ITC target price: Global brokerage firm Goldman Sachs has reiterated its ‘Neutral’ rating on ITC Limited with a target price of Rs 330 per share, indicating that the company has little upside potential from the current levels. This is due to a mixed outlook for the company’s core business of cigarettes and margin pressures in…
The brokerage has maintained its Buy rating with a target price of Rs 360. Read Full Article Power Grid Capex Guidance The electric power transmission utility has increased its capex guidance for the financial year 2025-26 to Rs 35,000 crore, up from its earlier estimate of Rs 32,000 crore. The company has also revised its…
In the previous trading session, HCL Technologies Ltd surged, closing at 1358.6 with a change of 1.87%. Power Grid Corporation of India Ltd advanced to 302.1, up 1.51%, while Infosys Ltd edged higher to 1256.8, gaining 0.07%. Oil & Natural Gas Corpn Ltd slipped slightly to 265.45, up 0.02%. Conversely, Shriram Finance Ltd retreated sharply,…
Stocks to Watch Today, March 24: South Indian Bank, Coal India, HDFC Bank, Wipro, Tata Steel and others (Image: ET Now) No stock data available Stocks to Watch Today, March 24: Stocks to watch today include top Indian companies driving market momentum, corporate announcements, and sectoral trends. Key stocks in focus feature banking, energy, IT,…
Sensex Prediction for Tuesday, March 24: Following the bruising session that saw the BSE Sensex shatter key support levels, Dalal Street is bracing for a high-stakes Tuesday. No stock data available Domestic equity benchmark indices witnessed a brutal sell-off on Monday, March 23, declining nearly 3 per cent during the intra-day in tandem with an…
Rupak De remains cautious on markets. (Pic Credit: Youtube/ETNOW) Highlights Nifty lacks strong support below 22,300; volatility may trigger sharp 500-point correction Bank Nifty weak below 52,000; support seen near 48,000 amid bearish sentiment Caution on IT, metals; power sector stable, crude oil shows strongest momentum In an exclusive interaction with ET Now, Rupak De,…
Avinash Gorakshakar Top Picks. (Image: ET Now) Highlights Avinash Gorakshakar recommends Varun Beverages, Indian Hotels, and Yatharth Hospital as top picks with strong growth potential. Consumption, hospitality, and healthcare are key themes driving India’s equity market opportunities. Target prices: Varun Beverages Rs 525-530, Indian Hotels Rs 730-735, Yatharth Hospital Rs 740-750. India’s equity markets continue…
The SEBI Board Meeting on Monday, March 23, saw key decisions aimed at enhancing market efficiency and easing regulatory processes across segments. SEBI allowed greater flexibility to Alternative Investment Funds (AIFs) for scheme winding-up, proposed a net settlement mechanism for Foreign Portfolio Investors (FPIs) during the transition phase and approved measures to simplify operations for…
The Indian stock market extended its decline on Monday (March 23), with benchmark indices, the Sensex and Nifty 50 falling over 2 per cent each. The BSE Sensex, after hitting an intraday low of 72,558.44, ended the session at 72,696.39, down 1836.57 points or 2.46 per cent. The NSE Nifty50 settled at 22,512.65, down 601.85…
Stock Market Closing: The stock market stayed under pressure on Monday, March 23, although losses trimmed somewhat in the afternoon session as bargain buying emerged at lower levels. The BSE Sensex, after hitting an intraday low of 72,558.44, ended the session at 72,696.39, down 1836.57 points or 2.46 per cent. The NSE Nifty50 settled at…
