Pakistan Stock Exchange plunges 1,700 points amid election result uncertainty
A top financial analyst said that the KSE-100 index has plummeted because investors were looking to sell instead of buying due to the uncertain situation created after the elections. Another senior analyst said the investors wanted a stable government to be formed and the end to the political uncertainty.
Bullish on DLF, L&T, Maruti Suzuki and RIL from Indian equities: Jonathan Garner
We also like consumer discretionary and property. We are restricted, unfortunately, in talking about individual financial stocks but the names that we have in our focus list from India at the moment are DLF, Larsen & Toubro, Maruti Suzuki and then the mega cap Reliance Industries.
Multibagger Zomato jumps 4% on robust Q3 show. Should you buy at current levels?
Zomato’s third-quarter earnings beat the estimates on the back of robust growth in food delivery and hyperpure businesses. Net profit jumped nearly 4x (283%) quarter-on-quarter (QoQ) to Rs 138 crore. An ET Now poll saw the figure around Rs 36 crore. The company had posted a loss of Rs 347 crore in the last year […]
Hot Stocks: Brokerage view on Page Industries, Zomato, Lupin and ITC
Macquarie maintained an underperform rating on Zomato with a target price of Rs 76. The company has seen steady margin improvements and strong Quick Commerce growth, it said.
F&O stocks to buy today: BEL, SBI Life among top 3 trading ideas
Positive setup was seen in stocks like Cummins India, Trent, HAL, SBI, Tata Communication, Tata Power, Alkem, IOC, Canara Bank, BPCL, OFSS, Voltas, Coal India, TCS, RIL and DLF.
New highs for Nikkei, Hong Kong limps to holiday break
Japanese shares hit 34-year highs on Friday and strong earnings had the S&P 500 at record close, while oil prices were set for a sharp weekly rise on Israel’s rejection of a ceasefire offer from Hamas.
India inflation likely cooled to a three month low in January: Reuters poll
After surging since November, food prices, which make up about half of the consumer price index (CPI) basket, eased last month, according to economists in the Feb. 5-8 Reuters poll. Headline inflation, as measured by the annual change in the CPI, was forecast to fall to 5.09% in January from 5.69% in December, the survey […]
Oil prices headed for weekly gains as Israel rejects ceasefire offer
Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas.
Sebi mulls framework for FPIs to sell securities
Further, there are no regulatory prescriptions for dealing with securities that remain in the demat accounts of FPIs, post expiry of registration and for securities written- off by FPIs.
Equity funds report 35th consecutive month of net inflows
Contributions through systematic investment plans (SIP) surged to a record high of ₹18,838 crore in January higher by ₹1,228 crore than December’s ₹17,610 crore.