Latest Updates Around The World
India Inc.’s Earnings Cycle may be approaching an inflection point, with fourth-quarter results expected to point upwards after several quarters of downgrades, said GV Giri, President & Head of Research at IIFL Capital Services.Speaking to ET Now, Giri said the pace of earnings cuts has been steadily slowing over the past few quarters, paving the […]
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 […]
The Indian steel industry is emerging as a rare bright spot in an otherwise subdued global metals landscape. While major global markets remain locked in low growth cycles, domestic steel demand continues to grow steadily, making India the fastest growing steel market in the world. The sector is expected to achieve an estimated 8-10% CAGR […]
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 […]
Benchmark indices Sensex and Nifty traded lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment. Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve.The BSE Sensex traded over 400 points lower to the day’s low of 83,817, […]
Indian benchmark indices closed higher for the second straight session on Monday, supported by broad buying across sectors, with financials, auto and consumer stocks leading the gains. The Nifty settled at 25,867.30, up 173.60 points, or 0.68%, while the BSE Sensex rose 485.35 points, or 0.58%, to end at 84,065.75.Meanwhile, the volatility gauge India VIX […]
Indian benchmark indices closed higher on buying interest in consumer and private banking stocks, although gains were limited by selling pressure in auto, IT and pharmaceutical names. While Nifty ended at 25,693.70, up 50.90 points or 0.20%, the BSE Sensex advanced 266.47 points or 0.32% to 83,580.40.Meanwhile, the volatility gauge India VIX ended at 11.94, […]
Tata Steel’s consolidated net profit rose more than nine times from a year earlier in the December quarter, as a sharp improvement in profitability at its Dutch operation and stable operations in India helped offset higher operating losses in Britain.The country’s second-largest construction material maker posted a consolidated net profit of Rs 2,730 crore for […]
Steel giant Tata Steel reported a 723% increase in its consolidated net profit in the December quarter at Rs 2,689 crore, compared to Rs 327 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The company’s revenue from operations stood at Rs 57,002 crore in […]
