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Posted on June 13, 2024

Buy Trent, target price Rs 5500: Motilal Oswal

Trent Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 178742.06 Crore) operating in Retail sector.
Posted on June 13, 2024

Buy Mankind Pharma, target price Rs 2650: Motilal Oswal

Mankind Pharma Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 89132.93 Crore) operating in Pharmaceuticals sector.
Posted on June 12, 2024

​Golden Crossovers: These 4 stocks signal further bullishness on Jun 12

In the Nifty500 pack, four stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness.
Posted on June 12, 2024

Nasdaq, S&P 500 rise with Apple; investors await inflation report, Fed decision

The S&P 500 and Nasdaq, buoyed by Apple’s surge, await the Fed’s update. Positive market sentiment follows a strong U.S. jobs report. General Motors’ shares rise on the announcement of a $6 billion buyback plan.
Posted on June 12, 2024

Tesla shareholder sues Musk to return billions in alleged unlawful profits

Lawsuit accuses Elon Musk of making billions by selling Tesla stock using insider information.
Posted on June 11, 2024

ARCs to see recoveries improve from stressed residential projects

ARC expected to see 5-7% increase in recovery rates of stressed residential projects. Recovery rates to reach 16-18% by March 2025 due to rising prices, demand, and investor interests.
Posted on June 11, 2024

India likely to cut interest rates ahead of US: Report

ICICI Securities Primary Dealership report suggests India may cut rates before the Federal Reserve, citing strong US employment data weakening the case for Fed easing.
Posted on June 11, 2024

Financial health of cement sector to be strong despite market challenges: Ravleen Sethi

​Now, cement prices, yes, they have been under pressure and largely the price elusiveness what we believe is here to stay also in medium term.
Posted on June 10, 2024

Big movers on D-Street: What should investors do with HDFC AMC, Wipro and Paytm?

On Friday, equity indices surged by over 2%, reaching record highs following the Reserve Bank of India (RBI) upward revision of the GDP growth projection. Notable stocks included HDFC AMC, which increased by 2%, Wipro, witnessing a 5% gain, and Paytm, whose shares soared by 10% on Friday.
Posted on June 10, 2024

India bond yields seen rising tracking US peers

Indian government bond yields are expected to rise due to a spike in U.S. Treasury yields after strong economic data. The benchmark 10-year yield in India is likely to move in a 7.01%-7.06% range on Monday.

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RSS MarketWatch.com – Real-time Headlines

  • Elon Musk in a post on X says some of his Trump posts ‘went too far’ and that he regrets them
  • Bank of England decision on Thursday will be at 12:02 p.m. local time instead of 12 p.m., due to VE Day’s two minutes of silence
  • Swiss National Bank cuts interest rates by a half point to 0.5%
  • Dollar jumps 0.5% to 0.8890 francs
  • Germany flash services PMI falls to 9-month low of 49.4
  • Germany flash manufacturing PMI rises to 4-month high of 43.2
  • Powell says labor market not a source of significant inflation pressure
  • Fed’s Powell says rate cut ‘on the table’ as soon as September
  • Final S&P U.S. manufacturing index is 52.2 in February vs. initial 51.5
  • Duolingo started at buy with $222 price target at Seaport
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