Sebi Chairperson Madhabi Puri Buch on Monday said the capital markets regulator is looking to introduce an entirely new architecture where the industry evolves ways to implement rules
Sebi Chairperson Madhabi Puri Buch on Monday said the capital markets regulator is working on instant transaction settlement in the stock markets
Recent rally, soft outlook for O2C business may pull stock down
Margin gains going ahead is a key positive
Sequentially, margins are expected to contract in the first quarter (Q1) of 2023-24 financial year (FY24) versus Q4 FY23
Orders remained robust while Q1 margins came in line with estimates
Muted sequential Q1 performance may cap near-term upsides
United Spirits is expected to post an overall 11 per cent decline in revenues in Q1 FY24
Nifty IT index jumps 4.5%; Bellwether TCS leads the gain
The stock hit a high of Rs 444 and a low of Rs 401 on the BSE
The positive from TCS' point of view, which reported flat sales growth QoQ, was the strong order book which topped the $10.2-billion mark
Upsides higher on Cochin Shipyards and Garden Reach Shipbuilders than Mazagon
But analysts' target prices suggest limited upside in HDFC Life and ICICI Pru Life, and between 15-20 per cent for SBI Life, Max Life and LIC
RBI's pause in interest rate hikes and a continuation of the revival of private consumption would boost NBFCs in the first quarter (Q1) FY24
Cyient DLM's key clients include Honeywell International, ABB, and Bharat Electronics
But valuations rich after the run-up in the last three months
Management guidance was that demand for coal-based thermal power has picked up due to higher demand for power
The Sensex last closed at 65,786, up 340 points, or 0.5 per cent
The price point of the new bikes is similar to RE's top-selling Classic 350 but have more power and torque
Though most analysts are bullish on the stock, their average target price indicates that near-term positives are well captured