This Is Not A Stimulus; It’s A Debt Swap! China’s top legislative body has approved the State Council’s plan to raise local government debt limits […]
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Reliance Industries and Disney Form Joint Venture with RIL at 16.34%, Viacom18 at 46.82%, and Disney at 36.84%
Disney and Reliance officially announce an $8.5 billion strategic joint venture, merging Viacom18 and Star India businesses. Reliance’s investment of approximately $1.4 billion into the […]
US Temporary Help Services Jobs Decline for 23rd Consecutive Month, Signaling Potential Rise in Unemployment
Temporary help services jobs in the US have decreased by 145,800 over the past year, bringing the total to 2.7 million, the lowest number since […]
Antique on Allied Blenders: Buy Target Rs 405; JPMorgan Neutral on Vodafone Idea Rs 10; Goldman Sachs Buy Eicher Motors Rs 5400; UBS Buy Apollo Tyres Rs 605; Jefferies Buy PI Industries Rs 5100
ANTIQUE on Allied Blenders Initiates a Buy with a target price of Rs 405. Sees growth in premium brands with new launches and global partnerships. […]
Brokerage Reports: Macquarie Underweight on Swiggy, Zomato with T.P. Rs 325, Rs 130; CLSA on Reliance Industries, Britannia; Jefferies Underperform on BSE at T.P. Rs 3500; BofA, UBS Warn of Inflation Risks Impacting Growth
Macquarie On Swiggy Macquarie starts coverage with an “Underperform” rating and a target price of Rs 325. Swiggy has potential, but the path to profitability […]
India’s October CPI at 6.21% and Industrial Production Up 3.1%: 14-Month Inflation High, Strong Manufacturing Growth
India’s Consumer Price Index (CPI) for October 2024 has risen to 6.21%, up from 5.49% in September, and surpassing the 5.81% forecast. This marks a […]
Jefferies downgrades earnings forecasts as Nomura predicts Q3 FY25 slowdown. Nifty 50 falls 6.2% as foreign investors sell over $10B
In October, India’s NSE Nifty 50 Index fell by 6.2%, marking its worst monthly decline since March 2020, due to increased foreign outflows. According to […]
Bitcoin Hits Record High Above $84,000 as Short Sellers Lose $6B; U.S. Stocks See $20B Inflow and Dollar Strengthens After Trump’s Election Win
Bitcoin, the largest cryptocurrency in the world, reached an all-time high of over $84,000 on Monday. Traders who bet against MicroStrategy, a major supporter of […]
AMFI October Data: Equity Inflows Surge 21.7% MoM to Rs. 41,887 Cr, Total AUM Hits Rs. 68.5 Lakh Cr
Mutual funds in India saw net inflows of ₹2.39 lakh crore in October, contrasting with a ₹71,114 crore outflow the previous month. Equity funds recorded […]
Nomura, Morgan Stanley On India Strategy, Jefferies, CLSA, Goldman Sachs on Britannia, Jubilant FoodWorks, Shree Cement, Asian Paints, Hindalco, ICICI Bank: Mixed Ratings, Targets Reflect Demand & Margin Trends
Britannia Industries Nomura has issued a Neutral call on Britannia, with a target price of Rs 5,800 per share. The company posted another quarter of […]
Market Outlook: Morgan Stanley’s Bullish India Strategy & Goldman Sachs on Consumption Trends
Morgan Stanley India Strategy India is currently experiencing a $10 trillion positive wealth shock, with Indian households accumulating $9.7 trillion in wealth over the past […]
Wedbush Raises Tesla Price Target to $400 as Hedge Funds Bet on Banks and Short Renewable Energy Amid Trump Election Win
Wedbush has increased its price target for Tesla stock from $300 to $400, believing that a win for Trump in the U.S. presidential election will […]