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Accenture’s results offer a mixed bag for IT investors—while there’s optimism around improved growth, lack of clarity on revenue revival persists. Clients' focus on cost optimization and slow ramp-ups in managed services point to a cautious outlook for India's IT sector. Continue Reading »
National Stock Exchange (NSE) on Friday deferred the implementation of same-day transaction settlement or T+0 rolling settlement cycle in the capital market segment. Continue Reading »
The sugar industry is advocating for an increase in the minimum selling price (MSP) of sugar, currently set at ₹31 per kg, alongside a rise in ethanol prices. The government has not adjusted ethanol prices since the 2022–23 supply year (November–October). Continue Reading »
Goldman Sachs upgraded Westlife Foodworld to 'buy' with a target price of ₹1,075, citing recovery potential from new product launches like the McCrispy platform. Shares surged over 9% following the recommendation, reflecting optimism for future same-store sales growth. Continue Reading »
UBS has maintained a sell rating on Hero MotoCorp with a target price of ₹3,350, citing concerns over declining retail market share and rising inventory levels despite a 102% stock surge in the past year. Continue Reading »
IT stocks surged on September 27, boosting the Nifty IT index by nearly 3%, driven by Accenture's strong Q4FY24 results and positive FY25 revenue guidance. Experts remain optimistic but advise selective stock picking amid cautious spending outlook. Continue Reading »
Manba Finance IPO allotment has been fixed and now the applicants look ahead to the Manba Finance IPO listing date which is likely September 30. Check out what GMP ahead of share listing signals: Continue Reading »