Amid the sharp selloff triggered by US and Israeli missile strikes on Iran, global brokerage firm Jefferies has struck a cautiously optimistic tone, suggesting the revival in the Middle East could be short-lived. The brokerage draws parallels with recent regional conflicts that quickly faded and sees a potential buying opportunity emerging from the panic.However, it […]
According to Motilal Oswal, Indian markets appear poised for better performance in CY26, especially after the sharp underperformance of around 26% in USD versus MSCI EM in CY25. The brokerage believes that the earnings environment is stabilizing and macro conditions are turning supportive following a series of monetary and fiscal measures by the RBI and […]
Indian shares recovered on Thursday after falling more than 2% in the past three trading sessions. Analysts expect markets to follow global signals, macro indicators and continued quarterly earnings. Key companies announcing results on Friday include JSW Steel, Shriram Finance, BPCL, Godrej Consumer, Cipla, MCX and Piramal Finance.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) […]
Markets remained volatile and closed lower on Wednesday, continuing the cautious sentiment. Analysts say the recent decline, after Friday’s RBI-driven rally, has weakened short-term sentiment and now see 25,650 as the next critical support.“A decisive break below this level could further widen the consolidation margin, with the next major support at the 25,400 level. On […]
The markets witnessed a volatile session on the weekly expiration day but ultimately ended in the green, extending Monday’s recovery. Technically, analysts say the Nifty has regained its short-term moving average, the 20-DEMA, around 25,600. Staying above this level could open the door for a move towards 25,800-26,000, while any weakness below could lead to […]
Pharma giant Cipla on Thursday reported 4% year-on-year (year-on-year) growth in its consolidated net profit at Rs 1,351 crore, while revenue from operations rose 8% year-on-year to Rs 7,589 crore. Second quarter EBITDA improved by a marginal 0.5% year-on-year to Rs 1,895 crore. The margins were 25%. Segment-wise, the Indian business generated Rs 3,146 crore, […]
“Now, if we enter the August Series-fall week, 25,000-25,200 will probably act as a large storage zone. On the other hand, if we are able to preserve more than 24,800, some consolidation can take place at the current levels at the current levels. So, Nifty,” says Rajesh, “says” says “says” “says” “says” “says” “says” “says” […]
Cipla shares rose by 6% during the last two trading sessions to touch a highlight of RS 1,575 on the BSE on Monday, powered by strong Q1FY26 income and a wave of bullish comments from brokerage houses. After the results, various brokerage companies have revised their target price for the share, with estimates that are […]