Shares of Adani Power climbed nearly 14% this week to hit Rs 605 on the BSE on Friday, riding on robust trading volumes and a strong technical setup.The stock rose 4.7% in intraday trade before settling at Rs 584.35, up 1.08%. As of 10:50 a.m., the total traded quantity stood at 6.96 lakh shares, with turnover touching Rs 41.44 crore. …
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The selection of weekly recommendations aims at delivering practical insights for organisations demonstrating robust financial health. (AI image) For optimal investment choices, here is a curated list of companies that have received top ratings from Stock Reports Plus, combined with “Strong Buy/Buy” recommendations according to the Institutional Brokers’ Estimate System (IBES).The selection of weekly recommendations, compiled by ET, aims at …
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US stocks traded slightly higher Thursday as investors awaited key employment data, while fresh signals of labour market softness stoked expectations of a rate cut later this year.The S&P 500 rose 0.2% in early trading, while the Dow Jones Industrial Average was up 48 points, or 0.1%. The Nasdaq composite also gained 0.2%. Investors are focused on the US Labour …
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The Sensex reaching 1 lakh within the next 12 months would require several conditions. (AI image) Morgan Stanley sees India’s BSE Sensexhitting 89,000 by June 2026 and views the recent decline in Indian stocks from their September 2024 peak as a buying opportunity. The new target for June 2026 is the global brokerage firm’s base case projection.The firm also suggests …
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FPIs invested approximately $4.11 billion in Indian stocks across nine consecutive sessions. (AI image) Foreign investorsmaintained their longest purchasing streak since July 2023 on Monday, driven by optimistic prospects regarding US trade agreements, attractive company valuations, and India’s stability amidst global uncertainties.This trend persisted despite tensions between India and Pakistan.Foreign portfolio investors (FPIs) invested approximately $4.11 billion in Indian stocks …
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Foreign investors have pulled an estimated $63 billion from US equities since the beginning of March, according to Goldman Sachs strategists, who warn that the trend could pose risks to equity valuations. In a note to clients, the team led by Daniel Chavez pointed to high-frequency fund flow data showing that European investors have been the main sellers, while other …
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As US President Donald Trump’s trade war rolls on, the financial world is buzzing with complex-sounding terms that may confuse everyday readers. From bears and bulls to dead cats and dips, here’s a simple guide to what they mean—and why they matter right now.Bear and bull marketWhen share indexes like the S&P 500 or Dow Jones drop by 20% or …
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Stocks in the U.S. whipsawed as a selloff in early trade Monday abruptly reversed course and opportunistic investors hopped in to scoop up beaten down shares. The S&P 500 fell 3.5% out of the gate, but quickly erased those losses, rising 97 points, or 1.9%, to 5,171 as of 10:21 a.m. EDT. The Dow, which had plunged more than …
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Overseas financial markets plunged in early trading Monday, while U.S. stock futures came under renewed selling pressure after leading indexes crumbled last week amid investor fears over the economic fallout from the Trump administration’s latest tariff salvo. Japan’s Nikkei 225 index tumbled nearly 8% shortly after the market opened in Tokyo though by midday, it was down 6%. Australia’s S&P/ASX 200 …
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Whilst the most severe phase of the slowdown appears to be over, Goldman Sachs advises investors to remain vigilant regarding market volatility. (AI image) Goldman Sachs has said the worst is likely over for the Indian economy. In a recent report the global financial firm has said that India has likely moved past its most challenging period of economic slowdown …
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