Indian market is likely to consolidate on Wednesday tracking mixed global cues. The Nifty future closed negative with losses of 0.28% at 22436 levels on Tuesday. India VIX was down by 3.64% from 14.92 to 14.38 levels. “In the last few months, we have witnessed India VIX trading in a band between 14 and 17, … 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 BofA Securities has a neutral rating on IOC and underperform rating on BPCL and HPCL, respectively. Citi maintained a sell rating on Piramal Enterprises and a buy rating on GAIL India. JM Financial has a buy rating on Go Fashion (India). We have collated a list of recommendations from top brokerage firms from … Read more
Vedanta to underperform, and Jefferies maintained a buy rating on MAX Financial. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Zomato: Underperform| Target: Rs 96 Macquarie maintained an underperform rating on Zomato but raised the target price to Rs 96 from Rs 76 earlier. The … Read more
Indian market is likely to consolidate on Tuesday tracking mixed global cues. The Nifty future closed positive with gains of 0.32% at 22167 levels on Monday. India VIX moved up by 5.22% from 15.22 to 16.02 levels. Volatility slightly rose but created momentum for the bulls. Positive setup was seen in stocks like GMR Infra, … Read more
Brokerage firm Citigroup maintained a neutral rating on RIL, Jefferies retained a buy rating on Marico, Macquarie has a neutral rating on Bajaj Finance while Investec recommended a buy on Gail India and ITC post Q3 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on … Read more
Brokerage firm Morgan Stanley maintained an underweight rating on L&T Technologies, Nuvama downgraded HDFC Bank post Q3 results, and an overweight rating on ICICI Lombard. UBS maintained a buy rating on GAIL India. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on L&T Technology Services: … Read more
Country’s leading gas refining PSU, GAIL (India) Ltd has invested Rs 1 crore under its PANKH initiative in Nawgati, a fuel aggregator startup. The partnership aims to play a pivotal role in advancing Nawgati’s key focus areas for the upcoming year such as digitising and enriching the complete fueling journey for pump operators, companies, and … Read more
The Indian market is likely to trade higher on Friday tracking positive global cues. The S&P BSE Sensex rose more than 900 points while the Nifty50 closed with gains of over 250 points on Thursday. India VIX was up by 2.16% from 12.06 to 12.32 levels. Volatility was slightly up but has been cooling off … Read more
NEW DELHI: India’s top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks at innovative ways as a pivot to boost business, company officials said. GAIL has contracted 5.8 million tonnes per annum of LNG (natural gas … Read more