Brokerage firm InCred upgraded Infosys to an ADD post Q3 results, Morgan Stanley also upgraded TCS to overweight post Q3 results, Axis Capital maintained an ADD rating on Polycab and Jefferies has a buy rating on Macrotech Developers. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: InCred … Read more
Brokerage firm CLSA maintained a buy rating on RIL, Goldman Sachs downgraded ONGC, BPCL, and IOC. Jefferies has a buy rating on Godrej Consumer and Nuvama upgraded Infosys to buy ahead of Q3 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on RIL: Buy| Target … Read more
Equity indices closed with marginal gains on Tuesday amid profit booking and mixed Asian markets. The 30-share Sensex trimmed most of the gains during the fag-end trading and ended marginally higher by 30 points at 71,386. The Nifty was up 32 points at 21,544. Stocks that were in focus included names like TCS, which rose … Read more
In between hectic trading days, equity investors will have room for small breathers with four long weekends scheduled in the first three months of the current calendar year. In January, exchanges will remain closed on January 26 on account of Republic Day, which is falling on Friday. Hence, there will be three consecutive days off … Read more
Brokerage firm UBS upgraded Infosys and downgraded Wipro ahead of the December quarter results. JPMorgan upgraded TCS, Infosys as well as HCL Technologies. JPMorgan upgraded Tata Motors to overweight.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS on IT sector: Infosys, Wipro, TCS and HCL TechnologiesUBS upgraded … Read more
With a nearly 20% rally in 2023, Nifty is overvalued by as much, according to a report by Kotak Institutional Equities. The brokerage remains wary of an absolute return potential of the market from the current levels as it replaces ITC and Larsen & Toubro (L&T) with Britannia and PSU stock NTPC from its concentrated … Read more
Similarly, HDFC Bank has one of the best credit underwriting matrices in the system and consistently gained market share over a long period. The stock is trading at 2.2 times of its book value compared with the long-term average of 3.7. Synopsis Mega stocks such as HDFC Bank, Reliance Industries, ICICI Bank, Infosys, TCS, Axis … Read more
Tata Consumer Products became the sixth firm among the listed Tata Group companies to cross the market capitalisation of Rs 1 lakh crore. In Friday’s trade, Tata Consumer stock rose 3.8% to cross this milestone. Apart from Tata Consumer, Tata Consultancy Services (TCS), Titan, Tata Motors, Tata Steel, and Trent have crossed the market cap … Read more
