The Nifty Media sector was the biggest loser among the Nifty sectoral performances, declining by 18%, while the benchmark Nifty50 index increased by 5% during the same period. We highlight the top six stocks that tumbled between 12% and 66% in FY25. (Data Source: ACE Equity) Source link
Domestic markets traded subdued and ended the day nearly unchanged, continuing the ongoing gradual uptrend. In today’s trade, shares of General Insurance Corp, ONGC, SpiceJet, GSK Pharma, Cipla among others will be in focus due to various news developments. General Insurance CorpThe government has proposed to sell 6.78% stake in General Insurance Corporation of India … Read more
Mumbai: Shares of companies with higher foreign ownership have slumped of late as renewed outflows from overseas investors have put the spotlight on these stocks. With the deadline for foreign portfolio investors (FPIs) to comply with the beneficial ownership norms around the corner, analysts said sentiment in several such stocks is jittery.HDFC Bank, with a … Read more
For Dalal Street, the year 2023 was like one of filmmaker Karan Johar’s movies, filled with multi stars and bundles of emotions. Try rearranging the words in one of his famous movie titles “Kabhi Khushi Kabhi Gham” and that’s how the mood on Dalal Street was in 2023. The year started on a negative note … Read more
MUMBAI – The Securities and Exchange Board of India (Sebi) will complete its investigation into the case pertaining to Zee Entertainment Enterprises Ltd owners Subhash Chandra and Punit Goenka within 8 months, Chairperson Madhabi Puri Buch said in a revised order. Until the investigation is complete, Subhash Chandra and Punit Goenka will not hold any … Read more
The Securities Appellate Tribunal (SAT) on Monday dismissed pleas of Zee Entertainment promoters Subhash Chandra and Punit Goenka challenging Sebi’s interim order restraining them from holding any directorship or key managerial positions in listed entities. The appellate tribunal on June 27 had reserved its order on petitions filed by Essel Group Chairman Subhash Chandra and … Read more
Global brokerage firm Goldman Sachs maintained its neutral stance on , Goldman Sachs also has a neutral rating on , Jefferies maintained underperform rating on while it has a buy rating on Medanta, and Citigroup maintained a buy on Zee Entertainment. We have collated a list of recommendations from top brokerage firms from ETNow and … Read more
Zee Entertainment, which has seen its shares falling 37 per cent from the recent peak, could see multiple headwinds in the near future, but analysts’ targets so far suggest up to 77 per cent upside on the counter. A fall in network share for two straight quarters, headwinds for advertisers and a lack of clarity … Read more