SBI Funds listing today: Why Emkay sees the stock rising to ₹750

Brokerage firm Emkay believes SBI Funds Management is well-positioned to benefit from India’s long-term mutual fund growth story, supported by three key structural drivers.

Brokerage firm Emkay believes SBI Funds Management is well-positioned to benefit from India’s long-term mutual fund growth story, supported by three key structural drivers.

Indian rupee steady but under pressure from high crude oil prices, strong US dollar demand.

Goldman Sachs has forecast a 27% year-on-year revenue growth in financial year for Paytm, with EBITDA more than doubling on a year-on-year basis. It has a target of ₹1,500 on the stock.

JPMorgan CEO Jamie Dimon warns investors underestimate global economic risks, advises against buying equities or long-dated US Treasuries at current prices.

UltraTech Cement remains the top pick for several brokerages in the cement sector following its June quarter earnings. Emkay Global said the company offers a defensive play amid the current uncertain environment.

UBS listed companies with share prices that have fallen sharply even as underlying fundamentals remain resilient.

Q1 Results LIVE Updates: Nifty 50 company Bajaj Auto is reporting its earnings today. TVS Motor, M&M Financial, Aavas Financiers, Indian Hotels, AB Sunlife AMC, Adani Energy, Arvind Fashions, Bandhan Bank, Adani Total, Canara Robeco AMC, Cyient DLM, Crisil, Gabriel…

Sensex Today | Stock Market LIVE Updates: Nifty bulls aim to protect the 24,000-24,200 zone despite crude oil prices. HDFC Bank and Axis Bank fell, but ICICI Bank and Bharti Airtel offset losses. Nifty Bank protected 57,500.

One97 Communications Ltd., parent company of Paytm, has decided to defer its proposed bonus issue of shares as it wants to continue its focus on compounding growth and profitability for shareholder value creation. However, this is not the first instance…

South Korea’s Kospi index was flat while Japan’s Nikkei 225 was up 1.4%. US equity index futures were down 0.1%.