The Reserve Bank of India (RBI) Governor Friday directed banks and other players in the financial sector to prioritise governance and adhere to rules weeks after placing restrictions on two finance companies and a payment bank for violating regulations. “Let me emphasise here that banks, NBFCs and other financial entities must continue to give the … Read more
Indian market is expected to trade higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.45% at 22015 levels on Thursday. India VIX was down by 1.36% from 15.44 to 15.23 levels. Volatility has been cooling down from the last three sessions and giving comfort to the bulls at … Read more
Brokerage Morgan Stanley maintained an Equal Weight rating on Federal Bank and M&M Finance. Motilal Oswal recommended a buy on M&M and Morgan Stanley remained overweight on D-Mart. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on Avenue Supermarts (D-Mart): Overweight| Target Rs 4471Morgan Stanley … Read more
