Nifty ended April derivative series higher by 1.1% in which market-wide rollovers were marginally higher as compared to the previous month and stood at 93.2% vs 92.9% last expiry. Thursday’s session saw Kotak Mahindra Bank shares ending 11% lower at Rs 1,643 on NSE while Hitachi Energy India shares ended nearly 14% up at Rs … Read more
Brokerage firm Jefferies maintained a buy on JB Pharma, Citigroup has a buy rating on Nestle India, CLSA recommended a sell on Nazara Technologies and Morgan Stanley maintained an Equal Weight rating on Trent. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on JB Pharma: Buy| … Read more
By Bloomberg Published Feb 2, 2024 Chanel named two executives to replace Vincent Shaw, its Asia Pacific president, when he steps down later this year, as turnover picks up among members of the fashion house’s old guard. Renaud Bailly, Chanel China and Angelica Cheung, Vogue China – Vogue Shaw will retire at the end of … Read more
Tata Consumer shares on Friday rallied up to 4% to a fresh 52-week high of Rs 1,161 on BSE after ET reported that the FMCG firm is all set to acquire Ching’s Secret-maker Capital Foods and Organic India. Last month, Tata Consumer became the sixth Tata Group stock to cross the Rs 1 lakh crore … Read more
Abneesh Roy, ED, Nuvama Institutional Equities, says “our top picks in consumer stocks will be essentially United Breweries, Nestle, Bajaj Consumer, Tata Consumer, and Dabur. From a Q3 results perspective, Bajaj Consumer and Indigo Paints, these two small companies will see good numbers in the December quarter. Bajaj Consumer because of the festival related benefit … Read more
Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more
GIFT Nifty on the NSE IX traded 19.5 points, or 0.09 per cent, lower at 21,466.50, signaling that Dalal Street was headed for negative start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons. Sapphire FoodsIn Sapphire Foods, promoter group entities – Sapphire Foods Mauritius and Samara Capital … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/25420631/Screen_Shot_2024_04_26_at_1.29.30_PM.png)
