Goldman Sachs Group Inc. tactically lowered Indian equities to neutral from overweight as slowing economic growth dents the outlook for corporate earnings. “While we believe the structural positive case for India remains intact, economic growth is cyclically slowing down across many pockets,” strategists including Sunil Koul wrote in a note on Tuesday. Worsening earnings sentiment,…
READ MOREShares of Indus Towers are likely to be in focus on Wednesday after the Competition Commission of India (CCI) approved Bharti Airtel’s plan to increase its stake in Indus Towers, following the telecom infrastructure company’s share buyback. “The Commission approves an increase in the percentage shareholding of Bharti Airtel Ltd (Bharti Airtel) in Indus Towers…
READ MOREShares of One 97 Communications-owned Paytm jumped 5% to an intraday high of Rs 722.50 on the BSE after the National Payments Corporation of India (NPCI) granted the company approval to onboard new UPI users, subject to adherence to all procedural guidelines and circulars. “We would like to inform you that vide letter dated October…
READ MOREIRFC Share Price 137.68 03:59 PM | 22 Oct 2024 -7.01(-4.85%) Suzlon Energy Share Price 68.56 03:59 PM | 22 Oct 2024 -2.07(-2.94%) IREDA Share Price 199.52 03:59 PM | 22 Oct 2024 -10.51(-5.01%) Tata Motors Share Price 879.5 03:59 PM | 22 Oct 2024 -23.8(-2.64%) YES Bank Share Price 20.04 03:59 PM | 22…
READ MOREWhen you wish your home to look beautiful and clutter-free, there is no way you can ignore the need for storage spaces. Almirahs are an integral part of Indian homes. Since every room in the house has its unique storage requirements, installing the right storage unit can help you to organise things while making the…
READ MOREThe Nifty Index opened flattish on Tuesday but bears were in full control right from the beginning of the session. The selling intensity increased in the second half and the index broke 24,450 zones. It formed a bearish candle on a daily frame and closed below 24,500 zones with losses of around 310 points. “Now,…
READ MORE“India has almost 50 to 60% of their medical expenses as out of pocket expenses compared to a global number of about 18%. And you can just imagine the kind of potential that we have in India today when it comes to health benefits. I think today not only insurance, but a well rounded healthcare…
READ MOREBrokerage firms like Bernstein have an outperform rating on Paytm, while JPMorgan has an overweight rating on Bajaj Finance. Meanwhile, Nuvama has a buy rating, and Macquarie has an underperform rating on Zomato, respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Bernstein on Paytm: Outperform |…
READ MOREShares of small cap multibagger stock Grovy India are likely to remain in focus today as the company had fixed October 22 as the record date for the purpose of its 3:1 bonus share issue. “This is to inform you that the Company has fixed Wednesday, 23rd October, 2024 as the Record Date for the…
READ MOREIndian benchmark equity indices Sensex and Nifty50 opened marginally higher on Tuesday, amid weak global cues, driven by gains in index heavyweights ICICI Bank, Infosys, and Reliance Industries. The BSE Sensex rose 171 points, or 0.21%, to 81,323, while the Nifty50 gained 45 points, or 0.18%, trading at 24,826 at around 9:19 am. From the…
READ MORE