Hot Stocks: Brokerages view on IndusInd Bank, United Spirits, HDFC Bank and Bluedart Express
UBS maintained a buy rating on IndusInd Bank with a target of Rs 1800. The company is on track to improve earnings quality.
JPMorgan index inclusion pushes Indian bond yields to 2-month lows
The inclusion will begin on June 28, 2024, and extend over 10 months with 1% increments on its index weighting, JPMorgan said, adding that India is expected to reach the maximum weighting of 10%.
F&O Ban: Balrampur Chini among 8 stocks under ban on Friday
The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
Cholamandalam Fin among 4 stocks that saw 5-year swing high breakout
BOJ keeps ultra-loose policy, dovish guidance on outlook
Markets are focusing on comments from Governor Kazuo Ueda’s post-meeting briefing for clues on how soon the bank could phase out the massive stimulus programme of his predecessor. As widely expected, the BOJ maintained its short-term interest rate target of -0.1% and that for the 10-year bond yield around 0% at a two-day meeting that […]
Stocks to buy or sell today: India Cements, UPL among top 7 trading ideas
India VIX was down by 2.81% from 11.13 to 10.81 levels in the previous trading session. Volatility fell and has been hovering at its lower band for the last six months.
Big movers on D-Street: What should investors do with Apollo Tyres, SJVN and Nykaa?
Stocks that were in focus included names like Apollo Tyres, which fell 2.89%, SJVN, which dropped 12.91%, and Nykaa, whose shares declined 2.27% on Thursday.
Positive Breakout: Prime Focus and 2 other stocks cross above their 200 DMA
JPMorgan is adding India to its emerging-markets bond index
The index provider will add Indian securities to the JPMorgan Government Bond Index-Emerging Markets starting June 28, 2024. The South Asian nation will have a maximum weight of 10% on the index, according to a statement Thursday.
Capital Goods, BFSI and IT top draws for foreign funds
After selling metals and mining shares worth ₹7,000 crore in August, FPIs offloaded another ₹4,556 crore worth of shares in the sector. Overseas investors also sold power shares worth ₹4,153 crore after they allocated a dominant ₹11,563 crore to the sector stocks in August.