Sensex, Nifty Close Higher For Third Straight Day
Analysts awaited the GDP data due at 5:30 pm for more clarity on the damage caused by the coronavirus (COVID-19) pandemic. – NDTV Profit – Latest
Month: May 2020
Vodafone Idea Denies Reports Of Possible Stake Purchase By Google
“Currently, there is no proposal as reported by the media that is being considered at the Board,” Vodafone Idea said in a regulatory filing. – NDTV Profit – Latest
Buy Reliance, target price Rs 1,748: Angel Broking
The brokerage expects the retail business to be a key value driver for Reliance over the long run. – Stocks-Markets-Economic Times
Billionaire Premji Hires Wipro CEO From His Rival
Wipro named Thierry Delaporte chief executive officer, recruiting its new leader from rival Capgemini SE as it tries to regain momentum in the tech services industry. – NDTV Profit … Read More
Economy Needs Support From PSBs, Says Union Bank Chief
Union Bank chief said that there will be a shift of credit growth in favour of the PSBs – NDTV Profit – Latest
Foreign Stakes in Top India Firms at 5-Year Low on Risk-Off Mood
Holdings of global funds in the Nifty-500 Index fell 140 basis points during the three-month period to an average 21 per cent, analysts wrote in a note. – NDTV … Read More
Share market update: PSU bank shares gain; PNB rises nearly 2%
The Nifty PSU Bank index was trading 0.81 per cent up at 1132.05. – Stocks-Markets-Economic Times
What gives Howard Marks glimmer of hope in this tough environment?
Marks believes the forecasters seem to act as if the future already exists. – Stocks-Markets-Economic Times
Buy KPIT Technologies, target price Rs 72: Centrum
The brokerage has downgraded its EBIT margin assumptions to 6.1/8.6 per cent for FY21E/FY22E (vs 7.7/9.2 per cent earlier). – Stocks-Markets-Economic Times
Share market update: FMCG shares trade higher; United Spirits gains 4%
The Nifty FMCG index was trading 2.01 per cent up at 29024.5. – Stocks-Markets-Economic Times