Equity indices hit their fresh record levels on Thursday after lower-than-expected inflation raised hopes of an interest rate cut by the RBI. In today’s trade, L&T Finance, Ambuja Cement, Vodafone Idea, Puravankara, Wipro among others will be in focus due to various news developments. L&T Finance Morgan Stanley bought 3.13 crore equity shares in L&T … Read more
Adani group stocks significantly recovered, surging by up to 6% in Wednesday’s trade after experiencing a sharp decline of as much as 15% in early trading. ACC, Ambuja Cement, Adani Green Energy, and Adani Ports surged between 3-6%. In early Wednesday trade, Adani Energy Solutions declined 15%, while Adani Power fell 12%. Adani Enterprises, Adani … Read more
Shares of cement stocks on Wednesday rallied up to 5% after Japanese broking firm Nomura upgraded four of them and raised their target prices. Stating that the cement momentum will continue in India, Nomura has upgraded Ultratech to buy from neutral with a target price of Rs 11,500. Dalmia Bharat’s target has been raised to … Read more
