Realty stocks jumped up to 7.2% on Friday after the rate-setting committee of the Reserve Bank of India (RBI) left the repo rate unchanged for the seventh time in a row. Mahindra Lifespace Developers gained the most in the Nifty Realty index. The other top gainers were Godrej Properties, Oberoi Realty, DLF, Brigade Enterprises, Macrotech … Read more
Technical analysts continue to maintain a cautious outlook on Nifty for the truncated trading week ahead. According to analysts, profit-taking may resume until the index decisively reclaims 22,200. Some of the stocks recommended by analysts for short-term trades include Apollo Hospitals, Eicher Motors, Hero Motocorp, Maruti, Bajaj Auto, Sun Pharma, Tata Motors, ABB, Cummins India, … Read more
The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more
Brokerage firm JPMorgan maintained an underweight rating on Tata Elxsi, Jefferies recommended a hold rating on Oberoi Realty, CLSA has an outperform rating on Hero MotoCorp and Morgan Stanley maintained an overweight rating on Axis Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: JPMorgan on Tata … Read more
Mumbai: Real estate stocks were among the top performers on Thursday as the bullish momentum in the sector drove the share prices of many of them to record levels. The Nifty Realty index soared 6.76% – its largest single-day jump since September 2021 – to its highest closing in 15 years as against the Nifty’s … Read more
