Latest Updates Around The World
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 […]
The base case assumes the Nifty index with a 12-month target of 27,958. In a bullish scenario, a 20x multiple suggests upside towards 30,497, while a conservative bear case suggests 26,486. The equity markets appear poised for their next phase of expansion after nine months of tight consolidation, with the Nifty trading within a narrow […]
Shares of state-owned defense company Hindustan Aeronautics Ltd (HAL) will be in focus on Friday after the company reported strong third-quarter results.Consolidated net profit increased 30% year on year to Rs. 1,867 crore, while the company announced a first interim dividend of Rs. 35 per share, with February 18 as the record date. Operating revenues […]
Honasa Consumer on Thursday reported a 93% rise in December quarter consolidated net profit at Rs 50 crore, compared to Rs 26 crore posted by the Mamaearth parent in the same period a year ago. The profit after tax (PAT) is attributable to the owners of the company. Operating income from operations stood at Rs […]
If Nifty IT gives a breakdown below the 35,400 level, it could potentially create chaos in the sector, said Rupak De, Senior Technical Analyst at LKP Securities. “On the other hand, if the index remains above 35,400, we can expect a meaningful price recovery in the IT space.”Edited excerpts from a chat: FII shorts in […]
With the Union Budget just a day away, sharp moves in defense stocks and changing sector dynamics are making investors more selective, said market expert Sandip Sabharwal. Speaking to ET Now, Sabharwal emphasized that while the defense theme remains structurally strong, stock selection will be crucial going forward.He said the defense sector has gone through […]
India’s defense spending is unlikely to see a sharp jump as a percentage of GDP in the coming fiscal, but capital expenditure should continue to grow at a steady annual growth rate of 8-10% in the coming years, driven by a strong pipeline of approvals and ongoing procurement, said Amit Anwani, Lead Equity Analyst (Capital […]
Domestic brokerage firm JM Financial has initiated coverage on Adani Power with a ‘Buy’ rating, setting a target price of Rs 178 per share. This implies a potential upside of 22.8% over the current market price of around Rs 145.The brokerage’s optimism stems from the company’s strong execution capabilities, dominant position in thermal energy and […]
Amid rising geopolitical tensions following the US invasion of Venezuela and the arrest of President Nicolas Maduro on drug trafficking charges, the global focus has returned to military strength as the cornerstone of national power, while the episode poses potential risks to market sentiment.In an era when territorial sovereignty, trade interests and energy routes are […]
After a volatile and largely disappointing 2025 for equity investors, seasoned market expert Dipan Mehta, director at Elixir Equities, believes 2026 could mark a meaningful turnaround – driven by an earnings rebound, selective stock selection and a shift towards export-oriented sectors.Speaking to ET Now, Mehta said 2025 looked like a ‘bear market in disguise’ despite […]
