Apollo Hospitals shares surge 6% on 63% YoY jump in Q2 profit
Shares of Apollo Hospitals surged 6% to their all-time high of Rs 7,396.30 on the BSE after the company reported a 63% year-on-year (YoY) jump in net profit to Rs …
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New payment systems could weaken dollar dominance and spike De-dollarization: JP Morgan
The signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly priced in non-USD currencies, highlighted a report by JP Morgan. “Some signs of de-dollarization are …
Coforge shares jump 14% in 2 days to hit new 52-week high post Q2 results. Should you buy, sell or hold?
Coforge shares surged 14% over the last two trading sessions, reaching a new 52-week high of Rs 7,755 during Thursday’s trading on the BSE. This increase follows the company’s announcement …
L&T shares jump 2% as JP Morgan initiates coverage, predicts 25% upside potential
Shares of Larsen & Toubro (L&T) today surged 2% to the day’s high of Rs 3,555 on BSE after the global brokerage firm JP Morgan initiated coverage on the stock …
Trump Promotes Fake Endorsement From JPMorgan CEO
Washington: Donald Trump on Friday promoted a fake endorsement from JPMorgan Chief Executive Jamie Dimon, who has not taken a side in the US presidential election. Trump posted to his …
Real-time payments gaining ground fast in Asia: JP Morgan
Mumbai: Many Asian countries including India are phasing out older payment methods such as the automated clearing house (ACH) as real-time payment systems such as UPI gain pace in the …
JP Morgan index inclusion boosts $18 bn flows into local bonds in 1 year
Since JP Morgan announced the inclusion of Indian sovereign bonds in one of the US bank’s major global debt indices a year ago, foreign investors have pumped in ₹1.5 lakh …
This Is How The Founder Of General Motors Died A Penniless Bowling Alley Operator
One hundred and sixteen years ago this week, William Crapo (yes, really) Durant founded General Motors in the hopes of creating a large conglomerate that could scoop up all the …
Bond St lights up with FPI money, more to flow in after Fed rate cut
Foreign ownership of Indian government bonds has accelerated through August as decision-influencing US data and Federal Reserve commentary point toward a rate cut later this month, but are not alarming …
dmart shares: Hot stocks: Brokerage view on Cyient, Varun Beverages and Avenue Supermarts
Brokerage firm JP Morgan maintained an overweight rating on Cyient while BofA and UBS have a buy call on Varun Beverages and Avenue Supermarts respectively. We have collated a list …