The decline in Nestle's share price came after reports suggested that global brokerage firm BoFA Securities has downgraded the stock to 'Underperform' from 'Neutral.'
On the bourses, IndusInd Bank shares have tanked about 8 per cent in the last five trading sessions, 15 per cent in the past month and 37 per cent in the past six months
A key factor influencing the change in target price is ABB India's disappointing order inflow, which missed expectations by 24 per cent, highlighting potential challenges in the near-term
The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024
Any hike in welfare spending could act as a sentimental positive for cement and rural recovery, said Jefferies, betting on Bharti Airtel, Ultratech Cement and TVS Motor to benefit from such calls
Several brokerages have revised their target prices for DMart, citing concerns about sustained margin pressure.
Pricing weakness to chip away at earnings: Single-digit demand growth, realisations to dip
Japan-based brokerage Nomura highlighted Bajaj Finance's consistent delivery of strong numbers, citing an AUM compound annual growth rate (CAGR) of 30 per cent over FY13 to Q3FY25
Relli highlighted potential policy disruptions in the United States next year that could fuel inflation, with monetary policy responses being insufficient to address these challenges
The BSE Sensex has surged 23.26 per cent, while the Nifty50 climbed 25.29 per cent thus far in Samvat 2080
At 02:38 pm; with a marketcap of Rs 62,392 crore MOFSL was quoting 12% higher backed by a combined volume of 14.14 million equity shares on the NSE and BSE.
The fall in DMart share price came after the company's September quarter results missed street expectations.
Among individual stocks, 5Paisa declined 7.65 per cent, followed by IIFL Securities (down 4.76 per cent), Geojit Financial Services (down 3.32 per cent) and MOFSL (down 3.15 per cent).
The rise in Angel One share price came after the company announced that it will revise brokerage charges with effect from November 1, 2024
It's more of a stock specific market rather than sectors now, says Kranthi Bathini, Director-Equity of WealthMills Securities
Nuvama Wealth Management hit a new high of Rs 6,712, surging 6% on the BSE in Thursday's intra-day. The stock has more-than-doubled in just six months.
The market regulator Sebi has proposed measures to curb excessive speculation in F&O; a move that could impact trading volumes, believe analysts; Here are key levels to watch on broking related stocks
Some brokerages have reduced target prices after muted Q1 showing
MOFSL upgraded LTIMindtree to BUY with a target price of Rs 7,000 due to its superior offerings in data engineering and ERP modernization, positioning it well to capture the pre-GenAI expenditures.
All you need to know about Sebi's order on MIIs charges on turnover fees; why they should be uniform in nature and how will it impact the stock brokers and end investors.