MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according … Read more
Brokerage firm Morgan Stanley maintained an Equal Weight rating on Tata Steel and SAIL. Motilal Oswal has a buy rating on Max Healthcare and Cyient. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Steel: Equal Weight on Tata Steel & SAIL Morgan Stanley maintained … Read more
Brokerage firms such as Investec maintained a buy rating on Jindal Stainless. Bernstein recommends an outperform on Cipla, JPMorgan has a neutral rating on Maruti Suzuki and Motilal Oswal recommends a buy on Max Healthcare. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on Jindal Stainless: … Read more
The stock of Apollo Hospitals made it to the Nifty-50 index last year. In May this year, Max Healthcare was included in the MSCI India Standard Index. Synopsis Fortis Healthcare and Healthcare Global Enterprises hit a record highs on Tuesday, Apollo Hospitals and KIMS did so last week. All leading listed healthcare players have hit … Read more
Brokerage firm JPMorgan initiated coverage on Apollo Hospitals with an overweight rating, InCred initiated coverage on HEG with an add rating and Jefferies has a buy rating on Dalmia Bharat. Morgan Stanley downgraded Tata Chemicals to equal-weight and maintained an overweight rating on Indigo. We have collated a list of recommendations from top brokerage firms … Read more
Amid broad-based buying and expectation of a dovish policy action by the RBI Governor on Thursday, equity markets ended Wednesday’s session on a solid note, extending gains to the fourth consecutive session. Aided by consumer goods, metals and realty stocks, the blue-chip Nifty 50 index was up 0.68% at 18,726, while Sensex closed 0.56% higher … Read more
Equity benchmark indices Sensex and Nifty ended lower in highly volatile trade on Thursday due to selling in banking, metal and energy counters amid a mixed trend in the global markets. Falling for the second day in a row, the 30-share BSE Sensex declined 194 points to settle at 62,428.54. Nifty ended below 18,500, while … Read more
Shares of Adani Transmission, Adani Total Gas and Indus Towers will exit the MSCI Global Standard Index on May 31, 2023, as a part of the May rejig exercise. On the other hand, Max Healthcare Institute, Hindustan Aeronautics (HAL) and Sona BLW Precision Forgings will make an entry into the index. The exit of Adani … Read more
Adani Enterprises was the best performer on the Nifty50 in the week ended Friday, May 26 gaining over 30% during the five trading sessions. It was on the back of 61 block deals which fetched Rs 1,021 crore for the Ahmedabad-based company which has business interests in mining, solar manufacturing and water management among others. … Read more
Max Healthcare, part of the hospital space, hit a fresh record high earlier this week in May 2023 but failed to hold on to the momentum, but the technical chart suggests that the rally may not be over yet, suggest experts. Medium-term traders can look to buy the stock now or on dips towards Rs … Read more