Business
Piyush Mishra slams Naseeruddin for 'selective activism': 'Congratulate Smith Machchhar'
Piyush Mishra has taken a stand, openly questioning Naseeruddin Shah for his perceived selective activism concerning recent protests. Despite Shah's vocal support for the CJP protest, Mishra noted his lack of response to other pressing student issues, including troubling events at Lovely Professional University and in…
CAS chaos eases? Jefferies names top stock picks as options volumes recover, IPOs and commodities gain traction
Jefferies sees signs of recovery in India’s derivatives market as options volumes rebound after the disruption caused by the closing auction session (CAS). BSE’s cash-market share also rose, while MCX benefited from stronger energy options activity. The brokerage expects Groww to benefit from improving orders, higher…
Nomura sees IndiGo emerging stronger from fuel shock; initiates Buy with Rs 6,000 target
Nomura initiated coverage on InterGlobe Aviation with a Buy rating and a Rs 6,000 target price, implying around 20% upside from the September 30 close. It believes IndiGo’s low-cost model, large aircraft order book and expanding international network could strengthen its competitive edge despite elevated fuel prices.
RBI Rate Hike Debate: Inflation and crude fuel calls for October move; but what about growth costs?
To begin with, the inflation trajectory, at least until now, has largely tracked the RBI's own projected path. Unless crude prices durably reset the RBI's forward expected inflation trajectory, it is difficult to justify a hike now that the RBI itself did not deem necessary when it published its August projections…
₹ headed to 100? Why psychological red line matters
Asian Paints, Kansai Nerolac, Berger Paints slump up to 27% YTD. Is it time to buy paints stocks ahead of Diwali?
Asian Paints, Kansai Nerolac, and Berger Paints are experiencing downward pressure with year-to-date declines. Elara Securities anticipates signs of recovery, with 12-13% revenue growth, although demand remains subdued ahead of Q2 FY27, driven by dealer inventory and competitive dynamics.
US Market: Fed’s Hammack says jobs data gives time to assess rate path
Federal Reserve officials have signalled they have time to assess incoming economic data before making further changes to interest rates. Cleveland Fed President Beth Hammack said September’s weak employment report was broadly consistent with recent labour-market trends. With hiring slowing but remaining stable and…
Goolsbee says steady jobs market keeps inflation as Fed priority
Chicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the bigger policy concern. He said the Fed’s options remain open and policymakers need stronger evidence that inflation is moving sustainably toward the 2% target before deciding rates.
Jefferies initiates coverage on newly listed Dhoot Transmission; sees up to 20% upside. Here's why
Jefferies has initiated coverage on Dhoot Transmission with a Buy rating and a Rs 1,730 price target, implying 20% upside. The brokerage expects strong two-wheeler demand, premiumisation and electrification to drive growth, with newer products adding to the opportunity. It forecasts 24% revenue and 27% EPS CAGR…
Buy, Sell Or Hold: HDFC Bank, Sun Pharma, Rallis India, Trent | Ask Profit
Market experts shared their insights on fundamentals and technical levels for key stocks.
Q2 business update impact: PNB, Bank of Baroda, AU Small Finance Bank shares jump up to 4%. What lies ahead?
Shares of Punjab National Bank, Bank of Baroda and AU Small Finance Bank rose up to 4% after strong Q2 business updates. Deposits and advances recorded robust year-on-year growth across the lenders, boosting investor sentiment. Analysts expect loan growth momentum to continue, though near-term margins could remain…
HDFC Bank Reset: Rajiv Kumar Board Sets Stage For Wider Shake-Up
HDFC Bank's reset began taking shape in July, when former bureaucrat Rajiv Kumar took over as chairman. Kumar brings significant banking-sector experience to the role, having spent close to three years as Secretary, Department of Financial Services.