FOREIGN BROKERAGE
Up close & local: Wall Street’s algo big shots bet on IndiaHigh-frequency traders thrive in active markets with a wide set of participants and narrow bid-ask spreads. Typically, brokerages employ to...
- Dalal Street's high valuation is alarming foreign investors: Report
Citing its conversation with 50 foreign institutional investors (FIIs) based in Hong Kong, Singapore, the US and the UK in the past three w...
- Nestle India tanks 5% on unexciting Q3 nos. Here's what brokerages said
HSBC has maintained its 'buy' call on Nestle with a target price of Rs 20,000.
- Credit Suisse upgrades India, says EPS momentum best in the region
On Tuesday, the global brokerage upgraded India, along with Australia, to overweight from ‘market weight’, and in turn cut exposure to Chin...
- Yes Bank CEO says foreign firms keen to invest in proposed asset reconstruction arm
"There has been lot of interest from foreign investors for our ARC business. We are likely to put in initial capital of 10 billion rupees w...
- Rural demand seen ebbing in 2021-22, but urban consumption to rise: Report
The report said the boost to rural demand by a bumper autumn kharif harvest is largely offset by weakening pricing power. Accordingly the r...
- Foreign brokers project this mighty contractor to turn into a mammoth
Larsen & Toubro is already the biggest contractor in India but stands nowhere in comparison to its Chinese counterparts.
- Brokerages increase Bajaj Auto target price after Q3 results
Shares of Bajaj Auto ended up 10.45% on the back of strong result and target price upgrades.
- Sensex closes above 49,000 as foreign fund flow continues
Rally in tech stocks takes benchmark indices to record high
- India’s largest brokerage says a new rule will cut equity volumes by 30% in 6 months
The new margin rules that came into effect from December 1 stipulates 25 per cent peak margin. This has already led to a drop in volumes.
- Brokerages turn positive on Tata Motors after Brexit Relief
The brokerage said investor focus is likely to shift back to Tata Motors' volume and mix recovery as well as JLR's cost reduction efforts.
- Global private banks ask FPI managers not to sell NRI clients’ investments
FPIs have to bring down the aggregate contribution of NRIs and OCIs (along with resident Indians) in a fund to below 50% by December 31, 20...
- 18 midcaps and smallcaps top brokerages are betting on for 2021
Analysts said the ongoing momentum in second-rung stocks is likely to continue in 2021.
- Nifty may hit 15,000 by Dec 2021: JP Morgan
JP Morgan said the Indian economy does not appear strong enough to drive upgrades on already lofty earnings forecasts.
- CLSA says there is still deep value in SBI shares
The stock is still pricing in return on equity of less than 9% long term and 165 basis points of long term credit costs while SBI could del...
- Overseas brokerages and banks move Sebi on peak margin issue
These firms are worried that they might unwittingly end up violating the tighter margin norms applicable from December 1 that would attract...
- Why are foreign brokerages telling you to sell Wipro shares?
“With the stock trading at 21.6 times, its 12-year high valuation, which we believe is partly driven by expectations of the share buyback, ...
- CLSA upgrades TechM to ‘buy’; bullish on Infosys, HCL
The foreign brokerage also said the risk-reward for TCS is attractive at current levels. CLSA has maintained a ‘buy’ rating on HCL Tech and...
- HSBC's brokerage arm pegs Zomato's valuation at $5 billion
Taking stock of Zomato's publicly traded shareholder Info Edge, the Gurugram-based company could add $2 billion in market capitalisation to...
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