1 / 9 Yes Bank | Private sector lender is facing two senior-level exits across in private and SME banking verticals, prompting a portfolio reshuffle, two people directly aware of the matter told CNBC-TV18 on the condition of anonymity. Dhavan Shah, Country Head of SME Banking, and Akshay Sapru, Country Head of Private Banking & […]
JPMorgan cuts share price target, EPS estimates for ITC, highlights key catalysts – CNBC TV18
Brokerage firm JPMorgan on Tuesday, April 1, cut its target price on ITC Ltd. and reduced its earnings per shares estimate for FY25-FY27 after the company’s latest acquisition. However, JPMorgan maintained its “overweight” rating on the stock with a price target of ₹475 per share, which implies a potential upside of nearly 16% from its […]
FMCG stocks continue to decline, slips to eight-month low – CNBC TV18
The enthusiasm around the reduction of income tax and cut in interest rate seemed short-lived. The Nifty FMCG Index, which rallied nearly 5% on Budget day, erased all gains on Friday (February 7). The gauge for the fast-moving consumer goods has now come off 6% over the last five sessions. Company Value Change %Change Market […]
Trade Setup for February 7: Nifty pins hopes on an RBI rate cut for a dash to 24,000 – CNBC TV18
The market has erred on the side of caution for a better part of this week despite a strong upmove seen on Tuesday. Since then, the market has been rangebound and the usual weekly options expiry related volatility too was missing from the Nifty during Thursday’s trading session. Company Value Change %Change Of course, the […]
Trade Setup for February 6: Experts suggest using Nifty 50 dips as buying opportunity ahead of weekly expiry – CNBC TV18
Once again, Wednesday’s trading activity started with a gap-up opening, but unlike Tuesday, there was no follow-through buying. The market shifted into a narrow high-low band for the better part of the session. For most of the day, prices oscillated within a range, though mild profit booking was seen towards the end, leading to Nifty […]
Six Nifty companies report results on Thursday; Here’s what is expected – CNBC TV18
As many as six Nifty companies, Bharti Airtel Ltd., Britannia Ltd. Hero MotoCorp Ltd., ITC Ltd., India’s largest lender State Bank of India Ltd. and Tata Group’s Trent Ltd. will be reporting their December quarter results on Thursday, February 6. Company Value Change %Change FMCG Major ITC will be reporting results on Thursday and the […]
Budget 2025: ITC a winner, re-rating play, analysts say, as Cigarette tax concerns ease – CNBC TV18
ITC Ltd. has emerged as a winner from the Union Budget 2025 as tobacco taxes were left unchanged by the government this time around, according to most analysts who have coverage on the stock. No announcement to that effect was made by Finance Minister Nirmala Sitharaman during her eighth budget address on Saturday, February 1. […]
Trade Setup for February 3: Nifty looks for clear direction after digesting Budget fineprint amid trump tariff worries – CNBC TV18
Following a sustained upmove over the last four trading sessions, the Nifty 50 index witnessed high volatility on Union Budget 2025 in the Parliament. The special trading session on Saturday (February 1) saw the index open on a positive note and moved up further till 11 am. Company Value Change %Change However, as Finance Minister […]
Top Picks: ITC, Trent, NTPC among top budget picks from B&K Securities – CNBC TV18
Brokerage firm B&K Securities wrote in its note post the Union Budget of 2025 that the anticipated announcements on income tax reforms are critical. These reforms could significantly impact disposable income, consumer spending, and overall market sentiment. Company Value Change %Change In her eighth budget speech on February 1, Union Finance Minister Nirmala Sitharmaan announced […]
Budget 2025: The most important stock to watch – CNBC TV18
ITC Ltd. will be the most important stock to watch out for ahead of Finance Minister Nirmala Sitharaman’s Union Budget speech on Saturday, February 1. Company Value Change %Change The cigarettes-to-hotels conglomerate remains in focus as there is expectations of a hike in excise on cigarettes. The expectations are higher because there has not been […]