New Delhi: Domestic brokerage firm Kotak Securities remains bearish on & Petrochemicals (), signalling more pain left in the counter, although the brokerage has raised its target price.
The brokerage has maintained 'sell' tag and a…
Dear Amy: “Mary” and I were acquaintances in college. We didn’t talk for years after graduating but would see each other sometimes at bars and say hello.In 2020, she decided that she wanted to develop a friendship with me.I…
NEW DELHI: Two initiations of coverage on the same day on recently listed Delhivery had two entirely different calls. While Credit Suisse came out with an outperform rating on the stock, believes people should sell the stock.
The bearish…
In an interview with ETMarkets, Malhotra said: “Some of the good-quality stocks are in oversold zones, as well as fundamentally sound buoyed by their strong set of recent quarterly numbers.” Edited excerpts:
A volatile week for Indian…
Equity markets had a very disappointing and structured session on Thursday. The market opened with a strong gap-down, grew weaker as the day progressed and ended with a deep cut. The markets inherited a very weak overnight trade setup; the…
As Canon kicked off Japan’s corporate earnings season in late April with an upgrade to its annual profit guidance, chief executive Fujio Mitarai welcomed the yen’s sharp decline as “a big plus” for the printer maker. Canon has been…
Rising rates are often a sign of good times ahead for bank stocks. But sometimes you can have too much, too fast, of a good thing.
Higher interest rates have many benefits for lenders, as the…
The Reserve Bank of India in its March 2022 Bulletin has said that the ongoing geopolitical crisis, i.e, the Russia-Ukraine war, has heightened the uncertainty clouding the global macroeconomic and financial landscape.
The global economy's…