The timing and magnitude of potential rate cuts by the Fed remain uncertain, leaving questions about whether they will be modest or significant. Nevertheless, the indication that rate cuts are forthcoming still serves as a positive factor for the market, providing some clarity amidst the uncertainty. A big event isRead More →
This bullish outlook is supported by favorable policy environments, substantial capacity enhancements, and growing opportunities for private sector participation through tariff-based competitive bidding (TBCB). Ventura has initiated coverage on the stock with a buy rating and a target price of ₹1,600 in the next 24 months, indicating an upside potentialRead More →
The company’s shares embarked on a one-way rally in June 2020, starting at ₹33.80 apiece, and have steadily surged without notable pullbacks to attain the current trading price of ₹353.70 apiece, reflecting a remarkable gain of 946%. Also Read: LT Foods share price jumps over 9% after Sunil Singhania’s AbakkusRead More →
Life Insurance Corporation (LIC), India’s largest life insurer, witnessed a further 2.80% decline in its share price during today’s trading session, settling at ₹879.50 per share. This drop marks the stock’s third consecutive decline, resulting in an accumulated decrease of nearly 8.2% over the past three days. The decline comesRead More →
In a recent note, analysts at Jefferies said that they expect the hotel industry will conclude FY24 on a high note, with continued momentum in Revenue per Available Room (RevPAR) expected to extend into FY25. As per the brokerage, the key drivers propelling this growth include supportive macroeconomic conditions, withRead More →
However, the long-term outlook of the market remains positive as India is expected to witness strong economic growth in the coming financial year as well. Also Read: Indian stock market remains attractive, say experts, suggest stocks to buy for long term Recently Fitch Ratings has raised its forecast for India’sRead More →
Stock market today: The Indian stock market benchmarks, including the Nifty 50 and the Sensex, closed with notable losses on Friday, March 15. Investors exercised caution amidst persisting concerns regarding elevated valuations and market froth in certain segments, prompting profit-taking activities following the substantial gains seen in the previous session.Read More →
In this article, let’s look at the role of a depositories and their functions. We’ll also address common questions, such as the differences between CDSL and NSDL and whether investors can directly open a demat account with them. Role of a Depository A depository is an organisation that holds securitiesRead More →
Stock market today: The Indian stock market experienced broad-based buying on Thursday, March 14, facilitating commendable gains for the equity benchmarks – the Sensex and the Nifty 50. Concurrently, the second-rung BSE Midcap and Smallcap indices concluded with robust upticks of up to 3 per cent, underscoring a widespread positiveRead More →
Brokerage firm Nirmal Bang Equities sees “further downside risk to earnings for the Indian IT services industry for both FY25 and FY26 as current revenue assumptions seem aggressive in the context of industry commentary, the timing of turnaround in growth, prospects of US interest rate trajectory and uncertainty around USRead More →
