The Nikkei 225 has climbed about 32% this year, lagging Korea and Taiwan but offering broader sector diversification. Investors chasing Asia’s artificial intelligence rally may want to look beyond the region’s top-performing stock markets and consider Japan instead, according to Barclays. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction…
Brokerage firms CLSA and UBS reiterated bullish their views on Kotak Mahindra Bank Ltd. following separate management interactions, highlighting the lender’s focus on profitable growth, technology investments, retail expansion and deposit mobilisation. CLSA maintained its “Outperform” rating on the stock with a price target of ₹440, implying an upside of about 15% on Wednesday’s closing…
Ashi Anand, Founder and CEO of IME Capital, said his firm has allocated around 10% of its portfolio to companies connected to global power equipment and infrastructure supply chains serving major international manufacturers. He is also building exposure to the GLP-1 and consumer themes. Anand remains cautious on markets due to geopolitical risks, warning that…
Nvidia boosts dividend 2,400% and launches an $80 billion share buyback, signaling techs shift toward higher payouts as firms like Amazon and chipmakers face pressure to follow. Nvidia’s massive dividend boost could lay the groundwork for other big tech companies to follow suit. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship…
Indian investors should adopt a selective approach to equities as the country’s earnings growth outlook remains weaker than other major Asian markets, according to Manishi Raychaudhuri, Chief Executive Officer of Emmer Capital Partners. Raychaudhuri said India’s corporate earnings growth is likely to remain in single digits in the fiscal year 2026-27 (FY27), marking a third…
Shares of Rajesh Exports Ltd. are down in a lower circuit of 5% on Thursday, June 4, in response to the SEBI order that barred its promoter Rajesh Mehta from accessing the securities market over allegations of financial misappropriation. What Are The SEBI Allegations Against Rajesh Mehta? According to the SEBI order, the regulator found…
Shares of Japan’s SoftBank Group Corp. tumbled more than 11% on Thursday, June 4, tracking a broad sell-off in global technology stocks after overnight weakness on Wall Street triggered profit-booking across the sector. The decline spread across Asian technology names, with Taiwan Semiconductor Manufacturing Co. (TSMC) falling about 1.7%, while Taiwan’s Foxconn dropped more than…
Shares of e-commerce platform Meesho Ltd. extended their losing streak on Thursday, June 4, falling more than 4% and marking their eighth straight session of declines. The stock is seeing its longest losing streak on record. Trading activity remained elevated, with nearly 83 lakh shares changing hands at an average price of ₹170.21 apiece during…
Ceigall India Ltd has entered into a definitive agreement to divest its stake in Ceigall Malout Abohar Sadhuwali Highways Private Limited (CMASH), a road infrastructure asset in Punjab, to Neo Infra Income Opportunity Fund, marking another step in its ongoing asset monetisation programme. The transaction has been formalised through a Share Purchase Agreement (SPA) signed…
Titan Company has laid out an ambitious growth roadmap for its jewellery business, targeting a doubling of revenue by FY30 from FY26 levels, alongside a significant expansion in market share and retail footprint. Speaking at an analyst meet on June 4, the Tata Group company said it aims to grow jewellery business revenue at a…
