Newsvoir In a successful bid, Nirma Group has entered into definitive agreement to acquire 75% of Glenmark Life Sciences Limited from Glenmark Pharmaceuticals Limited at […]
Category: Stock In News
BYD Positioned to Challenge Tesla in Electric Vehicle Sales, TrendForce Forecasts
In the competitive landscape of electric vehicles (EVs), BYD emerges as a formidable contender, poised to challenge Tesla’s stronghold on the market. According to TrendForce’s […]
JPMorgan Chase Announces $30 Billion Expansion: 5 New Connecticut Branches and 500 Nationwide by 2027
JPMorgan Chase Bank is embarking on a significant expansion plan in Connecticut and across the United States, aiming to open five new branches in Connecticut […]
HDFC’s Rollercoaster Ride: Mutual Funds Pour Rs 23,700 Crore, Foreign Investors Exit with Rs 28,500 Crore in January!
Overview of January Stock Market Activity: HDFC Bank Ltd.: – Mutual funds made a significant addition to their portfolios in January, with HDFC Bank Ltd. […]
Tech Dominance and Retail Struggles: S&P 500 Hits New Highs, Earnings Reports Shape Market Landscape
Retail stocks in the S&P 500, excluding the technology sector, are currently experiencing their lowest levels in comparison to the technology stocks within the index. […]
BOFA FMS Insights: Investor Sentiment, Cash Levels, and Crowded Trades
BOFA FMS notes a significant shift as investors, for the first time since April 2022, refrain from predicting a recession. Cash levels within BOFA FMS […]
Jeff Bezos Sold $2 Billion in Amazon Stock: Strategic Sales Aligned with Trading Plan and Miami Relocation
Jeff Bezos has recently divested approximately $2 billion worth of Amazon ($AMZN) stock, as indicated by financial filings. The sales spanned multiple days, commencing on […]
Brokerage Recommendations and Targets Overview: Tata Power, Apollo Hospitals, Hero Motocorp, PB Fintech, ONGC, BIOCON, LIC, United Breweries, Emami, Divi’s Lab, Bandhan Bank
CLSA on Tata Power• Target: 249• Recommendation: Sell – U.S. $5.6 billion growth premium already baked in – Stock seen ahead of fundamentals on retail […]
Boeing $BA Outperforms Q4 2023 Earnings Expectations, Focuses on Quality Enhancement and Strategic Actions
Boeing ($BA) Q4 2023 Earnings Highlights: – Revenue reaches $22.02 billion, surpassing the estimated $21.06 billion. – Commercial Airplanes Revenue records $10.48 billion, exceeding the […]
HDFC Bank Gains Traction: Mutual Funds Invest Rs 13,850 Crore in January, While Shedding Holdings in Infosys, NTPC, Bharti Airtel, and Tata Motors
In January, mutual funds focused on HDFC Bank, acquiring shares worth Rs 13,850 crore following a substantial decline due to disappointing earnings. Mutual funds purchased […]
RBI Cracks Down on Unauthorized Payment System: Visa and the Mystery Card Network Under Regulatory Scrutiny
The Reserve Bank of India (RBI) has taken strict measures against an unidentified card network for establishing an unauthorized payment system to facilitate commercial card […]
Tata Explores Spinoff for Agratas: Unlocking Potential in the Battery Business
Tata Group is reportedly contemplating the spinoff of its battery business, Agratas Energy Storage Solutions Pvt, as part of its strategic expansion into India’s renewable […]