Ritholtz Wealth Management highlights Merck (MRK), Archer-Daniels-Midland (ADM), and State Street (STT) as strong stocks in underperforming sectors. (This is The Best Stocks in the Market, brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.)Josh — As of Friday’s close, approximately 68% of S&P 500 components were trading above their own…
The decline comes after two operational creditors filed insolvency petitions against the company’s wholly owned subsidiary, Ola Electric Technologies Pvt. Ltd., before the Bengaluru bench of the National Company Law Tribunal (NCLT). 1 Min Read Shares of Ola Electric Mobility Ltd. extended their losing streak for a third consecutive session on Tuesday, slipping another 1%…
India’s defence stocks have rallied sharply over the past few years, pushing sector valuations well above historical averages. But Harshit Patel, Director at Equirus Securities, believes Hindustan Aeronautics Limited (HAL) still stands out as the best investment opportunity, backed by a strong earnings outlook over the next few years. Patel said that while defence valuations…
Nearly 95% of publicly listed companies in India that operate consumer-facing online transaction platforms use “dark patterns”, according to a study by community platform LocalCircles, which has urged the Securities and Exchange Board of India (SEBI) to require listed companies to submit a “dark pattern-free” self-declaration as part of their governance disclosures. Dark patterns are…
The prices of precious metals such as gold and silver have seen a sharp dip in recent months. From an all-time high of just over $5,600 in January, gold has now eased to around $4,000 an ounce. The decline is linked to dashed hopes of an interest rate cut by the Federal Reserve, a fall…
Brokerage firm Emkay Global Financial Services has cut down its exposure to largecap private banks and PSU banks to zero. In a note dated July 6 and authored by Seshadri Sen and his team of analysts, Emkay explains that they have gone “underweight” on the financial theme and have cut their exposure to the entire…
Shares of Indian Hotels Company Ltd. (IHCL) rose on Tuesday, July 7, after the Tata Group hospitality company said it signed 20 new hotel deals and opened 11 properties during the first quarter of FY27, bringing its total portfolio to 645 hotels. In an exchange filing, the company said its portfolio stood at 645 hotels…
India’s general insurance industry reported a 14% year-on-year increase in gross direct premium income for June, with standalone health insurers continuing to outpace the broader market, according to provisional industry data. Among listed general insurers, ICICI Lombard General Insurance reported premium growth broadly in line with the industry at 14%. State-owned New India Assurance posted…
Shares of Eternal Ltd. gained on Monday, July 7, as brokerage firm Motilal Oswal’s price target on the stock was higher than its recent record high, indicating further upside for the stock. Motilal Oswal maintained its “buy” rating on Eternal with a price target of ₹380, which implies an upside potential of 34% for the…
KP Green Engineering Ltd. has secured fresh orders worth ₹239.61 crore, including taxes, from multiple clients across its diversified business segments, the company said in an exchange filing on Tuesday. The order book is led by the renewable energy segment, with ₹116.07 crore worth of contracts for solar projects. These include fixed-tilt module mounting structures,…
