SBI target prices raised after guidance, earnings beat street

Broad-based loan growth, steady margins, and benign asset quality, has prompted many analysts to increase the target price for India’s biggest bank.

Broad-based loan growth, steady margins, and benign asset quality, has prompted many analysts to increase the target price for India’s biggest bank.

Donald Trump predicts Dow Jones will hit 100000 by the end of his term, citing Great TARIFFS and awaiting US Supreme Court decision on their legitimacy. The index currently stands above 50000.

Brokerage Emkay Global said a merger at the current share prices-driven share swap would result in the Centre’s stake of 42% in the merged entity. However, for the merged entity to qualify as a “government company” under the Companies Act…

Vodafone Idea promoter Kumar Mangalam Birla bought a total of 4.09 crore shares between January 30 and February 1.

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Tata Steel’s December quarter earnings came in-line with Street expectations. Its net debt has declined. The company now expects its fourth quarter to benefit from higher steel prices.

Q3 Results LIVE Updates | Bata India, Ceigall India, Pharma, BSE Ltd., Zydus Lifesciences, are among the companies reporting their third quarter earnings today.

A rally in chip stocks and bargain hunting in beaten-down momentum plays including silver had helped shore up sentiment, as did wagers of more rate cuts from the US Federal Reserve.

Brent crude futures fell 49 cents, or 0.72%, to $67.56 a barrel by 0134 GMT after settling up 50 cents on Friday. US West Texas Intermediate crude was at $63.13 a barrel, down 42 cents, or 0.66%, following a 26-cent…

The jewellery maker’s same-store sales growth stood at 27%, while the share of studded jewellery improved to 31.2% from 29.5% a year ago.