Latest Updates Around The World
Mutual funds have clustered in a handful of big names in 2025, with Axis Bank, Maruti Suzuki, SBI, ICICI Bank and SBI Life among the most overvalued stocks, each trading well above their index weighting. Conversely, several blue chip giants, including Reliance Industries, HDFC Bank, ITC and TCS, are noticeably underserved despite their dominance in […]
Markets started the week on an optimistic note and continued their upward momentum, largely supported by favorable domestic cues. With the Nifty nearing the 26,000-point mark, analysts say some consolidation cannot be ruled out before another breakout. “However, the overall trend remains positive with immediate support around 25,650 and major support around 25,450. We recommend […]
JSW Steel’s consolidated net profit rose more than four times year-on-year in the September quarter, helped by growth in volumes and improvement in profitability. However, the result fell short of analysts’ expectations. The company reported its profit during market hours and its shares closed at Rs 1,166.80 on the BSE, down 0.4% from the previous […]
Nomura has repeated his bullish attitude towards the steel sector of India, with reference to a strong domestic demand and supporting global signals and called JSW Steel and Jindal Steel as top choices. The Brokerage increased its target price on JSW Steel to RS 1,300 from RS 1,220 and on Jindal Steel to RS 1,150 […]
Indian Benchmark Indices Sensex and Nifty closed in the Green on Monday, eliminated by car and metal shares, as optimism about major GST taxing and China’s steel reforms, sentiment supported the expectations of a federal reserve rate that will leave this month. The S&P BSE SENSEX added 76.54 points, or 0.09%, to end at 80,787.30, […]
The Indian stock markets ended the week with a win of 1%, but remained below the most important 25,000 Mark, which made analysts to be called in to weigh underlying trends. Mayuresh Joshi in an interview with ET now emphasized domestic policy measures and global factors. “GST -rationalisatie is zeer positief – het zou moeten […]
A brutal sale in some of the most legendary Bluechip shares in India tore a stunning RS 66,000 crore of the Life Insurance Corporation of India’s (LIC) Huge stock portfolio in July. The market carnage, in which Titans such as Reliance Industries (RIL), TCS, Axis Bank and HCL technologies were seen, suffer to double digits, […]
