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Zomato Ltd has been added to CLSA’s 'high conviction' list, with the Hong Kong-based brokerage firm reiterating its 'outperform' rating and raising the target price to Rs 400 per share. This new target implies a significant 64% upside from the curr
On Wednesday, shares of Adani Group companies showed gains of up to 6% following a strong rally in the prior trading session. Adani Green emerged as the top performer, climbing almost 6% to ₹1,065 during intra-day trading. Other key gainers include
On January 15, power stocks experienced a notable surge, with Power Grid, NTPC, and Coal India emerging as the top Nifty 50 gainers, each climbing up to 4%. The rally was fueled by data from the Ministry of New and Renewable Energy, which highlighted
Welspun Corporation has signed a Memorandum of Understanding (MOU) with Saudi Aramco to set up a cutting-edge longitudinal submerged arc welding (LSAW) line pipe production plant in Saudi Arabia. The announcement has been well-received by investors,
Jammu and Kashmir Bank has received an official advisory from the Securities and Exchange Board of India (SEBI) due to a delay in announcing the appointment of its new Managing Director and CEO, Amitava Chatterjee. The private sector bank disclosed t
The government is actively preparing to present the Union Budget for the financial year 2025-26, with various sectors and stakeholders anticipating significant announcements. The railway sector, in particular, has generated substantial interest among
Benchmark indices Sensex and Nifty opened higher on January 15, extending gains for the second straight session, driven by strong performances in energy, metal, and oil and gas stocks. However, weakness in pharma and healthcare stocks tempered the ra
Market Outlook and Investor Strategies Looking ahead, experts believe it's essential for investors to remain vigilant and adapt to the shifting market landscape. The market may move away from low-growth, low-quality segments towards companies with
In a recent interview, CEO Nalin Negi detailed BharatPe's strategic roadmap, emphasizing resilience and a clear focus on achieving significant milestones. The company, which plans to go public within the next 18-24 months, aims for full-year EBITDA p
Asian stocks saw modest gains on Tuesday as investors awaited the upcoming US consumer price index (CPI) report, which is expected to provide crucial insights into the Federal Reserve's future monetary policy. The MSCI Asia Pacific Index edged up by
Indian equity markets recovered on Tuesday, January 14, from a seven-month low recorded the previous day, driven by improved global risk sentiment and domestic factors providing stability. Key contributors to the positive outlook included reports of
To enhance transparency and reduce unclaimed assets in the securities market, the Securities and Exchange Board of India (SEBI) has introduced updated guidelines to overhaul the nomination process for mutual fund folios and demat accounts. These new
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