The Indian market is set to trade higher on Friday, tracking positive global cues. The Nifty futures closed positively with gains of 0.85%, reaching 26,220 on Thursday. The volatility index, India VIX, cooled by 7.12%, settling at 11.84, indicating a decrease in market volatility. On the options front, the maximum Call Open Interest (OI) is … Read more
Shares of the metal major Vedanta on Tuesday gained 2% to its day’s high of Rs 473.05 after the company announced third interim dividend of Rs 20 per share for the financial year 2024-25. The total dividend payout will amount to Rs 7,821 crore and the company has set September 10 as the record date … Read more
Bulls regained control from the bears on Wednesday pushing the Nifty index above 24,300. In today’s trade, shares of Bajaj Finance, Vedanta, L&T Finance, Hindustan Zinc, Star Health among others will be in focus due to various news developments and first quarter updates. Bajaj FinanceBajaj Finance reported a 10% year-on-year growth in new loans booked … Read more
The Indian mining company controlled by billionaire Anil Agarwal is considering tapping bond markets for at least $500 million in a debut overseas issuance, according to two people familiar with the proposal. Vedanta Ltd. is discussing the plan with lenders and seeking legal opinions about the potential sale, according to the people, who asked not … Read more
Domestic markets experienced volatility on Wednesday and closed nearly unchanged amidst mixed signals. In today’s trade, shares of Vedanta, PNB Housing, Best Agrolife, Mas Financial, Brigade Enterprises among others will be in focus due to various news developments. Vedanta Vedanta Ltd is planning to spend $5 billion over the next decade as it looks to … Read more
Brokerage firms such as JPMorgan maintained an overweight rating on Zomato, while Nomura maintained a buy rating on M&M, CLSA has a buy rating on Vedanta and Jefferies recommended a buy on Infosys.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:JPMorgan on Zomato: Overweight | Target: Rs 208Global … Read more
Brokerage firms such as Macquarie maintained an underperform rating on Zomato, while Kotak Institutional Equities recommended a Sell on GAIL India, CLSA upgraded Vedanta to underperform, and Jefferies maintained a buy rating on MAX Financial. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Zomato: Underperform| … Read more
