After an over 43 percent jump in the stock in 2023 YTD, brokerage house Elara Securities reiterated its ‘sell’ call on RITES with a target price of ₹370, indicating a downside of over 21 percent. The stock has gained 23.5 percent in the last 1 year. It hit its recordRead More →
Sensex Today | Share Market Live Updates: Indian benchmark indices closed in the green on Tuesday, with the Sensex at 65,930 at the Nifty just under 19,800. As many as four IPOs will open for subscription today – Tata Technologies, Gandhar Oil Refinery, Flair Writing Industries and Fedbank Financial Services.Read More →
Sensex Today | Share Market Updates: FIIs extended their selling spree on Tuesday, November 7, as domestic markets snapped their three-day winning run on profit booking amid weak global cues. The DIIs infused ₹700.28 crore in Indian stocks today. Oil prices fell as worries continue about how much fuel theRead More →
Sensex Today | Share Market Updates: FIIs on Monday sold stocks of Indian companies resulting in a net outflow of ₹549.37 crore, according to NSE data. DIIs bought equities resulting in an inflow of ₹595.70 crore, the exchange data showed. Oil held a modest advance after Saudi Arabia and Russia’sRead More →
Pharma major Sun Pharma posted a 5 percent year-on-year (YoY) rise in its consolidated net profit to ₹2,375.5 crore for the July-September quarter versus ₹2,262.22 crore in the same period last year. Meanwhile, its revenue rose over 11 percent YoY to ₹12,192 crore in the quarter under review as againstRead More →
The global bond markets are going through a rough patch. US yields hit a fresh 16-year high after a bond selloff amid growing concerns on hawkish policy comments and interest rates which are likely to remain elevated for a longer period of time. This will in turn lead to aRead More →
After an almost 12 percent jump in the stock just in October, domestic brokerage house Systematix Institutional Equities has initiated coverage on Arvind Fashions with a ‘buy’ call. It is a focused player with a strengthened balance sheet and attractive valuations, it said. The brokerage has a target price ofRead More →
Global funds are now beginning to pay more attention to Indian market, said Christopher Wood, global head of equity strategy at Jefferies, in his latest Greed & Fear report. This is because the market now has 30 companies with a market capitalisation of over $25 billion, it informed. As aRead More →
Sensex Today | Share Market Updates: Infosys Ltd and HCL Technologies Ltd on Thursday said their 2023-24 revenue growth will be weaker than their earlier forecasts as their large foreign clients tighten purse strings amid economic uncertainties. India’s economy received a dual boost as retail inflation cooled in September, retreatingRead More →
The stock has bounced back strongly in the current year after a weak show last year. The stock has jumped over 89 percent this year so far. It lost 57 percent of investor wealth in 2022. Meanwhile, it has soared over 155 percent from its 52-week low of ₹44.35, hitRead More →
