Morgan Stanley anticipates a stock picker’s market emerging in India, with a potential shift in fundamentals that has yet to be fully reflected in valuations Global brokerage firm Morgan Stanley views Indian stocks with an attractive lens, expecting it to to recover lost ground against its peer group through the rest of 2025. The firm sees a…
This year India will be celebrating the International Women’s Day as a National Event with the theme ‘Viksit Bharat with Nari Shakti’, thereby highlighting the significance and role of women in India’s development. “The government will celebrate International Women’s Day on March 8 as a national event on the theme of Developed India with Nari…
There is ‘meaningful upside’ in Indian equities amid ‘less demanding’ valuations, Citi said in a note. Citi upgrades India to ‘Overweight,’ sees Nifty hitting 26,000 by year-end Citi has upgraded India to ‘Overweight’ from ‘Neutral’ in its latest research report, citing attractive valuations, improving consumption trends amid tax cuts and potential 50 bps rate cut.…
Domestic brokerage firms Kotak Institutional Equities do not find much value in most parts of the market despite the recent sharp correction in the market. Domestic equity markets have been witnessing relentless sell-off with benchmark indices falling nearly 12 per cent from their 52-week highs, while the broader markets indices- BSE midcap index and…
New trade penalties against Canada, Mexico and China that President Donald Trump plans to impose Saturday represent an aggressive early move against America’s three largest trading partners, but at the risk of higher inflation and possible disruptions to the global economy. In Trump’s view, the 25 per cent tariffs against the two North American allies…
After a punishing few months, India’s benchmark NSE Nifty 50 index is poised for a relief rally in February, based on the changes in investors’ positioning in the derivatives markets, brokerages said. The Nifty has tumbled 11.3 per cent over the last four monthly derivatives series, each of which spans between the last Thursdays of…
The electronics manufacturing business from Tata Group, Tata Electronics today announced the acquisition of a controlling 60 per cent stake in Pegatron Technology India Private Limited (“PTI”). The financial details of the deal were not available, but this will allow the company to expand its local iPhone manufacturing. This follows Tata Electronics’ acquisition of Wistron’s…
ICICI Bank Q3 preview: ICICI Bank share price has tumbled 4 per cent since the announcement of Axis Bank’s December quarter results on January 16 as investors feared that higher delinquencies in unsecured retail segment, seen in the latter’s results, may be seen in ICICI Bank’s Q3 results as well. Analysts, however, expect ICICI Bank…
Shares of midcap information technology (IT) companies like Coforge, Cigniti Technologies, Persistent Systems, and Zensar Technologies rallied up to 11 per cent on the stock exchanges today. The rally in midcap IT stocks today came after the pack reported a good set of numbers for the quarter ended December 2024 (Q3FY25) At 09:37 AM, BSE…
Budget 2025: Bajaj Broking has recommended three stocks to buy for 21-24 per cent potential gains over the next 12 months. They are Apeejay Surrendra Park Hotels Ltd (Park Hotel), DCX Systems Ltd and Ion Exchange (India) Ltd. tree stokes : Bajaj Broking in its pre-Budget note said Union Budget 2025 should ideally continue…