Latest News, Updates & Breaking Headlines
Nomura has a buy rating on Petronet LNG with the target price cut to Rs 340 from Rs 370. Analysts said the crisis in West Asia may hurt the company’s near-term volumes. They cut the company’s FY27 earnings before interest, taxes, depreciation and amortisation (EBITDA) by 23% as Ras Laffan may take months to come…
NEW DELHI: With India’s coal production crossing the one-billion-tonne mark for the second year in a row, govt has said adequate stocks are being maintained at thermal power plants to meet rising energy demands.India reached the one-billion-tonne coal production level on March 20. It had recorded its highest-ever coal production of 1,048 million tonnes in…
Asian markets showed a mixed performance on Friday, following modest losses on Wall Street and a retreat in oil prices after a sharp spike triggered by escalating Iran-Israel tensions.Oil had a volatile session on Thursday, with Brent crude briefly hitting $119 per barrel after Iranian attacks on Gulf energy facilities followed Israel’s strike on a…
JP Morgan has a neutral rating on HDFC Bank with the target price at Rs 1,090. Analysts said the bank’s chairman’s exit adds to macro headwinds and investor sentiment has been hit with expected elevated volatility in the near-term. They said two things stood out in the resignation letter. Firstly, the outgoing chairman cited the…
Top stocks to buy today (AI image) Stock market recommendations: Bajaj Broking Research has recommended Belrise Industries, and Jayaswal Neco Industries as the top stock picks for March 20, 2026. The brokerage also shares its views on Nifty and Bank Nifty:Index View: NiftyIndian benchmark indices remained highly volatile this week as investor sentiment stayed cautious…
Equity markets across Asia declined on Thursday, tracking losses on Wall Street after a sharp rise in oil prices above $112 per barrel and renewed concerns over inflation and interest rates dampened investor sentiment. In early trading Tokyo’s Nikkei 225 dropped 2.5% to 53,875.94, while South Korea’s Kospi fell 1.3% to 5,845.62. Hong Kong’s Hang…
Top stocks to buy today (AI image) Top stock market recommendations: Chambal Fertilisers and Chemicals, Ather Energy, and KSB are the top stocks that Aakash K Hindocha, Deputy Vice President – WM Research of Nuvama Professional Clients Group recommends buying today. He also shares his views on Nifty and Bank Nifty, let’s take a look:Index…
Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL’s 15-year green ammonia deal signed with Samsung C&T is worth $3 billion that marks monetisation of new energy investments. It’s aligned with the hydrogen and decarbonisation strategy of the company. RIL’s new energy business is valued…
CLSA noted that it does not currently observe any pricing pressure linked to AI in contract renewals for IT services firms. (AI image) Indian IT stocks rebound! Shares of major IT firms including Infosys, TCS and HCL Tech climbed by as much as 4%, supported by global brokerage CLSA reaffirming its ‘Outperform’ stance on key…
Asian equities mostly inched higher on Wednesday, tracking a pause in the recent rally in oil prices, even as investors remained cautious amid escalating tensions in the Middle East and awaited signals from the US Federal Reserve on interest rates.As of 9:15 am, Japan’s Nikkei was up 1,245.87 points or 2.32% to 54,946. South Korean…
