Bernstein on Avenue Supermart revenue growth of 14.4% year-over-year in Q2 was disappointing, marking the slowest growth in four years. Like-for-like (LFL) growth was also […]
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Housing Sales Surge: 229,908 Homes Sold in 2024’s First 9 Months
Housing Sales Reach Record Highs In the first nine months of 2024, India saw a record sale of 229,908 homes, marking a 17% increase compared […]
China Plans Increased Borrowing to Support Local Governments and Address Hidden Debt
On Saturday, China announced that it will “significantly increase” the amount of government debt it issues. This move aims to provide subsidies to low-income individuals, […]
Household Equity Ownership Surges to 21.5% as India’s Market Grows 50% to Rs 441 Lakh Crore
Household ownership of equity surged to 21.5% as India’s equity market capitalization grew by more than 50% year-on-year, reaching Rs 441 lakh crore in June […]
SEBI Halts Trafiksol ITS Technologies’ IPO Listing Amid Investigation of Disclosures
The Securities and Exchange Board of India (SEBI) directed the BSE on October 11 to halt the listing of SME company Trafiksol ITS Technologies while […]
Brokerage reports on Tesla, Affirm, Atlassian, AMD, and NVIDIA Receive Mixed Ratings; Uber Benefits from Tesla’s Robotaxi Event
UBS on Tesla ($TSLA) – Sell; Price Target: $197 UBS thinks that Tesla’s recent event, “We, Robot,” might not meet the high expectations many had. […]
China’s Stock Market Surge Attracts Global Investment, Pulling Funds from Asia
China’s recent stock market surge is causing a shift in global investment, with many investors eager to join the rally. As a result, funds are […]
Tesla’s Cybercab Unveiling: A Pivotal Moment for Elon Musk and the Company’s Future
Tesla is set to unveil its long-awaited driverless robotaxi, the Cybercab, later today at an event in Burbank, California, starting at 7 p.m. This marks […]
Brokerage Reports on Bandhan Bank, Credit Access Grameen, Tata Elxsi, PSU Index, Kotak Bank, Cipla, and Indus Tower
Goldman Sachs on Bandhan Bank Goldman Sachs believes that the appointment of the new MD and CEO, along with the resolution of the CGFMU claim, […]
Brokerage Reports on TCS: JP Morgan Sets Highest Target at Rs 5,100 (Buy); Investec Lowest at Rs 3,620 (Sell)
After announcing its Q2 FY24-25 results, TCS received mixed opinions from brokerage houses. While JP Morgan maintained an overweight rating, Citi lowered its target price […]
Brokerage Reports on GMR Airports, $JPM Upgrade Vodafone Idea, 360 One, Indian Oil, Varun Beverages, Godrej Consumer, PB Fintech, and Job Creation
Jefferies on GMR Airports: Jefferies recommends buying GMR Airports with a target price of Rs 106. GMRI, through its subsidiary GNIAL, has signed a concession […]
Asian Stocks Rise as China Launches 500 Billion Yuan Stimulus, U.S. Dollar Steady Ahead of Inflation Data
Asian stocks rose on Thursday, helped by gains in Chinese stocks. China’s central bank launched a 500 billion yuan funding program to boost the markets. […]