Stock Market Today: Benchmark indices Nifty-50 and S&P BSE Sensex may have rebounded more than 1% during intraday trades on Tuesday, the steep fall in the indices on Monday has led to rising concerns. The impact of global cues had led to sharp fall of more than 3% in the […]
Jefferies
China, traditionally one of Asia’s biggest consumers of gold alongside India, appears to be turning its back on the yellow metal, according to Christopher Wood, Global Head of Equity Strategy at Jefferies. In his latest “Greed & Fear” report, Wood outlines the signs of weakening Chinese demand, reflecting a shift […]
Stock Market Today: V-Guard Industries Ltd share price that has gained almost 56% year to date , however is trading flat since results on 24 July’2024. Analysts nevertheless remain bullish on the V-Guard share price and those at Jefferies India Ltd have given target price of ₹530 indicates an upside […]
Gold prices in India have escalated significantly, hitting record levels, which is expected to support further growth for gold NBFCs such as Muthoot Finance and Manappuram Finance, according to foreign brokerage firm Jefferies. Jefferies has initiated coverage on Muthoot Finance and Manappuram Finance with a ‘Buy’ rating. It has Muthoot […]
Ever since Jio Financial Services Ltd (JFSL) was listed in July 2023, investors have been awaiting news on the potential listing of another subsidiary of Reliance Industries Ltd (RIL) – its telecom arm Jio Platforms Ltd. While it’s likely to be listed in the near future, the key question is […]
The first reaction to the general election result was negative with a 5.9% decline in the Nifty index on June 4, though the market ended last quarter up 9.7% from where it closed that day. The initial reaction was no surprise since the failure of the BJP to obtain the […]
Markets- Budget: Jefferies India Pvt Ltd expects budget to bring a positive for several domestic sectors such as affordable housing, capex plays, consumer, rate-sensitives etc. On the other hand expects Information Technology & Pharma to lack triggers. The Government can afford higher capex, social spending In the strategy note on […]
Stock Market Today: Tata Steel share price after declining more than 5% on Thursday post Q4 results a day earlier, rebounded around 1% on Friday, during morning trades. Analysts said that Tata steel Q4 Results performance was decent but the stock reacted to the decline in per tonne India profitability […]
‘’As diversification plays out, we see potential for re-rating. We raise target price to ₹600 (from ₹460) based on 19x Jun-26 PE and add this among our top-picks in mid-cap space with ‘buy’ rating. Steady growth in cash-trx segment and a better than expected ramp-up of non-cash transaction business can […]
Q4 Results: V-Guard Industries share price has risen more than 47% in a year and is also trading near 52 week highs seen last week. The Q4 performance remained decent with uptick in sales for Electronics and Electricals segments as well as rising consumer durables and acquired Sunflame sales. ‘ […]