Dozens of stocks added to FTSE indexes post-rebalancing exercise (20-09-2024)
Kotak Mahindra Bank, ICICI Bank, and Tata Technologies saw changes in their weightage in the FTSE All-World Index, which rose 1.8, 3.8, and 5.1 per cent, respectively
India to get $1 billion passive flows on FTSE rejig (20-09-2024)
India to receive $1 billion equity inflows from FTSE rebalancing, impacting ICICI Bank, Kotak Mahindra Bank, and more
FedEx slumps 15% amid weak demand for pricey priority deliveries (20-09-2024)
Shares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal first-quarter results, in what analysts attributed to a combination of broader economic concerns and an unfavorable shift in the company’s sales from higher-priced deliveries.
Adani Energy Solutions shares could deliver multibagger returns from current levels (20-09-2024)
Cantor initiates coverage on the company with a bullish “Overweight” rating and a price target of Rs 2,251, suggesting a potential 129% upside by FY26. They project a 20% CAGR revenue growth and a 28.8% CAGR adjusted EBITDA growth for the company from FY24 to FY27E.