CreditAccess Grameen shares may fall another 40% even after correcting 45% from peak, Goldman says
Shares of CreditAccess Grameen have already corrected 45% from their peak of ₹1,736.
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BSE shares have another 24% upside, will overcome regulatory hurdles, Nuvama says
Nuvama has implied BSE’s share price target based on a projected financial year 2027 price-to-earnings multiple of 50 times, reflecting the duopolistic nature of the industry, along with BSE’s stake in CDSL.
Infosys Q3 Results Preview: All eyes on guidance revision after TCS, HCL Tech results
Constant currency revenue growth for Infosys is anticipated to be 0.9% quarter-on-quarter. This is likely to be better than TCS, whose constant currency revenue growth on a sequential basis was flat, but lower than HCLTech, who reported a 3.8% growth…
Sensex Today | Stock Market LIVE Updates: Nifty aims to break the streak of lower highs, build on Tuesday’s recovery
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 23,207.60, while Sensex ended at 76,499.63.
Asian stocks gain ahead of US CPI, dollar steadies
The MSCI Asia Pacific Index gained 0.4%, up for a second session, led by gains in Japan and South Korea. US equity futures were little changed. Chinese stocks may extend gains as a gauge of US-listed mainland shares rose more…
Oil climbs as sanctions angst and lower stockpiles set the tone
West Texas Intermediate rose toward $78 a barrel, after losing 1.7% on Tuesday on expectations for a ceasefire between Israel and Hamas, while Brent ended below $80.
Dow Jones gains for second day but Wall Street on the edge ahead of CPI data
Options traders are bracing for the US equity benchmark’s busiest CPI day since March 2023. The index is expected to move 1% in either direction on January 15, based on the cost of at-the-money puts and calls, according to Stuart…
Retail investors own 1 in every three stocks at Ujjivan Small Finance Bank and Easy Trip Planners
During the last three quarters, both foreign portfolio investors and domestic institutional investors (DIIs) have pared their stake in Ujjivan Small Finance Bank.
Zetwerk selects banks for $500 million India IPO
The Bengaluru-based company has selected Axis Capital Ltd., Goldman Sachs Group Inc, Jefferies Financial Group Inc, JM Financial Ltd, JPMorgan Chase & Co and Kotak Mahindra Bank Ltd as arrangers for the IPO, the people said.
Welspun Corp signs MoU with Saudi Aramco for 350 KMTPA LSAW pipe facility in Saudi Arabia
Shares of Welspun Corp Ltd ended at ₹729.70, up by ₹8.25, or 1.14% on the BSE.