Brokerage UBS upgraded rating on Eicher Motors to Buy while Jefferies initiated coverage on Syrma SGS and Kaynes Technologies. Nomura also shared its views on oil marketing companies (OMCs) in the light of a Rs 2 per litre cut in petrol and diesel prices. We have collated a list of recommendations from top brokerage firms … Read more
The Indian market closed in the red for the second consecutive day in a row on Monday tracking mixed global cues. The S&P BSE Sensex fell more than 350 points while the Nifty50 closed above 22,100 levels. Sectorally, buying was seen in utilities, power, capital goods and oil & gas stocks while selling was seen … Read more
While smallcap funds got a lion’s share of the total inflows that the mutual fund industry saw in FY24 so far, the second in the list are midcap funds. The mutual fund industry saw about 19% of the total inflows coming into midcap funds in the said period. If we were to look at the … Read more
Brokerage firm Macquarie maintained an outperform rating on IndusInd Bank and downgraded Paytm to neutral, Spark initiated add rating on Kaynes Technology and CLSA recommended a buy on ICICI Prudential Life Insurance. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on IndusInd Bank: Outperform| Target Rs … Read more
New Delhi: Kaynes Technology, after its bumper debut on the bourses on Tuesday, witnessed some profit booking. The industrial electronics player got listed at Rs 778, a premium of 33%, on the National Stock Exchange (NSE), whereas on BSE, it debuted at a premium of 32% at Rs 775. The stock was issued at Rs … Read more