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READ MOREShares of Bajaj Finserv are likely to remain in focus on Wednesday as the company will announce its September quarter earnings later today. The promoter company of Bajaj Finance and Bajaj Housing Finance had reported a 10% year-on-year (YoY) increase in its consolidated profit after tax (PAT) to Rs 2,138 crore for the quarter ended…
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 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 MOREIndian equity indices, the Sensex and Nifty50, opened higher on Monday ahead of the domestic September inflation data due later in the day, with investors focusing on earnings reports from Reliance Industries and HCL Tech. The BSE Sensex rose 507 points, or 0.62%, to trade at 81,888.15, while the Nifty50 gained 143 points, or 0.57%,…
READ MOREIndian benchmark equity indices Sensex and Nifty opened lower on Friday, dragged down by banking, financial, and IT major Tata Consultancy Services (TCS), which reported a quarterly profit miss, marking a lackluster start to the earnings season for local tech firms. Additionally, Indian equities faced downward pressure as U.S. inflation data for September exceeded expectations,…
READ MOREShares of rate-sensitive stocks – banks and NFBCs – rallied up to 4% on Wednesday morning after the Reserve Bank of India (RBI) changed its policy stance to ‘neutral’ from ‘withdrawal of accommodation’ earlier. Led by gains in financials, the Sensex also jumped 500 points. The change in stance is being seen as a step…
READ MOREDomestic markets saw a sharp plunge on Thursday, dropping over 2% due to weak global cues. In today’s trade, shares of DMart, Reliance Power, Bajaj Finance, Sundaram-Clayton, Bank of Baroda among others will be in focus due to various news developments. DMart DMart reported 14% growth in its standalone revenues at Rs 14,050 crore for…
READ MOREKey equity indices Sensex and Nifty opened at fresh record highs for the sixth consecutive session on Thursday, driven by gains in IT and auto stocks, amid continued optimism over higher foreign inflows. The BSE Sensex was up 123 points, or 0.15%, at 85,290, while the Nifty50 rose 40 points, or 0.15%, to 26,043 around…
READ MOREBrokerage firms such as CLSA have an underperform rating on Bajaj Auto, while Citi has a sell call on LTIMindtree. Kotak has initiated coverage on Emcure Pharma with an ‘add’ rating. Meanwhile, Morgan Stanley has an overweight rating on Bajaj Finance. We have collated a list of recommendations from top brokerage firms from ETNow and…
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