Brokerages have issued recommendations for several companies: Emkay upgraded Tata Motors to “buy,” Morgan Stanley and BofA initiated coverage on Brainbees with positive ratings, and Citi maintained a “buy” on Exide, lowering its target price.
Posts in category Economic Times
Traders bet on more easing as Fed opts for half-point rate cut (19-09-2024)
Traders increased their bets on future US interest-rate cuts after the Federal Reserve reduced its benchmark by half a point. The market now expects another 70 basis points of reductions this year, despite officials forecasting only a half-point cut in 2024. Treasury yields rose following the Fed’s decision and remarks by Chair Jerome Powell.
How to read the Fed’s projections like a pro (19-09-2024)
The Federal Reserve is set to announce an interest rate decision and new economic projections. Policymakers have maintained rates between 5.25% and 5.5% since July 2023, but cuts are expected. Investors will closely watch the Fed’s forecasts for insights into future policy changes.
ETMarkets Smart Talk: Mutual Funds drive Indian market higher despite global challenges, says CIO of Reliance General Insurance (19-09-2024)
The market reflects two major factors: sentiment and flows. Sentiment in India has been positive, especially with political uncertainty now behind us. India continues to lead the world in GDP growth.
Positive Breakout: These 8 stocks crossed above their 200 DMAs (19-09-2024)
The 200-day DMA is used as a key indicator by traders to determine the overall trend of a particular stock.
Trump, Harris angle to gain political edge from Fed rate cut (19-09-2024)
The Federal Reserve’s decision to cut interest rates by half a percentage point has stirred the 2024 presidential race. Kamala Harris welcomed the move as beneficial for middle-class families, while Donald Trump suggested it might be politically motivated. The economy and interest rates have become key issues in the election debate.
NALCO among 86 stocks set to trade ex-dividend from tomorrow. Do you own any? (19-09-2024)
National Aluminium Company and 86 other firms are in focus today as they set September 20 as the record date for dividend eligibility. Today is the last opportunity to purchase shares of these companies to qualify for the announced dividends, which are paid to shareholders listed in the company’s records on the record date.
Last day to buy! RITES record date for dividend, bonus share issue tomorrow. (19-09-2024)
A 1:1 bonus share issue means that shareholders will receive one additional share credited to their demat account for each existing share they hold, assuming they meet the eligibility criteria.
Fed cut positive for Asian stocks and risk currencies, analysts say (19-09-2024)
The Federal Reserve’s decision to cut its benchmark interest rate by 50 basis points is expected to positively impact Asian stocks. Analysts believe this move will provide more room for regional central banks to loosen policies, easing monetary pressure and boosting risk assets and high-yield currencies in the region.