Global brokerage firm HSBC maintained a buy rating on VRL Logistics, Macquarie retained an underperform rating on Nykaa, Antique initiated a buy recommendation on Titagarh Wagons and Citigroup has a buy rating on MGL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: HSBC on VRL Logistics: Buy| … Read more
Shares of regional lenders fell in morning trading on Monday following the collapse of First Republic Bank, the third major casualty of the biggest crisis to hit the U.S. banking sector since 2008. The KBW Regional Banking Index was down nearly 1%. Among individual movers, Citizens Financial Group, PNC Financial Services Group, Truist Financial Corp … Read more
“As mentioned, my personal preference is to focus on the long game and structural story and avoid timing the market,” says Arun Chulani, Co-Founder, First Water Capital Fund. In an interview with ETMarkets, Chulani said: “The market can play like Shane Warne on a good day,” Edited excerpts: Sensex and Nifty breached Budget Day closing … Read more
The continued bull run in the broader market saw 17 stocks on the BSE 500 register double-digit gains last week. This has further widened the premium gap of some of the companies to the industry valuation. The top performers were , , , , , and , having gained 14-28 per cent this week. Mishra … Read more
The U.S. stock market is reeling from its worst first half of any year since 1970, with investors girding for a series of potential flashpoints in July that may set Wall Street‘s course for the coming months. Second-quarter corporate earnings, hotly anticipated U.S. inflation data and the Federal Reserve‘s monetary policy meeting are among potentially … Read more