Institutional investors just pulled around $6 billion out of U.S. stocks, making it the biggest sell-off since 2015 and the second-largest in the past 15 […]
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Russian Court Orders Google to Pay Astronomical $20 Decillion Fine for Blocking TV Channels
A Russian court recently ordered Google to pay a mind-boggling $20 decillion in fines (that’s a number with 33 zeros) to Russian media networks. This […]
Brokerage Reports: CLSA on L&T (OP), Bernstein on L&T (OP), Nomura on Tata Power, Citi on Cipla, Jefferies on Biocon, and Morgan Stanley on Tata Power (OW) and More
Jefferies India Strategy – Sep’24 ReviewAnalysts have downgraded earnings for over 60% of 98 companies covered. Heavy rains and weak government spending have impacted results. […]
Mid-Quarter Insights: Jefferies India Strategy September 2024 – 2.5% Nifty Earnings Cut
September 2024 Mid-Quarter Review – Highest Downgrade Ratio Since 2020 Analysts at Jefferies have reduced their earnings estimates for more than 60% of the 98 […]
Uday Kotak’s Cautious Optimism: Stock Market Growth and the Need for Strategic Investing in India
Uday Kotak, founder of Kotak Mahindra Bank, shared his cautious optimism about the upcoming year in a video message on Diwali, October 30. He pointed […]
U.S. GDP Growth and Price Index Trends in Q3: 2.8% Growth, 1.8% Price Index Increase
U.S. GDP for the third quarter grew by 2.8%, compared to a previous increase of 3.0%. Analysts had estimated it would rise by 2.9%. U.S. […]
BYD Reports Record Revenue of 502.25 Billion Yuan, Outpacing Tesla for the First Time
BYD has outperformed Tesla in quarterly revenue for the first time as an electric vehicle company. For the first three quarters of 2024, BYD reported […]
India’s Fiscal Deficit is Under Control: Government Spending is On Track
The Indian government is managing its money well. Right now, the fiscal deficit is Rs 4.35 lakh crore, which is 27% of the total budget […]
Truth Social Surpasses X in Value: $10.6B vs. $9.4B Amid ‘Trump Trade’ Surge
Trump’s social media company, Truth Social, has recently seen a massive rise in its value, surpassing the worth of X (formerly Twitter). Truth Social’s parent […]
Brokerage Reports: CLSA on Adani Ports, BofA on India, Nomura on Bharti Airtel, Jefferies on Marico, HSBC on Maruti Suzuki, Goldman Sachs on SBI Cards, Investec on Cipla and More
CLSA on Adani Ports CLSA has a rating of Outperform with a target price of Rs 1764 for Adani Ports. In the first half of […]
Swiggy IPO: High-Profile Investors Back Rs 3,750 Crore Public Offering Amid Intense Market Competition
Swiggy, one of India’s largest food delivery platforms, has officially filed its draft red herring prospectus (DRHP) with SEBI (Securities and Exchange Board of India) […]
India’s Economic Growth Faces Downside Risks Amid Cyclical Slowdown: Nomura
Japanese brokerage firm Nomura has highlighted that India’s economy is likely experiencing a cyclical growth slowdown. Nomura argue that GDP growth could dip below the […]