Reliance Industries Limited:– Consolidated revenues for Q3FY24 reached Rs 248,160 crore, showing a 3.2% YoY increase, supported by sustained growth in consumer businesses.– Quarterly EBITDA […]
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Tesla Initiates Major Price Cuts for Model Y in Europe Amidst Demand Concerns
In response to concerning demand, Tesla has implemented substantial price reductions for the Model Y across Europe, mirroring a strategy employed in China a week […]
Jefferies Forecasts Potential Market Disappointment as India’s FY25 Budget Indicates Slower Capital Expenditure Growth
Jefferies’ note suggests that India’s FY25 budget could exhibit a reduced growth in capital expenditure compared to previous years, potentially causing market disappointment. Key Highlights […]
HDFC Bank Bullish: CLSA targets 2025, Morgan Stanley aims for 2110. Brokerage reports reveal insights on Bajaj Finance, L&T Tech, Gail, and Cement Sector
CLSA on HDFC Bank:– Maintains Buy; Raises target price to ₹2025 from ₹1900.– Trims loan growth estimate from 17%-18% to 15% due to deposit challenges.– […]
Market Insights: January 16, 2024
In the recent market movements on January 16, 2024, the interplay between Domestic Institutional Investors (DIIs) and Foreign Institutional Investors (FIIs) persisted as a crucial […]
Fitch Ratings Affirms India’s ‘BBB-‘ Rating: Robust Growth Amid Fiscal Challenges and ESG Considerations
Rating Overview:Fitch Ratings has affirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook. This decision is influenced by several key […]
JIO and Airtel Set to Increase Mobile Tariffs by 20% in Q3 2024, Focusing on 5G RoCE Enhancement
• JIO and Airtel are anticipated to raise mobile tariffs by a minimum of 20% in the September quarter of 2024. • This strategic move […]
NATO Readies for Potential Russian Attack in 2025, Reveals Confidential German Defense Ministry Document
BILD reports that NATO is gearing up for a potential Russian attack in 2025, citing a confidential document from the German defense ministry outlining an […]
Brokerage Research Stock Insights: Unveiling Trends in Polycab, HDFC Life, Wipro, HCLTech, Indusind Bank, Zomato, PayTm, Delhivery, Info Edge, and Avenue Supermarts
• Goldman Sachs on Polycab: – Recommends a Buy with a target price of ₹5,750. – Suggests awaiting further clarity from both the company and […]
Market Insights: January 12, 2024
In the latest market activity on January 11, 2024, the balance between Domestic Institutional Investors (DIIs) and Foreign Institutional Investors (FIIs) continued to shape market […]
Vibrant Gujarat 2024 Highlights:
During Vibrant Gujarat 2024, Memorandums of Understanding (MOUs) worth a staggering ₹45.2 lakh crore were inked, surpassing the 2019 edition which saw 28,300 MOUs and […]
Taiwan’s Ruling Party Secures Third Term as Lai Ching-te, Proponent of Autonomy, Prevails in Presidential Vote Despite China’s Opposition
Lai Ching-te, a proponent of autonomy from China, secures a third term for Taiwan’s ruling party in the presidential vote, overcoming explicit opposition from China, […]