Bharti Hexacom shares gain after CLSA upgrade; Bharti Airtel top pick

CLSA upgraded Bharti Hexacom to ‘hold’ from ‘underperform’, with a target price of ₹1,510. CLSA prefers Bharti Airtel for its stronger growth prospects.

CLSA upgraded Bharti Hexacom to ‘hold’ from ‘underperform’, with a target price of ₹1,510. CLSA prefers Bharti Airtel for its stronger growth prospects.

Amir Chand Jagdish Kumar (Exports) is a processor and exporter of basmati rice in India. The company markets its products under the flagship brand ”Aeroplane”.

Gold and silver prices fell on March 19 due to a stronger US dollar and higher interest rate concerns. Gold traded at $4,847.50 per ounce and silver at $76.14 per ounce.

The real friction stemmed from Atanu Chakraborty’s functioning in an “executive style”, despite him holding a non-executive role and his exit is linked to personal differences with the senior management, the sources went on to add.

Micron Technology forecasted Q3 revenue above Wall Street expectations due to AI memory chip demand. Despite record earnings, shares fell 5% after a $5B capital spending increase.

Nazara’s UK arm will initially acquire a 50% stake in Bluetile and Bestplay for $100.3 million (₹918 crore). Of this, $59.7 million will be paid at the first closing, while the remaining $40.6 million will be settled within six months.

The Bank of Japan kept its policy rate at 0.75% amid Middle East crisis uncertainties. Hajime Takata dissented in the 8-1 vote. Governor Kazuo Ueda will discuss it further.

The Indian rupee showed further weakness in the NDF market on March 19, while domestic markets were closed for Gudi Padwa. The rupee may weaken past 93 per dollar when trading resumes on March 20.

HDFC Bank share price LIVE Updates: Shares of HDFC Bank Ltd., a heavyweight in both the Nifty 50 and Nifty Bank indices, opened as much as 9% lower on Thursday, March 19, following a change in leadership. However, the stock…

Oil prices staged a sharp rebound on Wednesday after some softness earlier in the day after both Israel and Iran launched attacks on energy infrastructure, impacting the world’s biggest gas production facilities in Qatar and Iran. Rising oil prices are negative…