Fiscal 2024 has come to an end with a lot of churn in the broader market, which spilled, to a certain extent, onto the largecap stocks as well. If we look at the overall year, it was a rewarding period for Indian investors, where large caps rallied substantial 33%, midcaps surged by 56%, and small … Read more
Brokerage house Goldman Sachs maintained a buy rating on Reliance Industries (RIL), while Citigroup recommended a neutral rating on Coal India and upgraded MGL to neutral. UBS maintained a buy rating on ABB India. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on RIL: Buy … Read more
Indian market is expected to consolidate on Tuesday tracking mixed global cues. The Nifty future closed negative with losses of 0.01% at 22499 levels on Monday. India VIX was down by 0.47% from 15.24 to 14.92 levels. Positive setup was seen in stocks like BHEL, NTPC, Tata Communication, Gail India, PEL, Tata Power, MFSL, IGL, … Read more
Brokerage firm Macquarie has a neutral rating on Maruti Suzuki, Axis Capital downgraded ABB India to reduce, CLSA has an underperform rating on Asian Paints and Citigroup initiated a buy on Honasa Consumer (Mamaearth). We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on Honasa Consumer: Buy| … Read more
While there is a lot of hullabaloo around the incumbent government’s proposal to rechristen India as “Bharat”, the reaction is quite the opposite on Dalal Street. Not just today, but since the last 1-2 years, both foreign and domestic investors are increasingly betting on the domestic growth story and the potential that India holds to … Read more