Brokerage firms such as Nuvama have a buy call on United Spirits and Federal Bank, while Nomura has a buy call on Tata Motors. Citi has a buy call on L&T, and Bernstein has an outperform rating on Axis Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other … Read more
Shares of Engineering and construction major Larsen and Toubro (L&T) jumped 2% on Thursday to its day’s high of Rs 3589.80 on BSE after the company reported a consolidated net profit of Rs 2,786 crore for the quarter ended June 30, 2024. The company’s revenue from operations increased 15% year-on-year (YoY) to Rs 55,120 crore, … Read more
Equity markets reacted harshly to the hike in capital gains tax on Tuesday, but erased all the losses in the end. In today’s trade, shares of L&T, Axis Bank, HUL, Bajaj Finance, Tata Consumer among others will be in focus due to various news developments or quarterly earnings. L&T, Axis Bank, Bajaj Finserv, SBI Life … 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
The Interim Budget which focuses on fiscal consolidation, infrastructure spending, consumption, and capital expenditure can create a ripple effect on many sectors of the economy as the government has set a capex target of Rs 11.1 lakh crore for FY25. Within the confines of the available fiscal space, the government is channeling enough for capex … Read more
Indian headline indices ended in the red on Saturday conceding their morning gains amid selling pressure in FMCG, IT and pharma sectors despite a good show by banks. The S&P BSE Sensex declined nearly 260 points while the Nifty50 closed below 21,600 level. Stocks that were in focus include names like Bharti Airtel rose more … Read more
