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Domestic brokerage house Geojit Financial Services has revised its outlook on Suzlon Energy, downgrading the stock from a ‘Buy’ to an ‘Accumulate’ rating. Despite the revised stance, the brokerage firm has increased its target price to ₹77 from the earlier ₹71, indicating a potential upside of 17 percent from previous close of ₹65.67. The adjustment…
The Indian equity markets have delivered an impressive rally since April 7th, with the broader market posting a return of 13.3% over the past one and a half months. The uptrend was initially driven by the U.S. pausing retaliatory tariffs and further supported by a ceasefire agreement that eased tensions between India and Pakistan.FIIs cautiously…
The Indian stock market underwent a correction phase from 27th September 2024 to 7th April 2025—a span of 192 days, or roughly six and a half months. This consolidation was triggered as India’s total market capitalisation (BSE) surged to ₹4.8 trillion in Sept 2024, pushing the estimated Market Capitalisation to GDP (Mcap/GDP) ratio to 145%…
The Indian stock market has delivered an impressive performance over the past month. Between April 7th and May 6th, the broader market posted a robust 9% gain on a closing basis, with an intraday swing from low to high reaching as much as 14%. This sharp rally was catalysed by a global market surge following…
The relationship between the Indian and US stock markets has evolved significantly, reflecting the distinct economic landscapes and market dynamics of each country. Recently the rolling 1years correlation equation of India to the US stock market has reduced to 0.10 after peaking at 0.96 in Sept 2024. Over the past six months in particular, the…
Following the reversal of reciprocal tariff measures, the domestic equity market staged a sharp recovery, gaining 14% within just two weeks. Amid the global sell-off, India demonstrated relative resilience, making the rebound more robust and presenting an opportunity for investors to pare down their positions as global & domestic market continue to be cautious. Also…
