Citigroup Inc. and Societe Generale SA have downgraded India, while foreigners have sold a net $3.8 billion of local shares so far this year, the highest in emerging Asia outside of China
Posts in category Business Standard
Bias for Nifty PSU Bank turns negative, can dip up to 5% (20-02-2024)
On the upside, the PSU Bank index is likely to face resistance around 7,280 to 7,350, says Ravi Nathani, an independent technical analyst.
Strong Q3 performance stokes more upgrades than downgrades, shows data (19-02-2024)
Analysts raised 2023-24 (FY24) earnings estimates for 49 per cent of 162 companies
Nifty hits record high after 5 days of gains; Sensex ends 282 pts higher (19-02-2024)
Sensex still 620 points shy of a new record; India mcap nears Rs 400 trillion
Crude oil steadies as demand jitters counter conflict in West Asia (19-02-2024)
The March contract for U.S. West Texas Intermediate (WTI) crude, which expires on Tuesday, was up 7 cents at $79.26 in tepid trade while the WTI April contract slipped 13 cents to $78.33
Whirlpool set to sell 24% of India stake for up to $451 mn via market deals (19-02-2024)
Goldman Sachs is advising Whirlpool on the deal, the term sheet showed. Goldman and Whirlpool did not immediately respond to requests for comment
Swarna Tollway Pvt standalone net profit rises 5.19% in the December 2023 quarter (19-02-2024)
Sales rise 0.95% to Rs 82.75 crore
Edel Finance Co reports standalone net profit of Rs 32.59 crore in the December 2023 quarter (19-02-2024)
Sales rise 618.04% to Rs 127.38 crore
Jana Holdings reports standalone net profit of Rs 781.44 crore in the December 2023 quarter (19-02-2024)
Sales rise 300.00% to Rs 0.04 crore
Goldman raises global equities to ‘overweight’ on economic growth prospects (19-02-2024)
“We expect growth to become a more important driver of risk appetite and equity/bond correlations should be more negative this year,” Goldman said in a note dated Feb 16