May 04, 2024, 01:28:39 PM IST With the March quarter earnings season in full swing, brokerages are actively monitoring quarterly performance of companies. During the week, at least 5 stocks earned downgrades while Trent got an upgrade. Here’s the full list: ANI Coforge was downgraded by the global brokerage firm Jefferies as well as InCred. …
A few days after National Stock Exchange’s managing director (MD) and CEO Ashishkumar Chauhan’s deep fake video wherein he is seen recommending stock went viral, BSE’s MD and CEO Sundararaman Ramamurthy’s video is also doing rounds on the social media. Mr Ramamurthy has clarified that he does not initiate or endorse any such communication via social …
Stock exchanges will be conducting a special live trading session on January 20 (Saturday), in a move to switch over to the Disaster Recovery (DR) site. This aligns with the framework for the Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock exchanges and depositories, outlined by the Securities and Exchange Board of …
Indian IT giant Infosys has announced that a global company has decided to terminate a multi-year contract worth 1.5 billion with it. The company revealed the same in a corporate filing on stock exchange, BSE. What Infosys statement to BSE saysIn a BSE filing on December 23, Infosys said that the global a company has …
As bulls continue their run on Dalal Street, retail investors have more reasons to cheer than one. Sceptics may say that the music may stop anytime, but the optimists argue that it is hard to stop dancing when the music is still on. Both benchmark indices have hit their lifetime highs in quick succession on numerous occasions in …
Direct-to-home (DTH) operator Dish TV India has approved the appointment of Sunil Khanna as an independent director and Ravi Bhushan Puri as executive director. The company said the approval of the shareholders will be sought in terms of applicable regulatory provisions. It added that the appointment will be valid from the effective date until September …
IIFL Samasta Finance, a non-banking microfinance company (NBFC-MFI) in India, will raise funds amounting to ₹1,000 crore through its inaugural public offering of secured bonds. The objective behind this fundraising initiative is to support business expansion and bolster capital resources. These bonds present an interest rate of up to 10.50% and assure a high level …
Nifty on Thursday ended around 36 points to form a small green candle with a long lower shadow on the daily charts while trying to cross the immediate resistance at 20,115 levels on the monthly expiry day. The short-term trend of Nifty continues to be positive. Having moved above the crucial hurdles recently, the market …
Brokerage firm Investec has a buy rating on BSE Ltd. Emkay upgraded LIC to buy, and CLSA maintained a buy on Ashok Leyland and on Eicher Motors. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on BSE: Buy| Target Rs 2345Investec maintained a buy rating on …
The Indian market closed in the red on Monday for the fourth consecutive day. The benchmark indices fell by more than 1% each, tracking muted global cues. The S&P BSE Sensex plunged over 800 points, while the Nifty50 closed below the 19,300 mark. Indian markets were shut on Tuesday on account of a public holiday. …