Posts in category Economic Times
ICICI Bank, DLF among top 3 stocks to buy next week: Rupak De, Senior Technical Analyst at LKP Securities (20-04-2024)
The week began with the Nifty facing selling pressure amid concerns about potential delays in rate cuts by the Fed, compounded by tensions between Israel and Iran. This led to a dip in the market that persisted through the first half of Friday.
Mind Over Money: Building unity through wellness; Himanshu Kohli’s visionary ’21 days fitness challenge’ (20-04-2024)
Recognizing the intrinsic link between physical health and professional success, Himanshu initiated the '21 Days Fitness Challenge' at Client Associates—a groundbreaking initiative designed to foster unity, vitality, and excellence among his team.
HDFC Bank Q4 Results LIVE Updates: Strong show likely by India’s biggest private lender (20-04-2024)
These 10 largecaps have the highest dividend yields. Do you own any? (20-04-2024)
Vedanta, IOC, and Tech Mahindra are among the top 10 largecap companies that have offered the highest dividend yield in the last one year.
MPC should be wary of persistent high rates choking revival in pvt investments: Jayanth Varma (20-04-2024)
Varma also expressed "great concern" over a projected slowdown in India's growth this year, adding that the latest flare-up in the Middle East had not changed his argument for a rate cut.
OIS climb hints at rate hike now, crushes hopes of a cut (20-04-2024)
Given the declining trajectory of local inflation - particularly core inflation - it is unlikely that the Reserve Bank of India would turn to rate hikes after maintaining a status quo on rates for more than a year. What the rise in swap rates show more than anything else is heightened risk aversion and the damage done to rate cut expectations by the abrupt ratcheting up of tensions in the Middle East.
Brokerages cut target prices on Infosys after muted guidance (20-04-2024)
Brokerages adjust Infosys' share targets post revenue cut. Stock at ₹1,411.95, target post Q4: ₹1,582.12 (12% upside). Analysts note slow discretionary demand despite sector bottoming out, Infosys' attractive valuation.
Tech stocks’ biggest weekly rout since 2022 roils markets (20-04-2024)
The S&P 500 index closed down 0.9%, dropping for the sixth straight session and the third straight week, leaving it more than 5% below its March 28 closing high. The Nasdaq 100 declined 2.1%, and recorded the deepest weekly drop since November 2022.
Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow (20-04-2024)
Netflix slumped as one of the bigger drags on the benchmark S&P index and Nasdaq after the video streaming company's second-quarter revenue view fell short of analysts' expectations while the company also unexpectedly said it would no longer provide subscriber counts.
Only 39 smallcap stocks rise in double-digits as geopolitical concerns, lofty valuations weigh (20-04-2024)
Moschip Technologies was the top gainer in the smallcap pack with a 35% return, followed by Solara Active Pharma (34%), Dhani Services (27%), and Likhitha Infrastructure (25%).