The Fed cutting rates despite citing strong growth will put the focus back on inflation. The US bonds are quite volatile. Yields are likely to spike again on growth expectations and deficit concerns
Posts in category All News
Buy ABB India, target price Rs 8,500: Motilal Oswal Financial Services (08-11-2024)
Motilal Oswal maintains a buy call for ABB India, setting a target price of Rs 8,500. The brokerage projects strong revenue growth and robust profit margins for the company in the coming years. This translates to a projected compounded annual growth rate of 27% in profit after tax from 2023 to 2026.
M&M shares in focus after Q2 PAT beats estimates. Should you buy, sell, or hold? (08-11-2024)
Mahindra & Mahindra (M&M) reported a 13% YoY growth in standalone net profit for Q2FY25, reaching Rs 3,841 crore, surpassing street estimates of Rs 3,581 crore. Revenue grew 12% YoY to Rs 28,919 crore, while EBITDA stood at Rs 5,270 crore with 18.2% margins. The auto segment achieved record quarterly volumes, including 1.36 lakh units of UV sales.
Oil prices fall as Hurricane Rafael expected to start weakening (08-11-2024)
Brent crude oil futures fell 26 cents, or 0.3 Percent , to $75.37 per barrel by 0209 GMT. U.S. West Texas Intermediate (WTI) crude gained 35 cents or 0.5 Percent to $72.01. The benchmarks fell after rising nearly 1 Percent on Thursday.
Hot stocks: Brokerage view on Indian Hotels, Cummins, Trent and TCS (08-11-2024)
Investec has maintained a hold rating on Indian Hotels, raising the target price to Rs 742 from Rs 630. The company’s strong performance was driven by healthy ARR growth. With expanding horizons and structural tailwinds, Investec expects margins to remain at 32%/32.5% for FY26/27, with PAT growing at a CAGR of 24% over FY24-27.
ETMarkets PMS Talk | Arihant Vardia on Global Equity Exposure: Why Indian HNIs should hold at least 10% in USD (08-11-2024)
Since launch the BSE 500 has delivered a good 31% compounded returns. We have given double that of the market with a staggering 62% compounded since launch.
At multi-year highs: These 4 stocks witness 5-year swing high breakout (08-11-2024)
Five stocks with a market cap over Rs 10,000 crore hit 5-year swing highs on November 7, signaling bullish momentum, including JSW Holdings, Apollo Hospitals, and Welspun Corp.
Vedanta Q2 preview: Here’s what to expect from mining major in Sept quarter (08-11-2024)
The September quarter results of Anil Agarwal-backed Vedanta are anticipated to be impacted by a mix of macroeconomic factors and segment-specific performance, according to domestic brokerages