BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a flat opening for the broader index in India amid US markets eking out small uptick and Asian peers edging up
BUSINESS
Realty valuations in line with long-term average, near pre-RERA rollout level: Jefferies
Post the larger correction seen for residential developers we continue to favour Godrej Properties and Macrotech Developers against DLF and Oberoi realty. Godrej Properties, Macrotech Developers and Prestige Estates Projects are already trading at 16-38 percent discount to their price-to-book averages, Jefferies said.
BUSINESS
Gold Prices Today: Yellow metal prices to correct further from current level amid economic concerns, hawkish Fed
Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities expects gold prices to correct further from current level and any pullback in price will use as selling opportunity.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a negative opening for the broader index in India on Monday with all major indices around the world trading in the red and foreign institutions continuing to sell off Indian equities
BUSINESS
Gold Prices Today: Yellow metal likely to consolidate, support at around Rs 55,480
Gold has resistance at Rs 56,000 and support at Rs 55,000. Silver has resistance at Rs 66,200 and support at Rs 63,800, says Nirpendra Yadav of Swastika Investmart
BUSINESS
Zomato up after global brokerages stay positive on stock, 46% upside seen
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India.
BUSINESS
GAIL India edges higher as CLSA retains 'buy' tag, expects over 30% upside
CLSA has upgraded GAIL India's FY24-25 earnings per share (EPS) estimates by 14 percent, factoring in a 40 percent tariff hike proposed by GAIL India.
BUSINESS
TVS Motor in focus as JP Morgan sees 19% upside, raises valuation multiple to 27x
JP Morgan believes that electrification is turning out to be a market share growth opportunity for TVS Motor and has raised the valuation multiple to 27x. The research firm estimates that the company could potentially cross 20 percent market share by the end of the decade.
BUSINESS
Gold Prices Today: Volatility on cards after Fed minutes as investors eye US economic data
According to Manoj Kumar Jain, Prithvi Finmart Commodity Research, gold has support at Rs 55,920-55,660 and resistance at Rs 56,300-56,550 while silver has support at Rs 65,000-64,400 and resistance at Rs 65,950-66,300. He suggests selling gold on rise around Rs 56,250.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India on Thursday despite mixed trend in Asian peer markets and the Wall Street ending in the red
BUSINESS
Gold Prices Today: Strong US dollar, hawkish Fed likely to put pressure on yellow metal, support around Rs 55,600
Day trend in bullion may remain range-bound, with selling pressure at the upper end of the range. Gold has resistance at Rs 56,500 and support at Rs 55,600. Silver has resistance at Rs 66,500 and support at Rs 64,700, said Nirpendra Yadav, Senior Research Analyst at Swastika Investmart.
BUSINESS
Prestige Estates edges higher as Jefferies retains 'buy' tag, predicts 30% upside
Jefferies believes that Prestige's excellent execution track record, including in different geographies, should help the company overcome challenges as it enters a new asset creation cycle.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a negative opening for the broader index in India with a loss of 58 points in step with the bearish market condition in the West and in Asian peers
BUSINESS
Marico stock price edges higher; Citi retains 'buy' call
Marico's volume growth has accelerated in core brands and its foods and digital brands are on track, says Citi, adding there is room for the stock's valuation gap against its peers to narrow
BUSINESS
Gold Prices Today: Precious metals to stay volatile, may witness short covering, bargain buying at lower levels
Manoj Kumar Jain, Prithvi Finmart Commodity Research expects gold and silver prices to remain volatile in today’s session and could show some short coverings and bargain buying at lower levels.
BUSINESS
Airtel tariff hike: Morgan Stanley 'overweight' on stock, Goldman says ‘buy on dips’
The company has expanded its 5G plus network to include all the northeastern states. Investors are advised by Goldman Sachs to buy the stock on dips, with the risk-reward being attractive.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Market is likely to open in the red today as trends in the SGX Nifty indicate a negative opening for the broader index in India with a loss of 12 points amid tepid trading in peer Asian markets and heavy selling of equities by foreign institutions
BUSINESS
Telecom stocks in focus as Jefferies expects revenue growth to moderate without tariff hike
In Q3 FY23, revenue growth for the top three operators in India moderated to 2 percent QoQ and 18 percent YoY, primarily due to limited uptick in average revenue per user (ARPU), Jefferies said.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India with foreign institutions being back on a buying binge and strong US data helping set aside fears of further rate cut by the Federal Reserve
BUSINESS
Ipca Laboratories sinks to 52-week low after Q3 profit dips
Macquarie has an underperform rating on the stock, with the target at Rs 810 a share
BUSINESS
Gold Prices Today: Precious metals to edge lower in near term as investors expect hawkish monetary policy
Manoj Kumar Jain of Prithvi Finmart Commodity Research expects gold and silver prices to remain weak due to the strong dollar and could show further weakness in the upcoming sessions.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens
Stock Market News: In the previous session, the BSE Sensex settled 44 points higher at 61,320, while the Nifty50 gained 20 points to close at 18,036rends in the SGX Nifty indicate a negative opening for the broader index in India.
BUSINESS
Prestige Estates up 6% after global brokerages retain 'buy', see up to 33% upside
The company's consolidated revenue from operations in the nine months ending December 31, 2022 was Rs 5,683.2 crore. Its sales guidance for FY23 is of Rs 12,000 crore
