Latest Updates Around The World
Goldman Sachs has turned bullish on Indian banking stocks, saying easing financial conditions, low earnings expectations, improving profitability and attractive valuations are paving the way for a strong recovery. The brokerage expects Nifty Bank to outperform the broader market, with banks and NBFCs offering up to 30% upside from current levels. 1. Easier financial conditions […]
The Indian market reversed early gains to close lower for a second straight session on Tuesday, with a pullback in the financial sector weighing on sentiment. Meanwhile, LG Electronics India, despite not being part of the indices, made a blockbuster debut, with a 50% premium to its issue price, the strongest market debut for a […]
Nifty 50 recovered the 25,000 Mark last week. Technical analysts indicate that market sentiment and the index show signs from gradual movement to 25,500. On the other hand, there are immediate supports between 24,900 and 24,700. Analysts expect that banks, financial data, cars, consumption themes and metals will perform better. Dharmesh Shah Vice President, Head […]
