Axis Bank Share Price Live Updates: Axis Bank Financial Performance
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Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced marginal losses. Escalating Iran-US conflict and rising oil prices added to investor caution. Foreign investors remained net sellers of Indian equities on Thursday. Analysts advise caution due to market range-bound construction and rupee…
Polycab India shares slipped 4% on Friday despite the company reporting its best-ever first-quarter performance. Q1FY27 net profit rose 33% year-on-year to Rs 797 crore, while consolidated revenue jumped 39% to Rs 8,210 crore. Strong growth in the Wires & Cables and Fast-Moving Electrical Goods (FMEG) businesses drove the robust earnings, even as investors booked…
Groww shares rebounded on Friday after a sharp decline in the previous session as brokerages remained upbeat following strong Q1FY27 earnings. Jefferies, JM Financial and Motilal Oswal reiterated Buy ratings, citing robust profit growth, improving operating leverage, market share gains and diversified revenue streams, with targets of Rs 250.
China is accelerating national infrastructure projects to boost economic growth this year. This strategy aims to offset reduced local government investment and tighten spending oversight. Beijing plans significant spending on various infrastructure upgrades and high-tech industries. Local governments face debt constraints, limiting their investment capacity and borrowing. Central government responsibility for growth support is increasing…
Chinese memory chipmaker CXMT’s IPO attracted strong retail investor interest. The retail tranche was oversubscribed by 243.93 times, showing robust demand. This oversubscription level was lower than recent Chinese listings, reflecting investor caution. Tech shares have faced volatility amid concerns over valuations and market liquidity. State media sought to reassure investors about the offering’s market…
Chinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. Investor sentiment weakened as concerns grew that CXMT’s $8.6 billion IPO and a pipeline of large listings could drain market liquidity, triggering heavy selling in AI and semiconductor stocks.
Dolat Capital has initiated coverage on NSE with a ‘sell’ rating and a Rs 1,550 target, implying 26% downside from its unlisted-market price. The brokerage expects tighter derivatives regulations, falling options volumes and market-share losses to curb growth, making NSE’s rich valuation difficult to justify ahead of its planned $3 billion IPO.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…