Ambit Capital Maintains ‘Sell’ on Reliance, Raises Target Price to Rs 2,650 Amid Growth Concerns

Ambit Capital has kept its “sell” rating for Reliance Industries Ltd. (RIL), but raised the target price to ₹2,650 per share from ₹2,600 earlier. According […]

PSU Stocks Plummet: Cochin Shipyard Down 47%, Garden Reach Falls 45%, and IRCON Drops 42% from July Peaks

The Nifty PSE index has dropped 10% from its highest point on August 1. Out of the 20 companies in the index, 10 have fallen […]

SEBI Study: 93% of Individual Traders in F&O Suffer Losses from FY22 to FY24

According to a recent study by the Securities and Exchange Board of India (SEBI), 93% of individual traders in the equity futures and options (F&O) […]

Brokerages on HDFC Bank, Bank of Baroda, RBL Bank, L&T Finance, IndusInd Bank, Sun Pharma, Federal Bank, AU Small Finance, Bandhan Bank, and MacroTech Developers

Morgan Stanley on HDFC Bank: Buy rating with a target price of ₹1850. Steady deposit growth YoY. End-of-period deposits rose 5% QoQ, while average deposits […]

Market Insights: Nomura on Yes Bank and Bajaj Finance; Jefferies on SBI Card; Morgan Stanley on Bajaj Finance; Citi on Bank of Baroda

Nomura on Yes Bank: Maintains a “Neutral” rating, Target price is set at ₹17. Pre-Q2 update shows strong deposit growth, mainly from CASA accounts. Expects […]

Morgan Stanley and Investec Remain Bullish on M&M with Target Prices of Rs 3,304 and Rs 3,220, Highlighting Strong Thar Demand

Morgan Stanley on M&M: Maintains an “Overweight” rating with a target price of ₹3,304. The current Thar 3-door model has a sales rate of 5,000 […]

JPMorgan Reiterates Overweight on SBI with ₹1,000 Target, Confident in Growth and Asset Quality

JPMorgan on SBI (Management Meeting): Maintains an “Overweight” rating with a target price of ₹1,000. Confident about growth and asset quality, with Return on Assets […]

Mixed Ratings on Avenue Supermart: Macquarie Recommends Buy, Morgan Stanley Bullish, Goldman Sachs Advises Sell

Macquarie on Avenue Supermart: Maintains an “Outperform” rating with a target price of ₹5,600. Sales growth has slowed compared to Q1. Store additions have been […]

Citi Initiates ‘Buy’ on Varun Beverages with ₹800 Target, Highlights Strong Growth Potential

Citi has initiated a “Buy” rating on Varun Beverages with a target price of ₹800. The company has a strong market position in India and […]

JP Morgan Raises TSLA Target Price to $130; Tesla Discontinues Model 3 Standard Range

JP Morgan has increased its target price for TSLA from $115 to $130, maintaining its Underweight rating, while Tesla’s current market price (CMP) is $249. […]

Brokerage Reports: Buy Recommendations for Bank of Baroda, Aeroflex, L&T Finance, and More, Alongside Sell Call for Navin Fluorine

Khambatta Securities has set a target price of Rs 938 for Century Ply, recommending a “Hold” position. The current price is Rs 897.1, indicating a […]

Jefferies Comments on SEBI Circular, Expects Market Tightening and Impact on Discount Brokers

Jefferies notes that SEBI’s circular aligns closely with the discussion paper and affects 35% of individual premiums. The phased implementation over the next 3-6 months […]