On the monthly expiry day, markets edged higher and gained nearly 1%, driven by favorable cues. In today’s trade, shares of Biocon, SJVN, Adani Green, Union Bank, Nuvama Wealth among others will be in focus due to various news developments. BioconBiocon has signed a licensing and supply agreement with Tabuk Pharmaceutical Manufacturing Company to commercialise … Read more
Brokerage firm Citi maintained a buy rating on Nuvama Wealth while Emkay Global and UBS initiated coverage on Man Industries and Bandhan Bank respectively. InCred has a reduce rating for ER&D stocks Tata Tech and Tata Elxsi. Yes Securities suggests buying in Tech Mahindra, Indus Towers and Granules. We have collated a list of recommendations … Read more
Indian market is likely to head higher on Monday tracking positive global and domestic cues. The Nifty future closed positive with gains of 0.34% at 22703 levels on Friday. India VIX was up by 1.7% from 24.18 to 24.60 levels. Volatility spiked above 26 levels during the week and has caused discomfort to the bulls. … Read more
Shares of Nuvama Wealth on Tuesday jumped 5.3% to Rs 5,305 on BSE after global brokerage Jefferies initiated coverage on the stock with a buy rating and target price of Rs 6,000. The brokerage has also initiated coverage on another wealth management firm 360 ONE, with a target price of Rs 900. “We believe Indian … Read more
