Amber Enterprises shares extend losses but Jefferies sees enough triggers to raise target
Brokerage firm Jefferies has a ‘buy’ rating on Amber Enterprises with a price target of ₹9,120 per share, an upside of 24.6% from its previous close.
admin
Raymond Realty to jointly develop residential project in Mumbai with development value of ₹3,000 crore
With the new project, Raymond Realty said its gross development value of its real estate projects will be close to ₹43,000 crore, it said.
February life insurance data: Axis Max Life, Canara HSBC lead; SBI Life, LIC see base-driven gains
Life insurers reported strong February numbers. Axis Max Life’s premiums rose 30%, Canara HSBC Life’s jumped 52%, and LIC’s increased 24%. HDFC Life saw a 3% decline.
Market correction: Flexi-cap funds fall up to 23% in nearly 18 months; large caps decline over 12%
Indian equities downturn since September 2024 impacted mutual funds. Large-cap funds fell 6.98%, flexi-cap funds declined 8.67%. Motilal Oswal Large Cap Fund had the smallest decline at -1.16%. Samco Flexi Cap Fund dropped 23.38%.
HSBC does not see much upside in Meesho; says profits may come at the cost of growth
HSBC said that Meesho’s longer-term valuation will depend on the company’s ability to monetise customer data beyond its core e-commerce business.
Motilal Oswal recommends buying these four defence stocks for up to 38% upside
Motilal Oswal said that the current West Asia conflict is likely to drive higher global defence spending as nations will prioritise security and military preparedness. It added that India’s defence sector is well positioned to benefit from both rising domestic…
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades 300 points higher; Uno Minda in focus
Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of the Nifty contracts. The not-so-good news is that the situation remains fragile and uncertain. However, the bulls would take heart from the reversal seen on Wall Street…
Innovision IPO opens: Key things to know before subscribing to the issue
The Gurgaon-based company will sell its shares in a fixed price band of ₹521-548 per equity share. Its post-listing market capitalisation is estimated at ₹1,290.72 crore.
Japan grows at better than estimated rate, backs PM Takaichi’s calls for more investment
Japan’s economy grew by 1.3% in Q4 2025, driven by business investment. PM Takaichi urges more spending to boost key industries amid Middle East crisis and rising oil prices.
Asian shares rise, oil prices decline as Trump signals Iran war may end soon
Shares in Japan, Australia and South Korea jumped, helping the broader MSCI Asia Pacific Index increase 1.7%.