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Source: Live Mint Jefferies has expressed a positive outlook on the Indian automobile sector, identifying Mahindra & Mahindra (M&M), Eicher Motors, and TVS Motor as its top three investment picks. The brokerage expects a robust growth trajectory for two-wheelers and tractors, projecting a compound annual growth rate (CAGR) of 13-15 per cent over the next…
Source: Live Mint Global brokerage firm Jefferies has brought back HDFC Bank to its Asia ex-Japan long-only portfolio. At the same time, it has trimmed its investments in Macrotech Developers, Larsen & Toubro (L&T), ICICI Bank and Axis Bank by one percentage point each. “An investment in HDFC Bank will be reintroduced in the Asia…
Source: Live Mint Global brokerage firm Jefferies is cautious about the Indian stock market as it projects a nearly 10 per cent rise in the Nifty 50 benchmark by the end of 2025, setting a December-end target of 26,000. The index hit an all-time high of 26,277.35 on September 27 this year. Jefferies highlighted that…
Source: Business Standard 4 min read Last Updated : Oct 03 2024 | 6:31 PM IST Shares of BSE, the only listed equity bourse, rose 3 per cent, while Angel One, a leading discount broker, jumped 4.5 per cent, even as the market regulator, the Securities and Exchange Board of India (Sebi), announced tighter…
Source: Live Mint Stock Market Today: Oil and Natural Gas Corporation (ONGC) share pice remain in focus . While on one hand the declining Crude oil prices are sentimentally negative for the ONGC share price on the other hand the removal of windfall tax on crude oil by the government is looked at in positive…
Source: Business Standard 3 min read Last Updated : Sep 13 2024 | 11:44 AM IST Shares of Bharti Hexacom hit a record high of Rs 1,454, as they surged 13 per cent on the BSE in Friday’s intra-day trade after the global brokerage firm Jefferies upgraded the stock to ‘Buy’, and raised the scrip’s…
