As preparations for the Union Budget 2026-2027 gather pace, the ongoing work signals a clear policy intent to accelerate domestic demand, revive private investment and generate employment, a budget note from Motilal Oswal Financial Services (MOFSL) said. The brokerage has identified five stocks in the auto, agriculture, defense, financial services and infrastructure themes that it […]
Shares of TVS Motor Company are likely to be in focus on Friday after the carmaker announced the sale of its stake in bike taxi aggregator Rapido for Rs 287.93 crore, marking a strategic exit from the venture it first partnered with in 2022.In an exchange filing on Thursday, the two-wheeler and three-wheeler maker said […]
Venkatesh Balasubramaniam of JM Financial shared a comprehensive view of the Indian equity markets and highlighted the challenges and opportunities in the current environment. He highlighted that markets are trading at high valuations, with aggregate indices trading at nearly 23 to 24 times forward one-year earnings – roughly one standard deviation above the average. While […]