Kotak Institutional Equities Target: ₹250 CMP: ₹223.80 We initiate coverage on with an Add rating and a DCFbased Fair Value of ₹250 (13.0X March 2028E EPS). Our FV implies Emmvee…
Category: Market
Broker’s call: Orient Electric
ICICI Securities Target: ₹200 CMP: ₹161.15 Q4-FY26 is shaping up to be a decent quarter for , aided by stable demand across fans, lighting, switchgear and wires. We note that…
Dow Jones futures nudge higher in pre-open session. What does it mean for US stock market?
traded with mild gains in Monday’s session (April 6), as optimism grew that the month-long conflict in West Asia could end soon, boosting risk-on sentiment, while a drop in crude…
Indian rupee weakness: Temporary shock or structural decline—or both?
At the beginning of the year 2026, the Indian economy was in a sweet spot. GDP for FY26 was estimated to grow by 7.6%; CPI inflation was running at 2.75%;…
Is a surprise RBI rate hike coming this week as US-Iran war continues?
RBI Monetary policy: As the Reserve Bank of India’s Monetary Policy Committee (MPC) heads into its April policy meeting, a question that seemed unthinkable just weeks ago is now entering…
Bajaj Alternate Investment Management secures PMS licence from SEBI
Bajaj Alternate Investment Management, an arm of , on Monday said it has received approval from markets regulator to commence Portfolio Management Services (PMS). The move would help Bajaj Alts…
Indian companies’ $7 bn NDF hoard shows firms seized rupee arbitrage window
Indian companies’ activity in the non-deliverable forwards (NDF) market surged to over $7 billion on March 30, around seven times the average, signalling a rush to capture arbitrage opportunities created…
Independent directors should adopt ‘constructive approach’ in discharge of duties: SEBI
Chairman Tuhin Kanta Pandey on Monday said independent directors discharge a very important responsibility in a company’s affairs, and underlined the need for them to adopt a “constructive approach” in…
Rupee ends little changed at 93.06/USD, hemmed in by position unwinding, importer hedging
The Indian rupee closed nearly unchanged on Monday, wedged between dollar sales spurred by the unwinding of arbitrage positions and importers’ hedging demand amid swirling risks from the Iran war.…
Gold rises over 1% to ₹1.51 lakh/10g in futures trade
Gold prices rose over 1 per cent to ₹1.51 lakh per 10 grams in futures trade on Monday amid escalating geopolitical tensions in West Asia. On the Multi Commodity Exchange,…