Nuvama Wealth Management on Friday witnessed a series of block deals where Morgan Stanley, Goldman Sachs and Smallcap World Fund Inc bought shares at a combined cost of Rs 1,235 crore. While Morgan Stanley purchased 3.42 lakh shares at a total cost of Rs 229 crore, Goldman Sachs picked up 3.24 lakh shares and the … Read more
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
Asian stocks were steady early Tuesday following a mixed session on Wall Street where traders boosted bets the Federal Reserve will this week deliver a half-point rate cut. Equities in Sydney and Tokyo fluctuated. Futures for US stocks were little changed after the S&P 500 closed 0.1% higher and the Nasdaq 100 slid 0.5%, with … Read more
Shares of telecom company Vodafone Idea have fallen by 16% in one month and by 20% in the current year so far, following global brokerage firm Goldman Sachs’ commentary on the stock. The global brokerage firm Goldman Sachs, earlier in the last week, had given a target price of just Rs 2.5 and signaled a … Read more
The share price of Vodafone Idea dropped by 14% on Friday, reaching a low of Rs 12.91 from the previous day’s close of Rs 15.09. This decline followed a target price of Rs 2.5 set by global brokerage firm Goldman Sachs, which also signaled a potential downside of up to 83%. Based on the recent … Read more
“I am expecting a 25 basis point, not because the markets do not need more, it is just that an extreme move like a 50 basis point might really scare the markets and that is definitely not what the Federal Bank is trying to achieve,” says Farah Mourad, Senior Market Analyst, Equiti Group.Now promising data … Read more
Global brokerage firm Goldman Sachs initiated coverage on Honasa Consumer (Mamaearth) with a ‘Buy’ rating and target price of Rs 570, which indicates an upside potential of 26% from the previous day’s closing price of Rs 451 apiece. Following the coverage initiation, shares of Mamaearth also jumped 5% to Rs 472 on BSE. In its … Read more
Brokerage firm Nuvama has a reduce call on Kotak Bank, while Goldman Sachs and Jefferies have a buy rating on HDFC Bank. Investec has maintained a sell call on PVR Inox.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Nuvama on Kotak Mahindra Bank: Reduce | Target price: Rs … Read more
Santanu Sengupta, Chief India Economist, Goldman Sachs, says India’s public debt to GDP at 80% plus is one of the highest among EMs. So though India has had high growth, over a period of time. that debt to GDP number needs to consolidate below 80% and probably get closer to 75%. That is why the … Read more
Generative artificial intelligence (AI) has become the latest buzzword across industries and businesses. Most agree that it is going to revolutionise businesses. Yet serious questions hang over its uses and impact. A KPMG survey in the US found executives expect Generative AI to have an enormous impact on business, but most say they are unprepared … Read more
