L&T shares get their second downgrade in a month as order inflow fears persist

Out of the 35 analysts that have coverage on L&T, 28 of them have a “buy” rating on the stock, five of them say “hold”, while two have a “sell” rating on the stock.

Out of the 35 analysts that have coverage on L&T, 28 of them have a “buy” rating on the stock, five of them say “hold”, while two have a “sell” rating on the stock.

Out of the 39 analysts that have coverage on ITC, 34 of them have a ‘Buy’ rating, two have a ‘Sell’ rating, while three recommend a ‘Hold’ rating.

The market capitalisation of the three companies range from ₹1,000 crore to ₹5,000 crore and they will be holding their board meet over the next four days.

Ahead of the IPO opening, the Shapoorji Pallonji group company has raised ₹1,621 crore from anchor investors.

The surge in Tesla shares added $26 billion in paper wealth to Elon Musk’s fortune, who controls nearly 13% of Tesla’s outstanding shares and that accounts for a majority of his wealth.

In the third quarter, UPS was relieved of hefty upfront labor costs associated with the first year of its contract with the Teamsters, which reached its anniversary in August.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 ended at 24,399.40, while Sensex ended at 80,065.16.

Equities in Japan fell, while those in South Korea and Australia advanced. US futures were little changed after the S&P 500 rose 0.2% and the Nasdaq 100 climbed 0.8%. The moves partly reflected the 22% leap for Tesla shares on…

Global benchmark Brent edged higher toward $75 a barrel after losing more than 2% over the prior two sessions, while West Texas Intermediate was near $71.

In the prior 13 instances when the S&P 500 closed above its 200-day average for at least 242 consecutive days, with the index less than 3% below a record, the gauge proceeded to post a median gain of 7.2% in…