Jefferies picks 11 stocks that can deliver 15-25% CAGR return for 5 years
Global brokerage firm Jefferies has released a list of 11 stocks that it believes can deliver 15-25% CAGR over the next five years. Stocks with the highest upside include Macrotech, Axis Bank, Max Healthcare and Amber.
Rekha Jhunjhunwala-backed Baazar Style Retail files IPO papers with Sebi
Under the offer for sale, Rekha Jhunjhunwala will offload about 27 lakh shares, and the rest will be sold by Intensive Softshare, Intensive Finance, Chandurkar Investments, Subroto Trading and Finance, Rajnish Gupta, Madhu Surana, Sabita Agarwal among others.
Adani bonds, shares decline as US expands probe into the group
A note from unit Adani Ports & Special Economic Zone Ltd. due in 2041 slid 2.4 cents, the most since August, to 79.1 cents. Another bond from subsidiary Adani Renewable Energy RJ Ltd. due 2039 fell 2.3 cents to 83 cents, the worst drop since February 2023. That pares gains in recent months that sent […]
Tech picks: 2 Tata Group stocks among 6 investing ideas for returns up to 13% in short term
The stock has undergone a good retest of the anchor VWAP support level at 480 on its daily charts. The overall bullish trend appears to remain intact.
Sebi deadline looms large over Rs 7 lakh crore mega rally in PSU bank stocks
PSU bank stocks face Sebi deadline for public shareholding. Compliance by some banks is needed. Analysts are optimistic about growth, profitability in PSU sector, despite challenges. Valuations remain attractive for investors seeking value opportunities in the market.
Hot Stocks: Brokerage view on RIL, IOC, PCBL and ICICI Bank
Brokerage firm Morgan Stanley maintained an overweight rating on RIL and an overweight rating on Indian Oil Corporation (IOC). Sharekhan recommended a buy on ICICI Bank and ICICIdirect has a buy rating on PCBL.
Big movers on D-Street: What should investors do with OIL, IOC and BPCL?
Stocks that were in focus included names like OIL, which fell 4.04%, IOC, which declined 5.25%, and BPCL, whose shares dropped 4.15% on Friday.
Binance CEO sees Bitcoin topping $80,000
The launch of Bitcoin ETF in the US earlier this year has attracted institutional investors and new fund flows, Teng said at an event in Bangkok on Sunday, adding “we’re just getting started.”
JM Financial Fund, Elham invest in GMR Sports’ bond issue
JSW GMR Cricket, a 50:50 JV between GMR Sports and Sajjan Jindal-promoted company JSW Sports, owns Delhi Capitals in the Indian Premier League and Women’s Premier League.
Breach of 21,900 may trigger further weakness for Nifty
A negative candle was formed on the daily chart, which was placed at the edge of moving below the immediate support of 21,900. The downside breakout of the daily 10/20 period exponential moving average (EMA) and ascending trend line is intact, and the market is finding resistance around 22,200 levels.