Latest business news
Global investment firm Goldman Sachs has adopted a more optimistic view on Indian financials, suggesting that the worst may be behind for the sector. In a recent report, the brokerage highlighted early signs of improvement in asset quality and operating profitability, prompting it to upgrade select banking and financial names based on earnings visibility and…
Q4 Metals Preview: Axis Securities, in its report, indicated that in Q4FY25, the EBITDA for steel firms under its coverage, including Tata Steel and SAIL, is anticipated to show a quarter-on-quarter improvement primarily due to increased sales volumes and reduced coking consumption costs, although this will be slightly countered by a minor decline in steel…
Stock market today: The domestic indices, Nifty 50 and Sensex, experienced a slight increase in early trading on Friday following the US decision to suspend significant reciprocal tariffs, although the rise was tempered by ongoing US-China trade conflicts. As of 11:47 IST, the Nifty 50 climbed 2.09% to 22,872.65, while the Sensex advanced 2.03% to…
Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, dipped on Friday as technology shares continued their downward trend amid concerns that a recession in the US could impact growth potential. The Sensex dropped by 509.54 points to reach 75,785.82 during early trading, while the Nifty 50 decreased by 146.05 points to settle…
The Indian equity markets experienced a rollercoaster ride over the past few months, with the Nifty 50 reaching an all-time high of 26,216 on September 26, 2024, before witnessing a steep correction of 16 percent until February 28, 2025. However, March 2025 saw a strong rebound of 6.3 percent. Axis Securities believes the current risk-reward…
Christopher Wood, global head of equity strategy at Jefferies, has reshuffled his Asia ex-Japan and global long-only portfolios, making notable changes in his Indian holdings. He increased his exposure to Indian real estate and online travel stocks while trimming stakes in select banking and technology names. Wood also recommended reducing exposure to US equities, citing…
