Brokerage firms like Goldman Sachs have a buy rating on Power Grid and NTPC, while Macquarie has an outperform rating on BEL. UBS has downgraded Dabur to neutral from buy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on Power Grid: Buy | Target price: … Read more
Driven by domestic inflows and renewed optimism about a potential Fed rate cut in the September meeting, the market has demonstrated a broad-based recovery and reached new highs. Benchmark indices Nifty and Sensex maintained their momentum, closing at record highs on Friday. This marked Nifty’s best week in two months, extending its winning streak to … Read more
Brokerage firms such as UBS have a neutral rating on BEL and a buy rating on MCX, while Jefferies has an underperform rating on HPCL and a buy rating on Colgate. Nomura has a reduce rating on ACC. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS … Read more
Indian market is expected to trade higher and might even hit fresh record highs tracking positive global cues. The Nifty future closed positive with gains of 0.67% at 24365 levels on Wednesday. India VIX was down by 3.19% from 13.67 to 13.20 levels. On the options front, the maximum Call OI is placed at 25,000 … Read more
Shares of defence stocks crashed 11% on BSE today as early counting trends showed that the ruling NDA may get lower than expected seats in the Lok Sabha elections. Shares of Mazagon Dock fell a little over 11% to day’s low of Rs 2,898.25 while Bharat Dynamics and BEL shares fell by 9.8% to their … Read more
Jun 03, 2024, 03:32:40 PM IST With exit polls predicting the landslide victory for Prime Minister Narendra Modi-led NDA alliance, brokerage firm Motilal Oswal has identified 8 stocks that can benefit from the government’s focus on manufacturing, capex, and infrastructure creation. These ideas are for 3-6 months and with potential upside of up to 20%. … Read more
Shares of defence PSU Bharat Electronics (BEL), which have jumped 160% in last one year, today rose over 9% on BSE to its fresh all-time high of Rs 282.80 after posting a 30% jump in the net profit to Rs 1,783.52 crore for the fourth quarter. The revenue from operations stood at Rs 8,528.54 crore, … Read more
