Shares of shrimp and textile exporters sank as much as 12% on Thursday after U.S. President Donald Trump’s 50% tariff on Indian imports came into force, eroding competitiveness and triggering a broad selloff in some of India’s most export-dependent companies. Shares of India’s leading shrimp exporters fell, with Avanti Feeds down 4% to Rs 614.05, … Read more
Shares of Indian textile exporters surged up to 19% on Wednesday after India and the United Kingdom concluded negotiations for a landmark free trade agreement (FTA) that eliminates import duties on textiles and garments. Gokaldas Exports led the rally, climbing as much as 18.8% to Rs 1,013 on the BSE. Shares of KPR Mill rose … Read more
Brokerage firm Morgan Stanley maintained an overweight rating on SBI Life while CLSA has a buy rating on Bajaj Finance. Sharekhan has a buy rating on KPR Mill and has a positive view on Hindustan Aeronautics. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on … Read more