BUSINESS
IT stocks unfazed by Accenture's narrow FY24 guidance, Street cheers Q3 deal pickup
Analysts see Accenture's Q3 results as slightly positive for domestic IT stocks, thanks to a rise in small deals and a rebound in consulting growth
BUSINESS
Bernstein bullish on Bajaj Finance, Muthoot Finance, IndusInd Bank amid strong growth outlook
Analysts are optimistic about the Indian banking sector, citing robust credit growth and favorable asset quality, and believe it has a promising future as a great compounding story
BUSINESS
Strong earnings to drive large private lenders ahead of PSU banks: Morgan Stanley's Sumeet Kariwala
Kariwala added that the Indian banking sector is in early stages of a strong upcycle, supported by normalisation of credit costs, steady loan growth, and expected healthy earnings
BUSINESS
Life insurance stocks firm as brokerages expect companies to digest new surrender value norms
rokerages expect the new SV norms to initially reduce insurance company margins but believe they will eventually adapt
BUSINESS
Analyst call tracker | Shriram Finance emerges as top pick in May, beats ICICI, Axis Bank
According to Moneycontrol's analyst call tracker in May, 36 brokerages gave 'buy' recommendations for this NBFC, making it the Street's top choice.
BUSINESS
RBI's June policy decision to be a non-event for markets; all eyes on inflation, GDP forecast
Analysts expect the central bank to maintain status quo for the eighth consecutive time, keeping interest rates unchanged at 6.5 percent, making the policy decision a non-event for the markets
BUSINESS
PSU Banks: Does the new election verdict derail the party for good?
Market experts expect PSU stocks, including banks, to consolidate till there is clarity on the government’s policies in light of the reduced majority
BUSINESS
Market fall a short-term disappointment, stable govt key to recovery, says Feroze Azeez of Anand Rathi
Azeez pointed out that a stable government formation will help Nifty outperform earnings growth going forward.
BUSINESS
Markets may see wild upswings amid final vote tally, but policy continuity is the focus: A Bala
While market upswings are expected to continue, A Balasubramanian stated that participants would primarily focus on policy continuity, strong fundamentals, and stable inflation print.
BUSINESS
Invest fearlessly even if markets are at record highs, but think long-term: Madhu Kela
Kela described this period as 'Amrit Kal' for investors and said that everything would fall in place if investors are structurally positioned on Indian equities.
BUSINESS
BJP win to spark manufacturing, realty, infra rally; IT, consumption may falter: Analysts
Analysts anticipate that sectors related to capex, such as manufacturing, infrastructure, real estate, and industrials, will outperform once the ruling government retains power on June 4
BUSINESS
LIC maintains lead in Indian insurance market, eyes rural expansion
With an eye on expansion, the management outlined plans to penetrate Tier-2, Tier-3, and rural areas, and to fortify its position against private competitors
BUSINESS
LIC stock can rally up to 20% after Sebi's 3-year extension to achieve 10% public shareholding: Analysts
Earlier this month, LIC received a three-year extension from Sebi to comply with minimum public shareholding norms
BUSINESS
Markets flat after record high move, but analysts expect Nifty to clinch 24,000 soon
Though analysts expressed concerns of overbought market conditions, they expect Nifty to soon hit 24,000, supported by rally in largecap stocks
BUSINESS
Here's why this smallcap AC stock hit 20% upper circuit
The company posted profit of Rs 48 crore in Q4FY24 as against loss of Rs 1 crore in Q4FY23.
BUSINESS
Goldman Sachs, Microsoft, others push Dow to 40,000 mark
The Dow took nearly 3.5 years to climb from the 30,000 to the 40,000 mark, on the back of positive US macro-economic data and rising hope of interest rate cuts.
BUSINESS
Dow Jones hits 40,000-milestone; a look back for each 10,000 points move up
This ascent was driven by recovering investor sentiment from the pandemic, rising corporate profits, cooling inflation, and increased speculation about interest rate cuts.
BUSINESS
Brokerages trim Berger Paints target price post Q4 miss, see gloomy growth outlook
Analysts were concerned about the delay in demand recovery, increased competition, and weak management guidance, which could negatively affect the stock's prospects in the near-term
BUSINESS
LIC Housing's mixed Q4 leaves brokerages on edge; analysts await loan growth outlook
Though the company saw asset quality improvement and margin expansion in Q4, analysts keenly await management's guidance on loan growth in the upcoming quarters
BUSINESS
ICICI Bank emerges the Street's top pick in April, beating peers HDFC Bank, Kotak Bank
ICICI Bank has bagged around 48 'buy' calls from brokerages, and only 3 'hold' calls in April, thanks to its strong quarterly performance.
BUSINESS
Bank of Baroda's steady Q4 show keeps brokerages positive, see valuations attractive for re-rating
With both profit and net interest income growing 2.3 percent in Q4, analysts view the PSU lender stock's valuations as attractive for potential re-rating
BUSINESS
Brokerages cheer SBI's all-round Q4 show amid lower staff costs, but rich valuations to restrict re-rating
SBI's Q4 wage revision stood at Rs 670 crore, significantly lower than the management's guidance of Rs 5,400 crore
BUSINESS
SBI says no plan to list asset management company despite attractive peer valuations
Chairman Khara said that he remains conscious of valuations grabbed by Nippon AMC and HDFC AMC and has no plans to list its asset management arm
BUSINESS
SBI aims to maintain margins above 3.4% amid stable cost of deposits: Chairman Khara
The public-sector lender's NIMs stood at 3.47 percent in Q4FY24, down 37 bps from 3.84 percent in Q4FY23
