Posts in category Economic Times
Share price of Crompton Greaves rises as Nifty weakens (12-04-2024)
A total of 149,725 shares changed hands on the counter till 11:11AM (IST).
Goldman picks 2 pharma stocks, screams sells on Laurus Labs (12-04-2024)
Goldman Sachs' ratings triggered price movements, with Syngene and Neuland rising but Laurus falling. Syngene is set to benefit from China+1, while Neuland sees growth opportunities in APIs and chemistry solutions. In contrast, Laurus faces challenges in its business transition and growth prospects.
Share market update: Most active stocks of the day in terms of total traded value (12-04-2024)
The NSE Nifty index was trading 92.0 points down at 22661.8
Expect first Fed rate cut in July: Steve Englander, StanChart (12-04-2024)
Steve Englander predicts Fed rate cuts reduced to twice in 2019, with first cut likely in July. Market uncertainty prevails due to inflation concerns, affecting risk trade performance amid slow rate cut expectations. Englander says: "If you were to tell the market right now, cutting rates is out of the picture, we would see the risk trade a lot more poorly than it has so far."
JM Financial initiates coverage on newly-listed Bharti Hexacom, signals 38% upside (12-04-2024)
JM Financial projects significant growth for Bharti Hexacom Ltd (BHL) with a buy recommendation, aiming for a target of Rs 790. BHL's strong presence in high growth markets and focus on wireless ARPU growth make it a promising investment.
Stock market update: Mining stocks down as market falls (12-04-2024)
The 30-share BSE Sensex was down 353.79 points at 74684.36
Stocks to buy today: 9 short-term trading ideas by experts for 12 April 2024 (12-04-2024)
India VIX, a measure of volatility in Nifty, was reported at 11.36, up 2.29% over Wednesday's closing. Indian equity markets were closed on Thursday on account of Eid-Ul-Fitr (Ramzan Id).
Q4 Results Today: What to expect from TCS earnings? (12-04-2024)
TCS anticipates sequential growth in Q4 driven by BFSI and manufacturing sectors. Operating margin estimates 25.2-27.2%. Key focus on FY25 outlook, Hi-Tech, telecommunications, US, Europe, and Accenture Plc. Investor interest in Dalal Street.
Vedanta shares rise 1.05 per cent in Friday’s trading session (12-04-2024)
The Relative Strength Index of the stock stood at 84.7 on Friday.
Hot Stocks: Brokerages on Entero, CreditAccess, Bharti Hexacom, Interglobe and PVR (12-04-2024)
Brokerages initiate coverage and recommendations on Entero Healthcare, CreditAccess, Bharti Hexacom. Indigo Aviation downgraded by Axis Capital and Investec. CLSA retains buy on PVR Inox, emphasizing multiplexes as popular outdoor entertainment with growth plans in South India.