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 […]
Archives
Supreme Court Dismisses SEBI Appeal in 2007 Reliance Petroleum Share Manipulation Case
The Supreme Court of India rejected SEBI’s appeal on Monday regarding a case linked to share manipulation in Reliance Petroleum’s stocks from 2007. This came […]
SEBI Proposes New Insider Trading Rules to Improve Disclosure and Transparency
The Securities and Exchange Board of India (SEBI) has proposed a review of the definition of Undisclosed Price Sensitive Information under its Prohibition of Insider […]
Jefferies on India Strategy, Hindustan Aeronautics, JP Morgan Downgrades Asian Paints, CLSA on SBI, Goldman Sachs on United Spirits, Morgan Stanley on Ashok Leyland, and more stock recommendations
Jefferies India Strategy: Over 20% of stocks covered by Jefferies are trading below their lows from June’s election results. 30% of stocks are down more […]
Economy in Charts: US Stock Market, Trump Win, RBI Growth Projections, Indian Retail Loans, US Elections, Indian Economy, China’s Economic Package & More
Introducing This Week in Economy (in Charts)—a new weekly update where we’ll highlight the most important economic events from the past week, explained through easy-to-follow […]
FPIs Withdraw Rs 19,994 Crore in November, Total Outflow Hits Rs 13,401 Crore in 2024; Reliance Industries Loses Rs 74,563.37 Crore in Market Valuation; FPIs Invest Rs 2,896 Crore in Debt VRR
Foreign portfolio investors (FPIs) continued to pull out of Indian equity markets, withdrawing nearly Rs 20,000 crore in just five trading sessions (Nov 4-8), mainly […]
Adani Power to Continue Supplying Electricity to Bangladesh Despite $800 Million Outstanding Dues
Adani Power has reaffirmed its commitment to continue supplying electricity to Bangladesh from its 1600 MW Godda power plant, despite Bangladesh owing over $800 million […]
Foreign Investors’ Stake in NSE Falls to 15.98% (12-Year Low); Mutual Funds Rise to Record 9.58%
Foreign investors’ share in NSE-listed companies dropped to 15.98% in October, reaching its lowest point in twelve years. The value of foreign investors’ assets in […]
Brokerage Reports: Macquarie on M&M, BofA & Goldman Sachs on M&M, Bernstein on Trent, Macquarie on TCS, Jefferies on JB Pharma, Blue Star, Astral, Go Digit
Macquarie on M&M Macquarie has kept its “Outperform” rating for M&M, with a target price of Rs 3,441. The company had a strong Q2, and […]
Federal Reserve Cuts Interest Rate by 0.25% and Signals Balanced Economic Risks
Federal Reserve has lowered the key overnight interest rate by 0.25% to a range of 4.50%-4.75%. The Fed says the economic outlook is uncertain and […]
Bank of America Raises Tesla’s Price Target to $350 from $265 – Buy Recommendation
Analyst Comments: Bank of America’s analysis suggests that Tesla’s position will not be significantly affected by most changes in policy. However, there could be potential […]
Bank of England Cuts Interest Rates to 4.75%, Cautions on Inflation Risks from New Budget
The Bank of England has cut borrowing costs for the second time this year, though it hasn’t committed to speeding up rate cuts. Officials cautioned […]