Tata Consumer Share Price Live Updates: Tata Consumer’s Daily Performance Update
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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…
Microsoft is headed for its worst monthly decline since December 2000 as AI spending concerns weigh on sentiment, though its cloud, software and long-term artificial intelligence growth outlook remains strong.
China’s central bank significantly boosted liquidity, injecting 600 billion yuan via overnight reverse repos, doubling Monday’s debut. This move aims to ease month-end funding pressures for banks. The People’s Bank of China maintained the borrowing cost at 1.25%, offering a new tool for fine-tuning short-term cash needs without altering broader monetary policy. This increased support…
Global financial firms are increasingly prioritising South Korea for Asia-Pacific expansion while adopting a cautious approach towards China and India, an ASIFMA-KPMG survey found. Regulatory clarity, stable policies and capital market opportunities are driving investment decisions, as firms reassess regional strategies amid geopolitical risks and operational challenges.
Gold and silver prices tumbled over 1% on Tuesday, driven by Middle East tensions and anticipated US Federal Reserve rate hikes to combat inflation. International spot gold saw its biggest monthly drop since 2008. Investors are closely watching upcoming US economic data for clues on the Fed’s next move, with analysts expecting continued volatility.
KEC International shares rose nearly 7% on Tuesday after the infrastructure EPC firm announced fresh orders worth Rs 1,754 crore across its Transmission & Distribution and Cables & Conductors businesses. The stock gained on strong order inflows, including overseas wins. The RPG Group company said the contracts span multiple segments, boosting visibility.
Motilal Oswal has initiated coverage on Tata Capital with a ‘Neutral’ rating and a target price of Rs 390, implying an 8% upside from current levels. The brokerage expects healthy AUM growth and improving profitability but believes the company’s current valuation already reflects its medium-term growth and earnings potential.
Nomura has named Bharti Airtel its top telecom pick, raising its target price to Rs 2,355 and calling it an ‘ARPU compounder’. The brokerage highlighted the company’s strong free cash flow generation, potential tariff hikes, and growth in its data centers, Airtel Money, and African businesses.
Power Finance Corporation (PFC) and REC’s boards have approved a merger, creating India’s largest power financing institution with a Rs 11 lakh crore loan book. The combined entity is poised to capitalize on the ongoing power sector capital expenditure cycle, including renewable energy and transmission projects. Analysts suggest the merger offers strategic advantages and improved…