India’s largest fund house has now bet on this aluminium alloy castings producer
Available data shows that SBI Mutual Fund bought 3.72 lakh shares of the company, or 2.29% of its outstanding equity through block deals on Monday.
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L&T bags ‘mega’ orders to build advanced grid systems in Saudi Arabia, Abu Dhabi
L&T Share Price | L&T classifies orders in the ₹10,000 crore to ₹15,000 crore range as ‘mega’ orders. The company said the orders are for expanding and strengthening the electricity grids at high voltage levels.
IIFL Finance gets an upgrade but analyst says most positives priced in
HSBC said the IIFL Finance stock has already risen about 65-70% since its lows in March 2024, suggesting that current valuations already reflect many positive factors.
Blackrock CIO expects US market returns to moderate to single digits over the next 18 months
Neeraj Seth, CIO and Head-Asia-Pacific (APAC) Fixed Income at BlackRock also shared his view on China, and India.
Analysts recommend buying L&T Finance, HDFC Life, SAIL, JK Cement, Coal India and IDFC First Bank in today’s trade
On Tuesday, market tech analysts Mitessh Thakkar and Avani Bhatt recommended these stocks for the short term.
Vodafone Idea shares get a price target cut but analysts remain divided
Vodafone idea held an analyst call on Monday where it mentioned that it is likely to complete a ₹35,000 crore bank fund raise in the next seven to eight weeks and also remains hopeful of another tariff hike in the…
Fusion Finance gets second downgrade in two days after CLSA cuts target by 53%
CLSA noted that the company is undergoing multiple process and leadership changes.
Marketbuzz Podcast with Kanishka Sarkar: Nifty 50 at the cusp of 26,000, Reliance Power, Senco in focus
Marketbuzz Podcast: The Nifty 50 is now only 70 points away from the mark of 26,000. This morning, GIFTNifty was trading with a premium of more than 80 points from Nifty Futures’ Monday close, indicating a gap-up start for the…
Asian stocks rise on China stimulus optimism, US Fed
Equity benchmarks in Japan gained more than 1% as local markets reopened after a holiday. Shares in South Korea advanced and Hong Kong futures pointed to an increase of at least 1%. US stock futures edged down after the S&P…
Exclusive: Jamie Dimon says ‘plenty of room’ for interest rate cut in the US
In an exclusive interview with CNBC-TV18, JP Morgan Chase CEO Jamie Dimon dwells upon the recent decision of the US Federal Reserve to cut interest rates by 50 basis points, inflation situation in the United States, and the impact of…