Greenlam Industries executes share subscription agreement with Smiti HoldingGreenlam Industries has executed a share subscription agreement with Smiti Holding and Trading Company for allotment of upto 63.1 lakh equity shares at a price of Rs 309 per share.
Long-term investors should buy the coming dips, says Sandeep Bhatia of Macquarie Group
We expect another 10% correction in the market as India’s valuation is still most expensive among emerging markets, We have a Nifty target of 14500
Market at 12 PMBenchmark indices continued to trade lower with Nifty below 15500.At 12:05 IST, the Sensex was down 516.77 points or 0.98% at 52015.30, and the Nifty was down 172.40 points or 1.10% at 15466.40. About 1212 shares have advanced, 1752 shares declined, and 112 shares are unchanged.
ALERT | US Futures at day’s low, with Dow Futures down over 300 points
Nifty Pharma Index fell 1 percent dragged by Granules India, Biocon, Strides Pharma Science
IT stocks down up to 50% from 52-week highs but analysts still won’t signal ‘buy’
Economic uncertainty, FII outflows and a possible recession in the US continue to cloud the outlook for the sector in the short as well as medium term, analysts say
Jefferies View On Reliance Industries
Research house Jefferies has maintained buy rating on Reliance Industries with a target at Rs 2,950 per share, with likely earnings upgrade.
The correction offers the opportunity, while there are tailwinds to refining margin in CY22.
The company could deliver 60% sequential growth in O2C EBITDA in Q1FY23.
Reliance Industries was quoting at Rs 2,537.75, down Rs 46.80, or 1.81 percent on the BSE.
Cyient strengthens its V&V factory with CyFAST
Cyient announced the launch of an AI-Powered Framework for Automated System and Software Testing (CyFAST), to accelerate end-to-end test automation.
Cyient was quoting at Rs 797.75, down Rs 4.60, or 0.57 percent.
BSE Midcap index shed 1 percent dragged by the Jindal Steel, Sun TV Network, IDFC First Bank
The metal index was down over 3 percent dragged by NALCO, JSPL, Hindalco and SAIL
Rolling returns: 7 out of 10 times this paint stock turned multibagger if held for 3 years
Moneycontrol analysed the performance of India’s Big 3 paint players over the last 15 years and here is what we found
#OnCNBCTV18 | If $ moves continue, it will be difficult not to allow some depreciation. Inflation below 6% next year in Jan-March, will give RBI breathing space, says Samiran Chakraborty of Citi Research pic.twitter.com/Z9tdVVkT8l— CNBC-TV18 (@CNBCTV18Live) June 22, 2022