ICICI Securities has an ‘add’ recommendation on LIC Housing Finance with a target price of Rs 640 (+11%). Analysts said the company’s margin fell for the third consecutive quarter to an eight-quarter low on the back of pressure on yields. Asset quality metrics, however, continue to exhibit resilience. Given the stock is currently inexpensive, they…
Stock Recos by Brokers 040225 BofA Securities has maintained its ‘buy’ recommendation on Reliance Industries with a target price of Rs 1,550 (+24%). Analysts feel that the launch of Chinese fast fashion major Shein through RIL’s platform is directionally positive for the company. They see upside risks to RIL’s retail revenue and EBITDA estimates on…
London’s FTSE 100 Index tumbled down, plunging by 1.2 per cent during early trade on Monday, following concerns over a new wave of US tariffs uncertain global markets. The blue-chip index fell 105.8 points to 8,568.2 after US President Donald Trump announced fresh tariffs and warned that the European Union could be next in line.Trump…
Nifty maintains positive momentum but faces resistance at 23,500-23,600 levels. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade on Monday morning. While BSE Sensex went below 77,000, Nifty50 was near 23,250. At 9:16 AM, BSE Sensex was trading at 76,843.16, down 663 points or 0.86%. Nifty50…
It remains important to consider the potential impact of a US market downturn, considering past patterns. (AI image) Economic Survey 2024-2025: Is the Indian stock market headed for a meaningful correction in 2025? The Economic Survey 2025 tabled in Parliament ahead of Budget 2025 has pointed to risks for the Indian stock market in 2025,…
Market participants are keenly observing Budget-related developments, particularly focusing on capital expenditure. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday, a day ahead of the Union Budget 2025 presentation. While BSE Sensex was near 76,900, Nifty50 was above 23,300. At 9:17 AM, BSE Sensex…
NEW DELHI: The stock market is set for a 360 degrees transition in the coming days, with a potential recovery following a period of uncertainty and sluggish growth, according to a recent report by Morgan Stanley .“A growth slowdown has unnerved the market. We believe growth is returning soon,” the firm stated, signalling optimism despite…
Top stock picks for today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Concor, Aditya Birla Real Estate and Ramco Cements are the top stock picks for today:CONCOR: BUY Between ₹740 – ₹730 | SL: ₹699 | TGT: ₹815CONCOR has been correcting from its…
Two years ago, when big-name Chinese technology companies like Baidu and Alibaba were chasing Silicon Valley’s advances in artificial intelligence with splashy announcements and new chatbots, DeepSeek took a different approach. It zeroed in on research. The strategy paid off. The Chinese start-up has jolted the tech world with its claim that it created a…
Nifty displays a negative short-term trend, with support at 22,700-22,650 levels. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Tuesday. While BSE Sensex rose over 1,100 points intraday, Nifty50 went above 23,100. BSE Sensex ended the day at 75,901.41, up 535 points or 0.71%….