Ventura sees gold prices testing $3,600 an ounce by year-end amid global uncertainty
Ventura attributed the outlook to macroeconomic headwinds, geopolitical risks, and sustained investment demand.
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JPMorgan downgrades pharma but still likes a few stocks
Pharma stocks has outperformed the MSCI India Index by 40% in the last three years. However, several looming challenges threaten the momentum in many of the stocks. Scroll down for three names that the analysts continue to be bullish on.
Alembic Pharma shares gain after receiving USFDA nod for hypertension treatment drug
Macitentan tablets are an endothelin receptor antagonist (ERA) indicated for the treatment of pulmonary arterial hypertension in adults to reduce the risks of disease progression and hospitalisation, the company said.
Sarda Energy wins bid for coal mine in Madhya Pradesh on revenue sharing with state; Stock rises 3%
Earlier this month, Sarda Energy said it is considering scaling its upcoming power project from the previously planned 600 MW to 800 MW.
Coal India inks MoU with Konkan Railway Corp to develop rail infrastructure
In the crucial Q1 results, the company reported a 20.1% year-on-year decline in consolidated net profit for the June quarter at ₹8,734 crore. This was lower than the ₹10,934 crore a year ago. However, the numbers surpassed the CNBC-TV18 estimates,…
Tata Motors to MRF: Here’s why auto stocks are up for the second day
One key trigger is news that China may lift restrictions on rare-earth magnets. The Chinese Foreign Minister has also assured India of addressing concerns over imports.
Nomura warns 25% penalty tariff on India not fully priced in by foreign investors
Robert Subbaraman, Head-Global Macro Research, Nomura Singapore expects the RBI to deliver two more rate cuts by year-end as inflation trends lower, providing a buffer against external shocks.
JSW Infra shares have two key triggers over the next 18 months, according to Jefferies
Most of the analysts that have coverage on JSW Infra have a “buy” recommendation on the stock.
BlueStone Jewellery shares listing: Stock debuts at a 3% discount to IPO price
BlueStone Jewellery IPO listing: The issue was subscribed 2.72 times at close, with strong demand from Qualified Institutional Buyers (QIBs) who subscribed 4.25 times their allotted portion. The retail portion was booked 1.38 times, while Non-Institutional Investors (NIIs) subscribed just…
Gold prices steady: Key global and domestic factors in focus
In India, the price of gold stood at ₹1 lakh per 10 grams for 24 karat, ₹92,350 for 22 karat, and ₹75,560 for 18 karat, according to Goodreturns data.