Gold Prices in India Hold Steady Above Rs 1,17,000: Factors Driving the Rally Gold prices today were trading at stable levels above the Rs 1,17,000 mark, amid the festive season. The Central Bank on Wednesday had maintained the repo rate at 5.5% and retained the neutral stance. Gold ahead of the decision had prices surged […]
Stock Market Today: Sensex and Nifty Rise After Eight-Day Losing Streak The Indian stock market witnessed a significant turnaround on Wednesday, with the benchmark indices, Sensex and Nifty, ending their eight-day losing streak. The Sensex rose 715.69 points to 80,983.31, while the Nifty was up 225.20 points to 24,836.30. Market Highlights The Sensex rose 0.89%
Defence stocks, Axis Bank Ltd., Allied Blenders and Distillers Ltd., Larsen and Toubro Ltd., Kotak Mahindra Bank Ltd., auto stocks, real estate stocks and cement sector, are among the companies garnering brokerage commentary today. Analysts have shared their insights and, in several cases, revised their target prices based on their updated fundamental outlooks for these
Nifty Rebounds: Is the Short-Term Bottom in Place for Indian Markets? October kicked off on an upbeat note, much like September’s start, bringing cheer to the markets. On the very first trading session of the month, the benchmark Nifty 50 snapped its eight-day losing streak and closed decisively above the 24,800 mark, gaining 225 points,
TruAlt Bioenergy IPO Listing Today: Latest GMP, Share Price, and Listing Details Shares of TruAlt Bioenergy Ltd. will be listed on the BSE and NSE on October 3, marking a significant milestone for the company. The allotment of shares was completed on September 30, while the subscription window was open from September 25 to September
Jinkushal Industries IPO Listing Today: What You Need to Know The much-anticipated initial public offer (IPO) of Jinkushal Industries Ltd. is set to list its shares on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 3. The allotment of shares was completed on September 30, while the subscription window was open
Nifty Consolidates Near Key Support Levels: Will This Spark the Next Big Rally? The Nifty 50 index continues to consolidate within a newly defined range, with no change in outlook, according to the latest technical note by CLSA’s Laurence Balanco. The index is currently trading between 24,337–24,432 on the lower end and 25,448–25,669 on the
Goldman Sachs Bullish on Indian Defence Stocks: PTC Industries, Astra Microwave, and More Goldman Sachs, a multinational investment firm, has initiated coverage on eight Indian defence stocks, placing bullish share price targets on all but one. The report highlights the growth potential of the Indian defence sector, driven by increasing domestic demand, indigenisation, and higher
Axis Bank Target Price: Morgan Stanley Sees 25% Upside, Initiates ‘Buy’ — What Indian Investors Need to Know Morgan Stanley has raised its target price on Axis Bank Ltd., citing the turnaround story as the bank has taken significant additional steps over the past year and should get traction as the macro climate improves. Turnaround
Banks Q2 Results Preview: HDFC Bank, ICICI Bank, SBI Is Motilal Oswal’s Top Pick Ahead Of Q2 Earnings The Indian banking sector is gearing up for the Q2 earnings season, and Motilal Oswal has come out with its top picks, including HDFC Bank, ICICI Bank, and SBI. According to the brokerage firm, the impact of