valuation

Mumbai, April 9 Global brokerage firm Morgan Stanley said on Thursday that the Indian markets are poised for a strong rally, with the Sensex likely to touch the 95,000 level by December 2026.In its latest India Equity Strategy Playbook report, the brokerage firm said that the current...

New Delhi, April 7 Tata Mutual Fund announced on Tuesday the resumption of all fresh inflows through lump-sum and switch-in applications for the Tata Small Cap Fund, effective April 6.This decision follows a period where the fund house had restricted lump-sum inflows to manage liquidity and...

FPI Outflows Hit Record High in March as Global Tensions and Macro Pressures Weigh on Indian Equities Foreign Investors Pull Out USD 12.3 Billion Amid Rising Uncertainty New Delhi, March 29: Foreign portfolio investors (FPIs) have withdrawn approximately USD 12.3 billion, equivalent to ₹1.14...

Sebi Confirms Restrictions on Par Drugs’ Proposed Slump Sale Regulatory Action Pending Investigation New Delhi, March 26 – The Securities and Exchange Board of India (Sebi) has confirmed its previous directions against Par Drugs and Chemicals Ltd (PDCL) regarding a proposed slump sale of its...

New Delhi, March 25 Jio Platforms is likely to file its Draft Red Herring Prospectus (DRHP) with Sebi in the coming days, paving the way for what could be India's largest-ever IPO.According to market sources, the offering will be structured as a sale offer, with several existing foreign...

Government May Explore OFS Route to Raise Public Shareholding in IDBI Bank New Delhi, March 22: The government is considering selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, following an unsuccessful attempt to divest its stake in the...

Nuvama Upgrades HCLTech, Wipro, Tech Mahindra, Hexaware to ‘Buy’; Now Bullish on All Top 10 Indian IT Stocks Mumbai, March 11: Brokerage firm Nuvama has turned bullish on the entire top 10 Indian IT services companies, assigning a “buy” rating to all of them after upgrading its recommendations...

HSBC Initiates Coverage on Meesho With Hold Rating, Sets Target Price of ₹160 HSBC has initiated coverage on e-commerce company Meesho with a Hold rating and a price target of ₹160 per share. The brokerage said the target implies a potential upside of about 12 percent from the current market...

ByteDance Valuation Jumps 66% From Last Year’s Buyback Investment firm General Atlantic is selling a stake in ByteDance in a deal that values the Chinese social media giant at $550 billion, according to people familiar with the matter. The transaction marks a dramatic increase in the valuation...

Foreign Portfolio Investors Boost Indian Equities as February Inflows Top Domestic Buying Foreign inflows into Indian equities are gathering momentum, with overseas investors outpacing domestic institutions in February for the first time in 17 months. The renewed interest comes amid signs of...

UBS Says Indian IT Sell-Off Is Misread, AI Seen as Opportunity Not Threat Indian IT stocks may be facing misplaced fears around artificial intelligence, according to UBS, which believes the recent correction in the sector is being misinterpreted by the market.Hartmut Issel, Head of APAC...

Steel Authority of India Shares in Focus as Emkay Global Reaffirms Buy, Raises Target to ₹200 Shares of Steel Authority of India Ltd are expected to remain in focus on Wednesday, February 25, after brokerage firm Emkay Global reiterated its Buy rating and raised the stock’s price target by 14...

Mumbai, February 24: India’s benchmark equity indices closed sharply lower on Tuesday, logging their steepest decline in four sessions as heavy selling in banking, infrastructure and information technology stocks weighed on sentiment. Fresh concerns over United States trade policy unsettled...