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RPS Ventures sells 0.9% stake in Meesho for Rs 899.7 croreAs of June 30, RPS Ventures held a 1.2% stake in Meesho. Norges Bank, Fidelity, Goldman Sachs, Morgan Stanley and Citigroup were among the ...
How will MDR on UPI affect your mutual fund investments? Will AMCs and brokers pass on the costs to users?The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transaction payments. One-time investments ...
Steel prices to stay firm as tight supply, duties fuel dealer inventory build-up: Centrum reportDomestic steel prices are forecasted to remain strong in the coming months due to tight supply constraints. Dealers are actively building i...
Meesho shares drop 4% after block deal worth Rs 900 crore. Should you buy the dip?Meesho shares witnessed a dip on Wednesday after 3.86 crore shares changed hands in a block deal worth Rs 899.71 crore on the BSE. The tran...
360 ONE WAM shares rise over 2% after appointing Jefferies India Head and MD as new CEO360 ONE WAM appoints Jefferies India Country Head Aashish Agarwal as Group CEO, with founders Karan Bhagat and Yatin Shah taking focused le...
5 Adani group stocks in focus as firms settle Sebi proceedings linked to Hindenburg reportFive Adani Group companies have settled Sebi proceedings over alleged disclosure and corporate governance violations, paying a combined Rs ...
Fortis audit order could drag listed firms into promoters' personal debt cases: InGovernInGovern has warned that the Delhi High Court’s Fortis Healthcare forensic audit order could set a wider precedent, potentially exposing li...
Meesho shares rally 12% after UBS hikes target price by 24%. What’s keeping analysts bullish?UBS has raised its Meesho estimates across NMV, contribution profit and EBITDA, citing stronger seller and buyer growth and improving unit ...
Motilal Oswal initiates Buy on Solar Industries, sees 24% upside. 4 reasons whyMotilal Oswal has initiated coverage on Solar Industries with a Buy rating and a target price of Rs 23,000, citing strong growth prospects ...
Sensex rises 110 points, Nifty above 23,450 as oil prices, bond yields cool down. Time for a sectoral pivot?Indian equities traded higher as softer crude prices and easing bond yields improved sentiment. Sensex and Nifty extended gains, while broa...
Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating...
OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?Shares of OFSS fell over 7% while top IT stocks including Infosys, Wipro, and Coforge dropped up to 2% on Monday. The drag comes following ...
JSW Cement shares gain 2% after Motilal Oswal upgrades stock to Buy. Check target priceJSW Cement shares gained nearly 2% after Motilal Oswal upgraded the stock to Buy from Neutral, citing strong volume growth, North India exp...
India’s growth engine still has plenty of runway with earnings set to accelerate: JefferiesJefferies expects India’s real GDP growth to stay at 6.5-7% in the current fiscal, with corporate earnings growth accelerating to 17% next ...
AI could double US GDP growth to 4% next year amid capital hurdles, says Elon MuskThe projection comes at a time when the broader artificial intelligence investment landscape encounters its first major macroeconomic test,...
Jefferies hikes Navin Fluorine share price target, forecasts 14% upside. 4 reasons whyJefferies has retained its Buy rating on Navin Fluorine International and raised its price target to Rs 9,405, citing growth prospects in C...
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picksMotilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings gro...
SEC gives tokenized stock trading platforms five-year regulatory reliefThe US SEC has granted a five-year exemption to platforms offering tokenized stocks, easing regulatory hurdles for blockchain-based share t...
New UPI MDR Explained: Impact on mutual funds, brokers & investorsThe implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, including one-time contributions to mutua...
CLSA hikes Sterlite Tech share price target by 47%; maintains Outperform call on stock that’s up 775% YTDSterlite Tech shares gained 2% after CLSA raised its target price by 47% to Rs 1,400, implying a 55.55% upside, while retaining its Outperf...