ETMarkets Smart Talk- Direction of market from hereon will be largely determined by earnings growth: Niraj Kumar
The macroeconomic stability that India offers along with demographics, political stability, and strong and credible institutional framework is a rare commodity in today’s VUCA (Volatile, Uncertain, Complex & Ambiguous) world.
Big Movers on D-Street: What should investors do with ITC, IndusInd Bank and Aarti Drugs?
Stocks that were in focus include names like ITC, which fell 4.30%, IndusInd Bank, which rose 1.96%, and Aarti Drugs, whose shares surged 18% on Monday.
Power Finance & 5 other stocks witness 5-year swing high breakouts
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.
Indiabulls Housing, ZEEL among 11 stocks that crossed above their 200 DMAs
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
US stock market: Dow leads Wall Street higher as investors eye beyond tech
Investors are awaiting Microsoft, Google-owner Alphabet and Meta Platforms earnings this week, which will show whether their stocks justify sky-high valuations.
Companies may be allowed to delist via fixed price: Sebi Chief
The regulator is also working on instantaneous settlement of stock market transactions and reviewing the trading plan mechanism for insiders at listed firms. Sebi will issue a discussion paper on the delisting process before December.
Vedanta Resources’ bonds decline on profit drop at India-listed arm
VRL faces potential rating action by S&P Global in the absence of a credible refinancing plan by July end for $1 billion bonds. On Friday, it told investors that the brand fee, at 3% of VDL’s annual revenue and subject to reviews within the six-year set mandate, can be increased to 5% without shareholders’ approval.
FPIs prefer secondary market route to bet on Indian equities
FPIs invest in Indian equities through two channels. One, the stock exchange route or the secondary market where they buy equities at prices quoted on the stock exchange. The other method is investment through the primary market route where FPIs invest in companies through initial public offer or qualified institutional placement offer (QIP). The latter […]
Kotak Bank drops 3.8% amid succession, valuation concerns
Out of the 35 brokerages whose ratings and price targets are uploaded on Bloomberg, 15 have retained their price targets, while 19 raised them by 0.5% to 7.5%. The average price target of the 35 analysts at ₹2,162 is over 14% above Monday’s closing price of ₹1,893.85.
Analysts raise RIL price targets by up to 15%
The average price target of analysts is ₹2,790, which is about 12% above Reliance’s closing price of ₹2,488 on Monday. The stock was down 2% over the previous day.