC

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Softer growth in central & state capex seen; construction to support rural incomes next couple of years: Pranjul Bhandari, HSBC

Pranjul Bhandari, Managing Director, Chief India Economist, Asean Economist, HSBC, says “the construction-led activity has given an alternate source of income to rural India. And all of these things come in cycles. I think we are on the upward side of a new financial cycle and things like credit growth, housing prices, construction activity all … Read more

HSBC picks banking, consumption, IT as top investment themes for 2024

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HSBC picks banking, consumption, IT as top investment themes for 2024

India is undergoing an industrial renaissance and the country is the most promising structural growth story in Asia over the next decade, an HSBC Global Private Banking release said on Wednesday, quoting HSBC’s Chief Investment Officer (CIO) James Cheo. Cheo has picked Indian banks, consumer discretionary and IT companies as his top bets in the … Read more

SBI plans to raise $750 million via overseas bond issues

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SBI plans to raise 0 million via overseas bond issues

Mumbai: State Bank of India, which owns nearly a fifth of the country’s outstanding banking-sector credit, is tapping the overseas markets again to raise up to $750 million through bond sales being arranged by JP Morgan, BoFA Securities, Standard Chartered Bank and HSBC, two banking industry sources told ET. The bond sale, part of the … Read more

Block Deals: ICICI Pru MF, Nippon India MF buy in Inox Wind; Goldman Sachs, HSBC pick up stake in 360 One Wam

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Block Deals: ICICI Pru MF, Nippon India MF buy in Inox Wind; Goldman Sachs, HSBC pick up stake in 360 One Wam

The Street saw a host of block deals on Tuesday as both foreign and domestic institutional investors picked up stakes in 360 One, Inox Wind, Bikaji and Minda Corp. Inox WindPromoters Inox Wind Energy and Devansh Trademart have sold 4.5% and 2.8% stake each in Inox Wind through block deals at a weighted average price … Read more

Should investors eye Titan or fastrack profit booking post Q1 earnings?

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Should investors eye Titan or fastrack profit booking post Q1 earnings?

Shares of Titan Company fell 3% to the day’s low of Rs 2,886 on the NSE in Thursday’s early trade after the jewellery maker reported a 2% year-on-year (YoY) decline in the June quarter net profit on Wednesday. Tata Group‘s fashion and lifestyle products retailer Titan reported its standalone profit after tax at Rs 777 … Read more

Hot Stocks: Brokerage view on IndusInd Bank, Titagarh Wagon, Polycab and ICICI Lombard

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Hot Stocks: Brokerage view on IndusInd Bank, Titagarh Wagon, Polycab and ICICI Lombard

Brokerage firm Goldman Sachs maintained a buy rating on IndusInd Bank, HSBC initiated coverage on Titagarh Wagons with a buy rating, Jefferies recommended a buy on Polycab and CLSA maintained a buy rating on ICICI Lombard. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on … Read more