In the race of returns, gold appears to have left the S&P BSE Sensex behind by miles in 2024. The yellow metal has approximately given 13% returns on a year-to-date (YTD) basis as against a 4% gain delivered by India’s heartbeat index. In the 30-stock index, 10 have given returns superior to gold in 2024. …
Advertising deals for this year’s Indian Premier League (IPL) are taking longer to close due to a lack of clarity over its schedule because of the upcoming Lok Sabha elections, industry officials told ET. “Lack of clarity over the IPL schedule due to the clash with Lok Sabha elections has meant that a lot of …
Mumbai: The dynamics of stock leadership on Dalal Street has undergone a change of late with stalwarts of the recent past taking a backseat and giving way to new stars. Gone are the days when bluechip consumer, private financials and information technology (IT) dominated the performance of the Nifty for nearly a decade. Now, the …
Multinational paints maker Asian Paints will announce its December quarter earnings on Wednesday along with 21 other companies. Among other important results that are likely to be tracked closely today include those of LTIMindtree, ICICI Prudential Life Insurance Company and IIFL Finance. On Tuesday, HDFC Bank, Federal Bank and Bank of Maharashtra (BoM) announced their …
Various widely tracked companies like Reliance Industries, Jio Financial Services, HDFC Bank, Asian Paints, LTIMindtree, IndusInd Bank, Polycab India, HUL, UltraTech Cement, ICICI Bank, and Kotak Mahindra Bank will be releasing their December quarter report cards this week. Here’s a list: January 15Jio Financial Services, Angel One, PCBL, Choice, International, Kesoram Industries, Fedbank Financial Services, …
Brokerage firm CLSA downgraded Eicher Motors and Bajaj Auto while Emkay has a buy rating on Bandhan Bank and Macquarie recommends an outperform rating on Asian Paints. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Auto Sector: Downgrade – Eicher Motor, Bajaj Auto and Hero …
Technical indicators suggest a minor oversold condition, potentially leading to a modest rebound this week. However, the overall upward potential appears limited due to the prevailing negative structure with Nifty trading below its 20- and 50-day moving averages, according to technical analysts. Stocks such as Persistent, Axis Bank, TCS, RIL, SBI Cards, Birla Soft, Canara …
HSBC’s buy rating failed to cheer investors as Asian Paints’ stock witnessed some selling pressure in the opening trade on Friday. While Nuvama reiterated a buy stance, the domestic brokerage slashed its price target by more than Rs 500 per share which soured sentiments. Motilal Oswal took a neutral view on the counter citing competition-related …
Brokerage Jefferies has picked over two dozen stocks, including ICICI Bank, Tata Motors and Zomato as part of its India equity strategy, remaining most bullish on the financial stocks followed by consumer staples. One of the world’s leading investment and capital markets firm has cut its weight on the IT, energy and telecom sectors while …