Stocks in Israel and the Middle East dropped on Sunday in response to the heightened tensions in the region. Israel equities plunged 5.8% at the time of going to print. Saudi Arabia was down 1.7%, while Kuwait and Qatar markets were trading weak.
BEL shares jump 4%, hit 52-week high after Nuvama raises target price post strong Q4 results
BEL shares: Nuvama highlighted that BEL’s Q4 margins improved to 30.6% from 26.7% quarter-on-quarter, exceeding market expectations of 24.7%. The management has reiterated its guidance