Where do the sharpest minds on Wall Street believe the market is headed? The CNBC Pro Market Strategist Survey is a roundup of year-end targets for the S&P 500. The CNBC Pro exclusive Market Strategist Survey is a roundup of year-end targets for the S&P 500 from top Wall Street strategists, updated quarterly, or whenever…
A series of recent measures by the government and the Reserve Bank of India (RBI) could pave the way for substantial foreign exchange inflows into India, with brokerages and economists estimating potential inflows of $40-50 billion over the coming months. Analysts believe the steps announced on June 5 could strengthen the rupee, support bond markets,…
Lupin Ltd has entered into a strategic collaboration with Spanish pharmaceutical company LABORATORIOS ERN S.A. for the launch of Luforbec (beclometasone/formoterol) in Spain, marking another step in the Indian drugmaker’s efforts to expand its respiratory portfolio across key international markets. The therapy, delivered through a pressurised metered dose inhaler (pMDI), is indicated for the treatment…
SEBI Chairman Tuhin Kanta Pandey said the regulator is working with the Reserve Bank of India (Reserve Bank of India) to introduce derivatives linked to corporate bond indices, in a move aimed at deepening India’s debt market and improving liquidity in fixed-income instruments. Speaking at the ICICI Securities India Investor Conference 2026, Pandey said capital…
Hyderabad-based premium-quality coffee producer CCL Products remains optimistic about its growth prospects for FY27, with the company maintaining guidance of around 15% growth in both volumes and earnings despite volatility in global commodity markets. Praveen Jaipuriar, CEO of CCL Products India, “What we are guiding the market is that we will keep the volume growth…
Energy prices are likely to remain elevated for an extended period due to ongoing supply disruptions and low global inventories, according to Maulik Patel, Head of Research and Oil & Gas Expert at Equirus. Patel said oil prices may not fall below $80-$85 per barrel even if a peace agreement is reached soon, as production…
Ceigall India expects revenue to grow by at least 15% in the financial year 2026-27 (FY27), supported by a strong execution pipeline and a record order book, Chairman and Managing Director Ramneek Sehgal said in an interview with CNBC-TV18. He added that the company’s existing projects provide revenue visibility for the next three to four…
Indian equity benchmarks ended sharply lower on Monday, extending their losing streak to a second consecutive session as broad-based selling pressure pushed both the Sensex and Nifty to their lowest levels in nearly two months. The Sensex fell 719 points to close at 73,524, while the Nifty declined 244 points to settle at 23,123, slipping…
JNK India Ltd has secured a large order from CC7 Emirates Engineering Solutions L.L.C., UAE, for the TA’ZIZ Salt Project being developed for ADNOC in Abu Dhabi, the company said in an exchange filing on Monday. The order, classified as a “large” project by the company, is valued in the range of ₹100 crore to…
A lot has happened with Tata Group over the last 12 to 18 months, but this year in particular has been a forgettable one for a lot of the group companies. However, the bigger headline is that Tata Consultancy Services (TCS), the most valuable IT services company in the country, and the biggest in the…
