The Reserve Bank of India (RBI) has announced a special measure to encourage foreign currency inflows, offering to bear the full hedging cost on fresh 3-5 year Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits mobilised by banks until September 30, 2026. Under the scheme, authorised dealer (AD) banks raising fresh FCNR(B) deposits will receive RBI support…
The government has promulgated the Income-Tax (Amendment) ordinance, 2026, targeted at tax exemptions aimed at increasing foreign investments in Indian Government securities. Key Highlights Of The Ordinance The Ordinance amends Schedule IV of the Income-tax Act, 2025, by inserting two new categories, 13D and 13E, that provide tax relief on specific financial instruments. Under these…
HDFC Asset Management Share Price: HDFC Asset Management Company’s stock rose over 1 per cent on Friday (June 5), after HDFC Mutual Fund announced temporary restrictions on large investments in its Gold ETF and Gold ETF Fund of Funds (FoF). HDFC Asset Management Share Price As of 9:45 am, the share price of the BSE…
The stock market saw notable moves today as several stocks emerged as top gainers and losers. Leading the gainers were companies that posted positive developments or benefited from sectoral momentum. These stocks recorded significant price appreciation, supported by higher trading volumes and positive investor sentiment.Meanwhile, the losers list featured stocks that came under pressure due…
Adani Ports and Special Economic Zone share price rose over 1 per cent after Goldman Sachs maintained its bullish stance on the stock, highlighting strong cargo volume momentum and multiple growth drivers. The brokerage has reiterated its ‘Buy’ rating with a target price of Rs 1,870. The company’ share price hit an intraday high of…
Stock Market Live Updates: In the previous trading session, Titan Company Ltd surged to a closing price of 4231, marking a strong gain of 3.48%. Eternal Ltd advanced to 254.35, up 2.98%, while Coal India Ltd rose to 481.65, gaining 1.98%. Cipla Ltd increased to 1398.7, up 1.71%, and Adani Enterprises Ltd closed at 2972.8,…
Top stocks to BUY, SELL or HOLD Today: Brokerage recommendations are set to keep several stocks in focus in today’s trading session (June 5), with analysts outlining a mix of buy, hold and neutral calls for both near-term trading opportunities and longer-term 2026 targets. Stocks including Titan Company, Adani Ports, Ambuja Cements, HDFC Asset Management,…
India’s largest passenger car manufacturer Maruti Suzuki India Ltd. has received a bullish recommendation from brokerage firm JPMorgan in its latest note on Friday, June 5. The brokerage has an “overweight” rating on the stock with a price target of ₹16,415 apiece, indicating an upside potential of 25.5% from its previous closing price. However, there…
Ambuja Cements Share Price Target: Adani Group’s flagship company, Ambuja Cements, will be in focus next week as the company turns ex-dividend. Ahead of this, brokerage firm Motilal Oswal (MOSL) sees the cement company as a good pick. Ambuja Cements Outlook Additionally, MOSL highlights a strong long-term outlook for Ambuja Cements, driven by the Adani…
Titan share price in focus: Brokerages stay bullish on Tata group stock amid rising market share, see up to 27% upside — Check target prices Source link
