UBS

Jain said overall, the group expects rural demand to remain more resilient than in previous episodes of monsoon-related stress, even as growth moderates from current levels

UBS initiated coverage on CarTrade with a Buy rating and price target of ₹4,000, driven by significant top-line growth, as current revenue across its platforms represents only 3-4% of TAM.

The combined wealth of the world's billionaires grew 25 per cent over the past year, while global personal wealth recorded its strongest annual growth since 2017

UBS hosted executives from 10 midcap companies, including Astral, Bharat Forge, Kaynes Technology India, Quality Power, Angel One, Bandhan Bank, among others during Emerging India Mid-Cap Conference

Silver, on the other hand, UBS said, is likely to remain volatile going ahead in the backdrop of the sharp run seen in the last few months and the ensuing correction seen in the white metal recently.

UBS said it accepts and deeply regrets that the World War Two era was a dark period in the history of Swiss banking

Stance stems from weak nominal GDP momentum, stretched valuations, lack of clear AI beneficiaries

From near 90 per dollar levels currently, UBS's forecast implies a roughly 2 per cent depreciation over three months, well beyond the March ​forward rate that's near 90.55

UBS believes Axis Bank has moved past the most challenging phase of its operating cycle and is now positioned for a gradual re-rating.

The Zurich-based bank said the decision will resolve all of the outstanding payments owed from a settlement on the matter originally made by Credit Suisse in 2017

It's not that investors now know the costs of Switzerland's beefed-up "too big to fail" rules, which follow Credit Suisse's 2023 collapse. There's a lot of uncertainty about the draft law's final form

UBS ups India's economic growth outlook on strong Q4 performance, rural demand rebound, easing trade tensions, and low oil prices

UBS downgrades Indian equities to neutral citing high valuations despite ordinary earnings, with retail flows driving premium and FPI flows hinging on fundamentals

Havells rallied as much as 6.53 per cent to hit an intraday high of Rs 1,669 per share, while Voltas zoomed 5.55 per cent to hit an intraday high of Rs 1,331

The deceleration is underpinned by a long-term moderation in credit growth, foreign direct investment, export competitiveness and earnings potential, UBS said

Swiss parliament formed a committee in June last year to probe the official response to the 167-year-old bank's demise

Derivative data also offers an interesting narrative, with foreign institutional investors (FIIs) starting the December series with 67 per cent short positions in index futures

UBS highlighted that further business growth must now be driven by revenue, as most cost optimisation efforts have already been realised

UBS analysts have raised gold's target to $2,750 per oz by end-2024 (from $2,600 per oz), $2,850 per oz by mid-2025 (from $2,700 per oz), and $2,900 per oz by end-3Q25 (from $2,750 per oz)

Hero MotoCorp share price today declined 2.7 per cent in the intraday trade on Thursday. Read why global brokerage UBS sees nearly 45 per cent downside in the two-wheeler company's stock price