Zomato shares may rally up to Rs 292 in near term: Anand James
Following a sharp 17% rally in Zomato shares amid blockbuster results, the new-age stock could rally to Rs 292 in the near term, with a stop loss at Rs 252-240, …
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Adani Energy shares jump 10%, hit 52-week high on strong response to QIP
Shares of Adani Energy Solutions surged nearly 10% on Thursday after the $1-billion qualified institutional placement (QIP) was oversubscribed six times, garnering a demand of over Rs 50,000 crore according …
SBI, Canara Bank to raise Rs 19,000 crore via bonds
State-owned lenders State Bank of India and Canara Bank are likely to raise up to ₹19,000 crore through debt issuances in coming weeks as banks step up fund mobilisation through …
Adani Energy’s $1-billion QIP subscribed over 6 times
Duquesne Family Office, the fund founded by billionaire investor Stanley Druckenmiller, and two other US-based long-only funds – Driehaus Capital Management and Jennison Associates – have invested in the qualified …
investment strategy: Infra, construction sector continue to remain attractive for long term: Sudip Bandyopadhyay
“So, we will have to wait and watch, but as things stand today, the commodity prices are under pressure, metal prices are under pressure, and we will have to wait …
Will Nifty cross 25,000 this week? Fed meeting & 5 other factors to watch out for
Will Nifty cross 25,000 this week? Fed meeting & 5 other factors to watch out for Driven by positive US GDP data, expectations of improved global demand and unflinching faith …
Yes Bank in stake sale talks to give exit to its lenders
Mumbai: Private sector lender Yes Bank is working towards giving an exit to its current shareholders, particularly State Bank of India (SBI), managing director and chief executive Prashant Kumar told …
Bank Nifty: Bank stocks fall for a third day on Q1 slip
Mumbai: Bank shares stretched losses to the third straight day on Thursday, reversing a portion of the recent gains, dragged down by weaker-than-expected first-quarter earnings from these lenders The Bank …
budget impact: Capital gains tax hike can impact valuation, little upside left in Nifty: Nomura
Besides macro factors and solid earnings growth, one of the biggest reasons behind higher valuation multiples on Dalal Street is the unflinching faith shown by domestic investors. But the valuation …
LIC shares soar 74% in 1 year, leading returns among top 10 firms by market cap
Shares of Life Insurance Corp have delivered the highest returns among the top 10 companies by market capitalisation in the last one year period. The insurer, which is the only …