[ad_1] The GIFT Nifty is indicating a start deep in the red for the equity markets. US markets too are likely to see pain continuing after the sell-off witnessed across Thursday and Friday. In a scenario like this, what should investors do? How should they position themselves? What lies ahead for the equity markets, particularly […]
CLSA expects this lender to become a ‘large’ bank from a ‘local’ one; expects 19% upside – CNBC TV18
[ad_1] Brokerage firm CLSA has initiated coverage on Federal Bank Ltd. and projected an upside of nearly 19% on the stock from its previous closing price. CLSA initiated coverage with a “buy” rating on Federal Bank with a price target of ₹230 per share. The stock ended Thursday’s session at ₹194.14 apiece. The brokerage said […]
Stocks To Buy: This analyst sees these two power financier shares rising up to 60% – CNBC TV18
[ad_1] Brokerage firm CLSA has maintained its ‘outperform’ rating on power financier stocks REC Ltd. and Power Finance Corporation Ltd. (PFC), on Friday, February 28. CLSA has a price target of ₹590 apiece on REC, an upside of 56% from its previous closing price and a target of ₹540 per share on PFC, which implies […]
Three out of every four stocks on the Nifty500 index are trading below their 200-day moving averages – CNBC TV18
[ad_1] The benchmark Nifty50 may have recovered from its seven-month low on Wednesday, but the broader markets are still in the pain. Even as the Nifty50 surged as much as 1% from the day’s lows to end the session at 23155.35 points on Wednesday (January 22), both the Midcap and Smallcap ended the day in […]
CLSA not expecting big returns in 2025, sees single-digit gains for Indian market – CNBC TV18
[ad_1] Vikash Kumar Jain, India Strategist and Head of Research at CLSA, shared his outlook for the Indian market in 2025, stating that he is not gunning for big returns this year, would be happy with single-digit returns for Indian market. Jain said, “We need bond yields to not go much higher and also, at […]
CLSA raises India allocation on inflow expectations, cuts China exposure – CNBC TV18
[ad_1] In a strategic shift, brokerage firm CLSA has raised its exposure to India while trimming its investments in China, citing expectations of stronger future inflows into the Indian market and growing concerns over China’s economic outlook. “We reverse our tactical allocation in early October, returning to a benchmark on China and a 20% overweight […]
Mahindra & Mahindra rises 3% after CLSA upgrades rating to ‘Outperform’ – CNBC TV18
[ad_1] Shares of Mahindra & Mahindra surged over 3% on Tuesday after brokerage firm CLSA upgraded its rating on the stock to ‘outperform’ from ‘sell’. CLSA also revised its target price to ₹3,400, suggesting an 11% potential upside from Monday’s closing price of ₹3,061.15. CLSA highlighted that the profitable growth in M&M’s SUV segment, along […]
Explained: Why brokerages are divided on Indian IT sector – CNBC TV18
[ad_1] On Tuesday, October 1, the Indian IT sector drew attention due to fresh insights from major brokerage firms. After a 14% surge in Nifty IT last quarter, opinions are now split on its future: some see the rally as overextended, while others remain cautiously optimistic. As per CLSA, the recent surge in Nifty IT […]