Goldman Sachs said the upgrade reflects stronger volume visibility compared to peers, driven by upcoming premium launches such as the RR 300, RTX 450 and models under the Norton brand.
The risk-reward ratio is better but don’t go all into the stock market, warns Amish Shah, the head of research at Bank of America. What are the sectors to bet on as inflation risks rise and growth falters? Details in…
BofA expects the rupee to end the year near 93 per dollar, says most depreciation is over, RBI actions aid stability, crude prices and geopolitics remain key risks.
Senco Gold is also targeting Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) to be in the 7.5% to 7.8% range next year.
Both Titan and Kalyan Jewellers are yet to disclose their business updates for the March quarter. The stocks though have gained between 2% to 6% on Monday.
UCO Bank’s total business increased to ₹5.89 lakh crore in the fourth quarter, up 6.32% from the previous quarter and 14.59% from the previous fiscal.
With gains of over 5%, the Nifty IT index is the best-performing sector in April so far. However, it remains the second-worst performer after realty if you zoom out to a year-to-date view.
India auto dealers warn West Asia conflict is raising fuel and metal costs and causing supply delays, but retail auto sales hit record highs with strong March growth across segments
Brokerage firm Macquarie said, excluding the Covid-affected FY21, FY26 marks the slowest growth rate for Bajaj Finance in 15 years.
Indian markets remain volatile amid rising global tensions and elevated crude oil prices near $110 per barrel, which are adding to inflation concerns. The rupee has strengthened, supported by RBI liquidity measures and tighter forex rules. Meanwhile, the 10-year bond…