Equity markets closed last week on a strong note, reversing the losses due to Budget negativity. In today’s trade, shares of ICICI Bank, Adani Wilmar, ACC, Dr Reddy’s, IndiGo, IndusInd Bank among others will be in focus due to news developments and first quarter results. Adani Total Gas, HPCL, Adani Wilmar, ACCShares of Adani Total … Read more
Global Brokerage JPMorgan has initiated coverage on Bharti Hexacom with an overweight rating, while Morgan Stanley has an equal-weight and overweight call on Apollo Tyres and Varun Beverages, respectively. Meanwhile, Citi and Goldman Sachs have buy calls on Vodafone Idea and HDFC Life. We have collated a list of recommendations from top brokerage firms from … Read more
Brokerage firms such as Jefferies have maintained a ‘buy’ call on Reliance, while Investec and Morgan Stanley have a ‘buy’ and ‘overweight’ call on M&M, respectively. Axis Capital has downgraded ICICI Bank to ‘add’ from ‘buy’, while Ambuja Cements received a double upgrade from Nomura. Morgan Stanley has maintained an ‘overweight’ call on IndiGo. We … Read more
Markets fluctuated sharply within a range and ended up losing nearly half a percent on Wednesday, wiping out the gains from the preceding session. In today’s trade, shares of Nykaa, TCS, Tata Elxsi, Glenmark Life, YES Bank, Siemens among others will be in focus due to various news developments and first quarter results. TCS, Anand … 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
The equity indices Sensex and Nifty hit fresh lifetime highs before closing flat, as profit-taking in select banking and telecom shares occurred amid mixed global cues on Tuesday. Stocks in focus included Solar Industries, which rose 8.23%; Kotak Bank, which fell 2.49%; and Max Health, whose shares declined 4.46% on Wednesday. Viral Chheda, Senior Technical … Read more
Domestic markets began the week with modest gains, continuing the prevailing positive trend. In today’s trade, shares of Paytm, Indus Towers, Vedanta, Cipla, Gland Pharma among others will be in focus due to various news developments. Paytm Goldman Sachs sold 44.20 lakh shares of One 97 Communications on Tuesday via block deal for Rs 183.44 … Read more
Equity indices hit their fresh record levels on Thursday after lower-than-expected inflation raised hopes of an interest rate cut by the RBI. In today’s trade, L&T Finance, Ambuja Cement, Vodafone Idea, Puravankara, Wipro among others will be in focus due to various news developments. L&T Finance Morgan Stanley bought 3.13 crore equity shares in L&T … Read more
Brokerage house Goldman Sachs maintained a buy rating on Reliance Industries (RIL), while Citigroup recommended a neutral rating on Coal India and upgraded MGL to neutral. UBS maintained a buy rating on ABB India. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on RIL: Buy … Read more
Brokerage houses such as CLSA downgraded Tata Steel to sell and M&M to outperform from a buy rating earlier. Morgan Stanley maintained an overweight rating on Apollo Hospitals and HSBC gave a buy tag to HDFC Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on … Read more
