Hot Stocks: Brokerages on Apollo Tyres, Tata Communication, ICICI Lombard and LIC Housing
JPMorgan initiated coverage on Apollo Tyres with an overweight rating with a target of Rs 370. The management vision of FY26 prioritises sustainable performance, it said.
3 sectors that can create multibaggers in next 10 years: Amit Jain
“In our view, the Indian market will touch new highs much earlier, compared to any other market in the world. There is a very high chance that by the end of this calendar year, we will have a new high for the Nifty. Every dip in the Indian market is a buying opportunity, as this […]
Stocks to buy or sell today: 8 short-term trading ideas by experts
The S&P BSE Sensex rose over 500 points on Tuesday while Nifty50 closed with gains of over 1 per cent in the previous trading session.
Goldman CEO says reasonable chance of U.S. recession in 2023
Solomon’s comments echoed those of JPMorgan & Co CEO Jamie Dimon in expressing caution about the economic outlook. Their counterpart at Bank of America Corp, Brian Moynihan, has been more optimistic, pointing to the healthy finances of consumers and businesses.
Netflix reverses subscriber slump, shares surge 14%
Netflix estimated that competitors would end 2022 with combined operating losses of “well over $10 billion,” compared with Netflix’s annual operating profit of $5 billion to $6 billion.
Big Movers on D-St: What should investors do with Motherson Sumi, Kalyan Jewellers, and City Union Bank?
Volumes were quite high, and a higher top higher bottom pattern was formed. From highs, the price witnessed some selloff as it took the support of previous bottoms around 93 and moved above the previous high of 104.65; the stock indicated further upside from here.
What changed for market while you were sleeping
Asian stocks had a mixed open on Wednesday as traders assessed a solid start to the corporate-earnings season that helped extend a rally in US markets.
Most Asian shares extend rally, markets await UK inflation data
The U.S. dollar was little changed on Wednesday and hovered close to the weakest level in almost two weeks. It, however, hit another fresh 32-year high of 149.34 yen overnight, before stabilising at 149.16 amid risk of intervention from the Japanese authorities.
Stocks in the news: TechM, Tata Motors, Adani Enterprises, Nestle, ICICI Lombard and ZEEL
Nestle, UltraTech Cement, IndusInd Bank, Havells, AU Small Finance Bank, HDFC AMC, Persistent Systems, Metro Brands and Oracle Financial Services Software are among the companies that will announce their results for September 2022 quarter today.
Canara, Indian Bank get Haitong Sec’s ‘Outperform’
“After being severely impacted during the previous corporate cycle, PSBs are gradually improving their asset quality,” said Haitong’s analysts Darpin Shah and Nikhil Vaishnav in a note to clients. “Further, these banks are more focused on better-rated corporates and granular loans, which provides some comfort on the asset quality here-on.”