Posts in category Business Standard
Morgan Stanley upgrades India to standout overweight citing earnings growth (20-10-2023)
The Wall Street major Morgan Stanley has upgraded India to "standout overweight" citing that the relative economic and earnings growth is improving and the macro-stability setup looks sufficient to withstand the higher real rate environment.
"India remains standout overweight. We increase our overweight stance on Indian equities and as our most-preferred emerging market," the brokerage said in a note on Friday.
The "dream" run of domestic flows continues and multipolar world dynamics are driving both FDI as well as portfolio flows towards the country, it said.
Not just that domestic equities tops the brokerage's global equity investment score with an overall score of 68.
Singapore though is at the second highest score is a distant 54, Greece at 47, Mexico at 43 and Poland at 38, making the top five markets for the company this year.
India has been structurally outperforming MSCI EM index by 45.5 per cent (in USD terms) from early 2021 until October 2022, and "we expect outperforma
Bitcoin hits two-month high above $30,000 in volatile trading week (20-10-2023)
Bitcoin, the largest cryptocurrency by circulation, climbed as high as $30,022, its highest since July 23. It was last up 4% on the day
Bitcoin hits two-month high above $30,000 in volatile trading week (20-10-2023)
Bitcoin, the largest cryptocurrency by circulation, climbed as high as $30,022, its highest since July 23. It was last up 4% on the day
Markets falls for third straight day; Sensex ends 231 points lower (20-10-2023)
Rising oil prices are considered a negative for Indian equities as India imports more than three-fourths of its oil requirements
Indices fall for 3rd day on rising bond yields; Sensex ends 231 pts lower (20-10-2023)
Rising oil prices are considered a negative for Indian equities as India imports more than three-fourths of its oil requirements
Power, building materials, and IT stocks bear the biggest brunt of FPI (20-10-2023)
During the first fortnight of October, foreign portfolio investors (FPIs) withdrew Rs 2,069 crore from the power sector and around Rs 1,500 crore each from infrastructure and IT
IGL stock slips on Delhi’s EV policy, Jefferies, Morgan Stanley downgrade (20-10-2023)
The slump in the gas distributor's stock rubbed off on peers Mahanagar Gas and Gujarat Gas, while EV-maker Olectra Greentech advanced
City gas distributors under pressure; IGL, MGL stocks tank up to 10% (20-10-2023)
The Delhi government has submitted a policy on electric vehicle (EV) adoption by cab aggregators, delivery service providers and E-comm entities for final approval by the Lieutenant Governor
Gold prices up Rs 260, silver falls by Rs 500; trading at Rs 74,100/kg (20-10-2023)
The price of 22-carat gold was also up by Rs 250, with the yellow metal selling at Rs 55,700.
Stocks to Watch today: HUL, ITC, Zomato, Paytm, UltraTech, Dixon, MphasiS (20-10-2023)
Stocks to watch on Friday: Shares of ITC and Hindustan Unilever will react to Q2 results today; while the former posted 6 per cent growth in net, the latter's consolidated net was down on a YoY basis.