Explained — Why are Midcap IT shares like Coforge, Persistent under pressure
Analysts believe that the guidance from Mercedes will impact stocks like KPIT Tech and Tata Elxsi.
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Gold prices eye eighth weekly gain amid geopolitical uncertainty
Safe-haven demand remains strong due to US President Donald Trump’s tariff policies.
Gautam Adani’s net worth is down $12 billion in 2025 so far, most after Elon Musk
Elon Musk, the world’s richest individual, has seen his net worth erode by $35.2 billion during the same period to $397.3 billion.
Rupee rises 14 paise to 86.50 against US dollar in early trade
Forex traders said rupee is expected to trade with a slight negative bias on weak domestic equities and foreign fund outflows.
M&M shares set for worst weekly performance in five years after another 6% fall
CNBC-TV18 had reported earlier this week that Tesla CEO Elon Musk is considering starting retail operations in India by April this year. The company is planning to launch an Electric Vehicle under $25,000, according to sources.
UBS Wealth expects double-digit Nifty returns over next 12 months as earnings growth rebounds
Hartmut Issel, Head of Equity & Credit APAC and CIO at UBS Wealth Management said that industries like consumer, cement, autos, and oil and gas have been growing at nearly zero, but he expects this trend to reverse in FY26.
An underperforming banking stock can rise 60%, according to CLSA’s high conviction
Calling Bandhan Bank a play on the MFI recovery cycle with a gradual migration to secured loans, CLSA cited the new management’s intention to increase the share of secured loans to 55% to 60% from the current level of 50%.
Axis Bank shares are a ‘top pick’ for Nomura on inexpensive valuations; check latest price target
Nomura believes that although a tough liquidity scenario may weigh on the lender’s growth, asset quality is not a cause of concern for the bank.
L&T Technology Services rises 5% after Macquarie upgrades stock to ‘Outperform’ on improved valuation
The broking firm has raised the target price to ₹6,530 per share, a potential upside of 33% from Thursday’s closing level levels.
Vetri Subramaniam says 12% equity returns are realistic, but earning more takes expertise
Vetri Subramaniam, Chief Investment Officer at UTI Asset Management Company, which manages assets worth over $155 billion, believes hybrid funds are a suitable option for investors looking to make lump sum investments.