Polycab Shares Plunge 21%, Wiping Out Rs 15,500 Crore in Investor Wealth: FPIs Hit Hard Amid Income Tax Raid Fallout

• Foreign portfolio investors incurred a loss exceeding Rs 1,900 crore as Polycab shares dropped by 21% following an income tax raid. • The market […]

Market Insights: January 11, 2024

In the latest market activity on January 11, 2024, the balance between Domestic Institutional Investors (DIIs) and Foreign Institutional Investors (FIIs) continued to shape market […]

Brokerage Reports on Bharti Airtel, Indus Towers, GAIL, Bank of India, Zomato, QSRs, HCLTECH, Defense Sector, COFORGE, and Manappuram Fin

JEFFERIES ON TELECOM: – Bharti Airtel is favorably positioned, maintaining a “Buy” rating with a target price increase to Rs 1,300 from Rs 1,085.– Indus […]

Bulk Deal Highlights: 10th January 2024

The Indian stock market witnessed notable bulk deals on the 10th of January, 2024. Here are the major transactions that took place: NCCIn a significant […]

Mankind Pharma Joins ONDC Network to Further Strengthen its Market Reach

MankindPharma‘s Consumer Health Division, a prominent player in Indias health and wellness sector with brands like Manforce, Prega News, Gas-O-Fast, Health OK, and AcneStar has […]

Brokerage Reports: Mindspace REIT, Prestige, Sobha, DLF, Godrej Prop, Oberoi Realty, Macrotech, Embassy REIT, Sunteck Realty, Nippon AMC, HDFC AMC, KFin Tech, Max Financial, BSE, Tata Motors

HSBC’s Strategy for India: – FII inflows into Indian equities reached $21 billion by the end of 2023, with expectations for further growth. Target remains […]

Brokerage Reports: Unveiling Morgan Stanley’s Bullish Stance on Financial and Consumer Sectors, with a Negative Outlook on Others – A Comprehensive Analysis of Marico, Godrej Consumer, and Titan Amidst Evolving Market Trends

Morgan Stanley India Strategy • Certain technical indicators are nearing the sell zone. • Fundamentals are currently around mid-cycle, suggesting potential growth in upcoming quarters. […]

India is expected to surpass its FY24 target for dividends from state-run firms by at least $1.4 billion

India is likely to exceed its fiscal year 2024 target for dividends from state-run firms by a significant margin, with projections indicating a surplus of […]

Brokerage Reports: 4th January 2024

HSBC’s on Adani Ports: – Target: ₹1,250.– Earlier Target: ₹920.– Recommendation: Buy.– Brokerage Radar: – A favorable Supreme Court verdict is anticipated to simplify further […]

January 2nd, 2024: Cash Market Activity Overview

In the cash market on January 2nd, 2024: – Foreign Institutional Investors (FIIs) made a net purchase of ₹1602 crore. – Domestic Institutional Investors (DIIs) […]

Brokerage Reports: 2nd January 2024

CLSA has a buy rating on Zomato with a target price of Rs 168. The recent platform fee increase from Rs 3 to Rs 4 […]

Stocks in News: 2nd January 2024

1. TVS Motor Company: – Monthly sales: 3,01,898 units in Dec 2023, 25% YoY growth. – Exports: 8% YoY growth, totaling 85,391 units in Dec […]