Markets have recently struggled to find direction. Even strong financial names have remained largely flat, reflecting the nervous sentiment across sectors. Garre believes the situation has evolved much faster than many analysts expected at the start of the year. He explained that the present scenario is unusual because multiple narratives are colliding at the same…
In a regulatory filing, the board of directors of the company has approved an interim dividend of 232%, translating to Rs 23.20 per equity share, for its shareholders. The decision was taken during the board meeting held on Thursday. This means shareholders will receive Rs 23.20 per share on equity shares with a face value…
Citi slashes Nifty 50’s target price by 1500 points in the wake of Middle East conflict. (Image: iStock/ ET Now Digital) Global brokerages Nomura and Citi have trimmed Nifty 50‘s target price for December 2026 in the wake of heightened geopolitical tension led by conflict in the Middle East and subsequent pressure on Oil supply….
PSU vs Private Banks. (Image: ET Now) Highlights Nitin Aggarwal said that while the broader macro environment remains uncertain. Aggarwal believes valuation corrections in private banks have made them compelling. According to Aggarwal, investors should focus on growth-orientated NBFCs, particularly in vehicle financing. PSU vs Private Banks: The debate between public sector banks (PSUs) and…
ACME Solar remains poised to continue benefiting from its stable and predictable revenue streams, which are supported by long-term power purchase agreements (PPAs) with central and state-level utilities. The company remains well-positioned within the rapidly growing renewable energy landscape in India. Read Full Article The brokerage has factored in a 74 per cent EBITDA CAGR…
Citi has lowered its December 2026 Nifty target to 27,000 from 28,500, paring it by about 5% as it factors in growing downside risks to earnings and the broader macro backdrop. The brokerage has also cut its one‑year forward valuation pointing to elevated oil prices, potential supply‑side disruptions across commodities, and the knock‑on effects on…
Sensex Prediction for Tuesday, March 17: On Monday, the 30-share BSE Sensex jumped 938.93 points or 1.26 per cent to settle at 75,502.85. During the day, it hit a high of 75,805.27 and a low of 73,949.76. The 50-share NSE Nifty climbed 257.70 points or 1.11 per cent to end at 23,408.80. No stock data…
According to a regulatory disclosure, the state-owned housing finance company said its board members will discuss the borrowing strategy for the upcoming fiscal year during the meeting. The programme will define the company’s approach to raising funds that will be used to support its lending activities, especially in the areas of housing and urban infrastructure…
On March 16, the stock fell over 15.35 per cent to Rs 78.05 on BSE from its previous closing of Rs 92.20. Read Full Article The government and LIC were together looking to sell 60.72 per cent in IDBI Bank and had floated an Expression of Interest (EoI) in October 2022. Financial bids came in…
Edelweiss data shows Nifty often bounces back strongly after 18 months of stagnation, delivering up to 248% returns in 3 years. (Image: Shutterstock) Highlights West Asia tensions wipe out Rs 36 lakh crore of Indian market wealth, sparking volatility. Edelweiss data shows Nifty often bounces back strongly after 18 months of stagnation, delivering up to…
