With impatient investors unwilling to wait till the release of Lok Sabha election results on June 4 or even the exit poll on June 1, Sensex has rallied over 3,500 points since voting began in a Rs 26 lakh crore rally. Considering April 19’s low of 71,816.46, when voting for the first phase of Lok … Read more
Brokerage firm Bernstein maintained a Market Perform rating on HCL Technologies, Nuvama has a buy rating on BHEL, Jefferies recommended a buy on JB Pharma and Goldman Sachs has a buy rating on Hitachi Energy. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Bernstein on IT sector: … Read more
NEW DELHI: Sensex on Tuesday climbed more than 100 points in early trade to 73,636 while Nifty was trading above 22,350.TCS, HDFC Bank, Axis Bank, Reliance Industries, and ICICI Bank were the top 5 gainers, while ITC, Nestle India, Cipla, JSW Steel, and NTPC were the top 5 losers, as per NSE data.So far in … Read more
MUMBAI: The street failed to take comfort from Paytm management’s assurance to investors that the company would disassociate from Paytm Payments Bank (PPBL) and partner with other banks following the Reserve Bank of India’s (RBI) move to severely restrict operations of PPBL. For the second straight day, the stock price of One 97 Communications (OCL) … Read more
(This story originally appeared in on Feb 01, 2024) MUMBAI: RBI’s Wednesday diktat on Paytm Payments Bank is expected to weigh on the stock price of its parent, One97 Communications, which is still 65% down from the level the shares were sold in its IPO a little over two years ago. Paytm had gone public … Read more
MUMBAI: RBI‘s Wednesday diktat on Paytm Payments Bank is expected to weigh on the stock price of its parent, One97 Communications, which is still 65% down from the level the shares were sold in its IPO a little over two years ago. Brokers and analysts have turned bearish on the company with one report saying … Read more
HDFC Bank share price today: HDFC Bank shares experienced a significant drop on Thursday, with a decrease of up to 3.7% to the day’s low at Rs 1,480 on the Bombay Stock Exchange. Despite Wednesday’s crash, the bank failed to attract enough dip buyers to recover. Over the past two trading days, the stock has … Read more