Moneycontrol PRO
HomeAuthorShivam shukla News

Shivam Shukla

News Editor

Moneycontrol

Jefferies retains ‘buy’ on ICICI Pru with 17% upside, sets target price at Rs 640

BUSINESS

Jefferies retains ‘buy’ on ICICI Pru with 17% upside, sets target price at Rs 640

Jefferies has given a buy rating on the ICICI Prudential Life Insurance Company Ltd stock with a target price of Rs 640.

HDFC Bank gains as Goldman Sachs reinstates 'buy' call, sees 21% upside

BUSINESS

HDFC Bank gains as Goldman Sachs reinstates 'buy' call, sees 21% upside

HDFC Bank has given a return of 0.50 percent over the last six months against benchmark Nifty Bank gaining 3.02 percent during the period

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) sold shares worth Rs 1,942.62 crore, whereas domestic institutional investors (DII) bought shares worth Rs 1,972.51 crore on June 20, provisional data from the National Stock Exchange shows.

Fed unlikely to resume hikes in July as US payrolls and inflation slow: Jefferies

BUSINESS

Fed unlikely to resume hikes in July as US payrolls and inflation slow: Jefferies

Report also points to chatter about ‘skips’ and ‘pauses’ with regards to interest rate hikes in the financial markets

ITI shares gain 3% on R&D initiative contract with C-DOT and TCIL

BUSINESS

ITI shares gain 3% on R&D initiative contract with C-DOT and TCIL

ITI Limited stock has given a return of 5.12 percent since the start of this year. Thus, outperforming the benchmark Nifty50 index which has given a return 2.24 percent over the same duration.

Tega Industries stock jumps 2% after promoter offloads stake

BUSINESS

Tega Industries stock jumps 2% after promoter offloads stake

Tega Industries Ltd stock has given a return of 55.89 percent over the last six months against Nifty's 2.01 percent over the same duration

Bharat Agri jumps 9% on nod to housing project in Thane

BUSINESS

Bharat Agri jumps 9% on nod to housing project in Thane

Bharat Agri Fert & Realty stock has gained 37.51 percent over the past six months, outperforming the Nifty that has given a return of only 1.76 percent during the period

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) sold shares worth Rs 1,030.90 crore, while domestic institutional investors (DII) offloaded shares worth Rs 365.20 crore on June 19, provisional data from the National Stock Exchange shows.

China credit data shows signs of economic slowdown, says Jefferies

BUSINESS

China credit data shows signs of economic slowdown, says Jefferies

Global investors are looking at other investment alternatives to the Chinese economy according to the Jefferies report.

Five-Star Business Finance highly profitable, has huge business opportunity: Nomura

BUSINESS

Five-Star Business Finance highly profitable, has huge business opportunity: Nomura

Nomura believes that the Five-Star Business Finance Ltd is a highly profitable NBFC which has a potential upside of 25 percent.

Aavas Financiers gains 3% after FPI offloads 7.08 lakh shares

BUSINESS

Aavas Financiers gains 3% after FPI offloads 7.08 lakh shares

Aavas Financiers Ltd stock has lost 30.17 percent of its value over the last six months. Thus, considerably underperforming the benchmark Nifty50 index which has given a return of 2.28 percent over the same duration.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) purchased shares worth Rs 794.78 crore, while domestic institutional investors (DII) bought shares worth Rs 681.33 crore on June 16, provisional data from the National Stock Exchange shows.

HDFC Life jumps 6% on robust management commentary

BUSINESS

HDFC Life jumps 6% on robust management commentary

HDFC Life has given a return of 6.22 percent over the last six months against Nifty's 2.68 percent over the same period

Growth steady, competition intensifying in Indian insurance sector: Nuvama

BUSINESS

Growth steady, competition intensifying in Indian insurance sector: Nuvama

ICICI General Insurance has been given a target price of Rs 1200 by Nuvama. Whereas, Star Health has not been rated by the financial services company.

Rites Ltd jumps 2% on receiving order from National Railways of Zimbabwe for supply of rolling stock

BUSINESS

Rites Ltd jumps 2% on receiving order from National Railways of Zimbabwe for supply of rolling stock

Rites Ltd stock has given a return of 6.96 percent over the last six months. Over the same duration, the benchmark Nifty50 index has given a return of 2.74 percent.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) purchased shares worth Rs 3,085.51 crore, whereas domestic institutional investors (DII) sold shares worth Rs 297.88 crore on June 15, provisional data from the National Stock Exchange shows.

As Apple nears $3 trillion market cap let’s take a look at the top 5 most valuable companies in the world

BUSINESS

As Apple nears $3 trillion market cap let’s take a look at the top 5 most valuable companies in the world

Apple Inc hence is just a shade away to make it to the list of top five nations by GDP globally.

IND Renewable Energy Ltd jumps 5% on board nod to fund-raising plan

BUSINESS

IND Renewable Energy Ltd jumps 5% on board nod to fund-raising plan

IND Renewable Energy board has approved raising Rs 26 crore through a rights issue

Spandana Sphoorty dismisses reports of sale to Yes Bank, calls them 'speculative'

BUSINESS

Spandana Sphoorty dismisses reports of sale to Yes Bank, calls them 'speculative'

Spandana Sphoorty Financial Ltd has given a return of 17.45 percent in the last six months, outperforming the Nifty50 benchmark index by a considerable margin as the benchmark Nifty50 index has given a return of 1.77 percent over the same duration.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) purchased shares worth Rs 1,714.72 crore, whereas domestic institutional investors (DII) offloaded shares worth Rs 654.77 crore on June 14, provisional data from the National Stock Exchange shows.

NBFCs’ FY24 fund costs will rise despite rate pause; SBI Cards the preferred bet: CLSA

BUSINESS

NBFCs’ FY24 fund costs will rise despite rate pause; SBI Cards the preferred bet: CLSA

As per the research report, SBI Cards will be the clear winner of the rate cut cycle. This is because 65 percent of its loans are at floating rates and at short repricing tenures. The asset book is at fixed rates.

Dhampur Sugar Mills jumps 2% on expansion of distillery

BUSINESS

Dhampur Sugar Mills jumps 2% on expansion of distillery

Dhampur Sugar Mills stock has given a return of 22.11 percent over the last six months against Nifty's 0.24 percent over the same period

Vodafone Idea jumps 5% on Rs 14,000-crore infusion plan for revival

BUSINESS

Vodafone Idea jumps 5% on Rs 14,000-crore infusion plan for revival

On a six-month basis, the stock has underperformed the benchmark index considerably. As it has lost 5.20 percent of its value in comparison of a return of 0.75 percent by the benchmark Nifty50 index.

Stock Market Today: Top 10 things to know before the market opens

BUSINESS

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) bought shares worth Rs 1,677.60 crore, whereas domestic institutional investors (DII) sold shares worth Rs 203.32 crore on June 13, provisional data from the National Stock Exchange shows.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347