Nomura on IT Buy Call On Tech Mah In Large-caps Buy Call On Coforge, Birlasoft & eClerx In Midcaps Reduce Call On TCS, WPRO, LTIMindtree, L&T Tech & Mphasis Accenture Cuts FY24 Revenue Growth Guidance Cut To +1-3% Y-Y Guidance Cut On Delayed Decision-Making & Weak Discretionary Spends Retain Cautious Stance As Discretionary Revival Still … Read more
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Jefferies on Bharti Airtel Buy Call, Target Rs 1,300 Focus On Driving A Steady, Organic Increase In ARPU Steady, Organic Increase In ARPU Via Improving Subscriber Mix & Better Monetisation There Is Clear Headroom For Tariff Increases But Timing Of Tariff Hikes Remains Uncertain Higher Tariffs Will Be Key For 5G Monetisation And Improving ROCEs … Read more
ITC: British American Tobacco, the largest public shareholder of the company, has launched a block trade to offload up to a 3.5% stake in the company for over Rs 17,482 crore. * Vedanta:* The Securities Exchange Board of India ordered the company to pay Rs 77.62 crore to Scottish explorer Cairn for delay in payment … Read more
Indian stock market: The domestic benchmark equity indices are expected to open higher on Friday tracking positive global market cues. Asian markets traded mostly higher, while the US stock market indices rallied overnight after the inflation data and comments from the US Federal Reserve officials helped shape expectations for the timing of the central bank’s … Read more
Indian stock market: The domestic equity indices, Nifty 50 and Sensex, are likely to open on a positive note Friday tracking gains in global markets. Asian markets traded higher, while US stocks ended higher overnight after economic data increased investors’ optimism that the US Federal Reserve will begin interest rate cuts in coming months. Catch … Read more
IRCTC Q3 FY24 (Consolidated, YoY) Revenue up 21.81% at Rs 1,118.3 crore vs Rs 918.06 crore (Bloomberg estimate: Rs 1,069.78 crore). Ebitda up 20.92% at Rs 393.97 crore vs Rs 325.8 crore (Bloomberg estimate: Rs 377.03 crore). Margin narrows 25 bps to 35.22% vs 35.48% (Bloomberg estimate: 35.20%). Net profit up 17.4% at Rs 299.99 … Read more
Stock Market Live Updates: Indian equities trade weak on US inflation concerns, Sensex falls over 500 points BusinessLine Source link
Stock Market Live Updates: – The Hindu BusinessLine BusinessLine Source link
Indian stock market: The domestic equity indices are expected to open higher on Monday amid mixed global market cues. While most Asian markets were closed for holiday, US stock market ended mostly higher on Friday led by tech stocks fueled by Investors would watch out for several stock market triggers including the key inflation data … Read more
Indian stock market: Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Friday tracking mixed global market cues, while investors will take cues from the domestic corporate earnings for the December 2023 quarter. Asian markets traded mixed, while the US stock indices ended lower overnight as mixed … Read more