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Sebi initiated action into Axis Capital after publication of a report titled ‘Is Axis Capital an Investment Bank or a Hedge Fund?’ authored by a research analyst. Continue Reading »
Experts rule out a runaway rally, given the steep valuations across large swathes of the market, expecting large caps to outperform broader markets. Continue Reading »
As of 10 a.m. Eastern time, the Dow Jones was up 1.2 per cent, the Nasdaq Composite was 2.2 per cent higher, and the S&P 500 was 1.5 per cent higher Continue Reading »
While foreign investors remain wary due to high valuations, Wood believes India’s domestic fundamentals will help cushion its markets from global volatility. Continue Reading »
The Indian stock market has gained significantly this year, with the Sensex up 15% and Nifty 50 up 17%. Experts recommend quality stocks for long-term gains amid optimism and caution. Top picks include Persistent Systems and HDFC Life. Continue Reading »
Earlier this month, global brokerage firm Goldman Sachs downgraded Indus Towers from a 'Neutral' rating to 'Sell,' lowering the target price to ₹220. Continue Reading »
Centrum Broking has initiated coverage on the wealth management sector, issuing a REDUCE rating for 360 One WAM and Nuvama Wealth. Target prices are ₹1,050 and ₹7,180, respectively, reflecting downsides for both amid a growing market for wealth management in India. Continue Reading »