Eight of the top-10 most valued firms together added Rs 1,83,290.36 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers, in line with a rally in equities. Last week, the BSE benchmark jumped 963.87 points, or 1.21 per cent. The market valuation of TCS … Read more
Domestic markets traded within a narrow range and ended nearly unchanged on Thursday, pausing after Wednesday’s gains. In today’s trade, shares of HDFC Bank, IDFC First Bank, IDBI Bank, Dr Reddy’s, Lloyds Metals among others will be in focus due to various news developments and first-quarter updates. HDFC Bank India’s leading private lender HDFC Bank … Read more
Indian Railway Finance Corporation Share Price 176.48 04:10 PM | 3 Jul 2024 4.51(2.63%) One97 Communications Share Price 417.55 03:59 PM | 3 Jul 2024 -3.5(-0.84%) YES Bank Share Price 23.93 04:10 PM | 3 Jul 2024 0.08(0.34%) ITC Share Price 428.3 04:10 PM | 3 Jul 2024 2.81(0.66%) HDFC Bank Share Price 1768.65 04:10 … Read more
Brokerage firms like Jefferies and UBS have buy ratings on HDFC Bank. Jefferies also maintains a buy rating on M&M Finance, while Citi remains neutral on M&M Finance. UBS reaffirms its buy rating on HDFC Bank. Additionally, Citi rates Avenue Supermarts as neutral, while Morgan Stanley rates it as overweight, with sell ratings from both … Read more
Indian markets opened at record highs but experienced some correction due to a lack of sustained buying on Tuesday. In today’s trade, shares of YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc due to various developments. DMartAvenue Supermarts, which operates DMart stores, reported a standalone revenue of Rs 13,712 crore for the quarter ended June … Read more
“Global markets are quite solid. India VIX is relaxed. Momentum, participation, smallcaps coming back yesterday. So, it is a kind of an environment where one should participate, just stick to quality and have risk management in place,” says Gautam Shah, Goldilocks Premium Research.24,200 on the screen, are you guys riding the rally or are you … Read more
Weighted average lending rates on fresh loans and deposits fell marginally by 16bps and one bps ( one basis point is 0.01 percent) respectively in May according to the latest data released by the Reserve Bank of India. The weighted average lending rate (WALR) on fresh rupee loans of commercial banks stood at 9.39 per … Read more
Pranav Gundlapalle, Senior Research Analyst, Sanford C Bernstein, says expects private sector banks to outperform the public sector banks from now onwards, both in terms of the EPS growth numbers or even the fundamental metrics. What has not helped them from a stock price perspective has been the foreign outflows. So, with FII inflows potentially … Read more
Mumbai: The Nifty and Sensex extended their winning streak to a second day of fresh all-time highs on Wednesday, led by investor appetite for bluechips such as Reliance Industries and Bharti Airtel. Market experts are bullish in their sentiment and see the Nifty crossing 24,000 levels in the near term. NSE’s Nifty rose 147.5 points, … Read more
“You would find that among the largest or strongest growing markets for real estate in the past two years have been the greater MMR region, the Mumbai metropolitan region, particularly Thane. In the past, we used to see that real estate markets of Delhi, Bangalore would grow fast but particularly, we are seeing in the … Read more
