Children’s Day: Titan, Canara Bank among top 12 stock ideas for your little one’s future
While the near term could see volatility coming from global geopolitical tensions, higher for longer interest rates and coming Lok Sabha elections, investors are expecting double-digit returns in the next 2-3 years.
Asia stocks rise ahead of US inflation data; yen stumbles
Japanese Finance Minister Shunichi Suzuki said on Tuesday that the government would take all possible steps necessary to respond to currency moves, repeating his usual mantra that excessive swings were undesirable.
Sebi nod for IPOs of Fedbank Financial, Epack Durables & Suraj Estate Developers
The regulator issued its final observations on the draft papers filed by the companies earlier this month. When a company receives a final observation from Sebi, it’s a signal from the regulator to go ahead with the IPO process.
Coal India pricing reasonable, still top pick post rally
The average price target on Coal India of all analysts compiled by Bloomberg following the second quarter results is at ₹338.22, almost 3% lower than its closing price of ₹349.35 on Monday. Brokerage Jefferies said that the company’s earnings outlook has improved due to better volume growth and lower-than-expected cost trajectory. It upgraded the EPS […]
Govt looks to offload 5-10% in some public sector banks
The government is keen to take advantage of the sharp rally in share prices of public sector banks (PSBs) that are riding on much-improved financial performance and fundamentals. The stake sale can be conducted through the offer-for-sale route for lenders that are not inclined toward a rights issue, said people aware of the deliberations.