Rupee rises 17 paise to 85.56 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 85.62 against the dollar, then touched an early high of 85.56, up 17 paise from its previous close.

At the interbank foreign exchange, the rupee opened at 85.62 against the dollar, then touched an early high of 85.56, up 17 paise from its previous close.

Of the 24 analysts that have coverage on Coal India, 17 of them have a ‘Buy’ rating on the stock, while four have a ‘Hold’ rating. Three analysts have a ‘Sell’ recommendation on the PSU.

Viceroy’s Gabriel Bernarde has also warned that there is more to come on Vedanta and more reports are likely to be released in the future.

REC, PFC Shares: Morgan Stanley believes these stocks, out of favour over the past nine months after strong investor interest in 2023 and 2024, now offer attractive risk-reward, both in absolute terms and relative to peers.

On Thursday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.

Grasim is Morgan Stanley’s top pick. The brokerage wrote in its note that Grasim has multiple opportunities playing out that could lift share price in medium term.

Smartworks Coworking Spaces is selling its shares in the price band of ₹387-407, applied for a minimum of 36 shares and its multiples to raise ₹583 crore between July 10-14.

With this, Nvidia is now worth over 7.5% of the entire S&P 500. The stock’s market cap is higher than the Gross Domestic Product (GDP) of most of the global countries.

The three housing finance companies that Bernstein expects to outperform, are likely to deliver returns between 17% and 22% over the next 12 months.

The warrants can be exercised in one or more tranches at any time within 18 months from the date of allotment of the warrants. An amount equivalent to 25% of the consideration will be payable at the time of application…