Bank of America says investors are too bullish so forget about summer market upside
Strategist Michael Hartnett worries the sheer level of optimism is a contrarian sell signal, saying investors should reduce their exposure to stocks.
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Earnings season plays: Profit expectations are growing for these stocks while their valuations get cheaper
Investors can find opportunities in stocks where declining share prices are pushing valuations below their historical average.
ICICI Lombard receives arbitration award to pay ₹78 crore to insured Roadway Solutions
ICICI Lombard must pay Rs 776.73 million plus 7.5% interest to Roadway Solutions Narayanpur Roads Project Private Ltd after an arbitration award. The dispute relates to policies from Bharti AXA.
Signature Global Q1 update: Pre-sales grow 25% QoQ as sales realisation rises 12%
Shares of Signatureglobal (India) Ltd ended at ₹824.90, down by ₹21.95, or 2.59%, on the BSE.
Belrise Industries launches ₹1,200 crore QIP; floor price fixed at ₹231 per share
Shares of Belrise Industries Ltd ended at ₹232.30, down by ₹4.40, or 1.86%, on the BSE.
KEC International bags ₹1,180 crore orders across transmission, solar, civil and cables segments
Shares of KEC International Ltd ended at ₹489.90, down by ₹6.00, or 1.21%, on the BSE.
ideaForge raises ₹500 crore via QIP to fund growth, expand defence drone capabilities
The fundraising attracted a mix of domestic and overseas institutional investors, with the company saying the proceeds will support innovation, product development and execution as demand for indigenous unmanned systems grows across defence, homeland security and critical infrastructure in India…
Market Pulse: Key triggers to watch before the July 15 trading session
Indian markets and investors will assess the impact of IBM’s 23% plunge after weaker-than-expected preliminary quarterly results, with IT stocks including TCS, Infosys and Wipro set to remain in focus on Wednesday. Also, Wall Street’s overnight gains in the S&P…
Hero MotoCorp to invest another ₹1,000 crore in EV maker Ather Energy
Hero MotoCorp has approved an additional ₹1,000 crore investment in Ather Energy through a preferential share issue, strengthening its bet on the electric two-wheeler maker in which it already owns nearly 30%.
J&K Bank to sell 0.5% stake in PNB MetLife for ₹120 crore
The proposed sale of 10.25 million shares to MetLife International Holdings will reduce the bank’s stake in the insurer to 2.534%. The transaction, approved by the board earlier, remains subject to documentation and regulatory formalities.