Brokerage House

HDFC Securities clarified that the decision to pause partnerships was initiated earlier this year as a strategic step to streamline operations and enhance service quality, and not due to compliance issues.

Goldman Sach starts coverage on Eicher Motors, Ashok Leyland

Goldman Sach has initiated coverage on Eicher Motors and Ashok Leyland

What is wrong with brokerage stocks?

Many brokerage houses have added fewer clients and seen moderate participation by existing clients. In the last year, shares of ICICI Securities have lost 29%, 5 Paisa 22%, IIFL Securities 37%, Geojit Financial Services 37%, Emkay Global 28%, Motilal Oswal Securities 23% and Edelweiss Financial 11%

Buy, sell, hold: 12 stocks & 2 sectors on analysts' radar as market at record high

ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.

Navneet Education soars 14% after Motilal Oswal initiates coverage on scrip

Motilal Oswal initiated coverage with a buy call and a target price of Rs 210 on the stock. The brokerage house believes that it is well poised to gain market share in the growing CBSE market. Change of syllabus provides strong growth triggers over two years.

What‘s making CLSA initiate coverage on L&T Tech with buy call?

Strong client base, niche focus could help the company post better earnings, feels CLSA. It expects L&T Tech to clock revenues of USD 1 billion in five years and is upbeat on the company‘s long-term prospects.

Sensex yr-end target 33K; Fed liftoff not a worry: Deutsche

Deutsche Equities sees the ongoing tactical correction as a healthy consolidation & investors, who had been on the sidelines may use this opportunity to realign portfolios. Deutsche maintained its year-end Sensex target of 33,000.

ABMoney upgrades Yes Bank to 'Buy'; target Rs 602

Brokerage house Aditya Birla Money is bullish on Yes Bank and has upgraded rating of the stock from 'Accumulate' to 'Buy' citing the bank to be the biggest beneficiary of an easing interest rate cycle. The broking firm has also raised target price to Rs 602 apiece from Rs 569 earlier.

Erroneous orders from broker led to freak trade: NSE

Ravi Varanasi, Senior VP of NSE clarifies that it was not due to any technical glitch. Erroneous orders placed by the broker had resulted in the problem. He further informed that the NSE has disabled the member and the rest of the system has functioned normally.