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TCS stock can rally up to 20% to ₹2,500 levels: Tech analyst
Technical analyst at Mirae Asset Sharekhan believes that the short-term trend for TCS seems 'Neutral', but 'Bullish' from the medium-term perspective; hence expects an upside towad ₹2,500 levels.
Wall Street Highlights: Tech Drives Nasdaq, S&P 500 Higher As Traders Downplay Iran War Risks
The Nasdaq 100 Index gained 1.6% and S&P 500 Index climbed 0.8%, driven by gains in information technology and consumer discretionary.
Wall Street Highlights: S&P 500, Nasdaq Pare Iran War-Driven Losses After Dip Buyers Emerge
The tech-heavy Nasdaq 100 closed 0.3% higher and the S&P 500 declined 0.3%, paring a drop of as much as 1.1% that put it on track to test its 50-day moving average. Materials, consumer discretionary and financials were the biggest laggards.
LG Electronics remains top pick; Amber's Oppo JV to drive growth from FY28: PL Capital
Praveen Sahay, Lead Research Analyst Consumer Durables, Building Materials & EMS, PL Capital Group, expects LG India to sustain revenue and EBITDA expansion over the coming quarters, while Amber Enterprises could see higher contributions from electronics manufacturing and mobile production beginning FY28. Dixon Technologies may benefit from a potential Vivo joint venture, although margin pressure is likely to persist due to raw material costs and lower PLI benefits.
Eternal shares could hit new record highs, Motilal Oswal projects backed by these factors
As Eternal expands beyond food and quick commerce into the wallet share of the affluent urban consumer, Motilal Oswal believes District presents meaningful optionality and could contribute $125 million to its EBITDA by FY30.
El Nino impact in sight even as top FMCG firms bet on rising India consumption
India's top retail firms anticipate robust April-June revenue growth, fueled by steady consumer demand and improving rural sentiment. Companies like Marico, GCPL, and Dabur foresee strong top-line expansion, with rural markets outperforming urban areas. While easing input costs are a positive, businesses are closely monitoring El Nino's potential impact on monsoons and agricultural output.
Dabur Q1 updates: Co expects double-digit revenue growth as rural demand stays ahead of urban
Dabur India anticipates a significant boost in its first-quarter profit, driven by strategic price hikes that effectively countered rising inflation and packaging costs. The company noted resilient consumer sentiment despite global challenges, with sequential improvements in business performance. Strong double-digit growth is projected across key international markets like Egypt and Turkey, alongside robust expansion in India's rural demand and emerging sales channels.
India's IPO pipeline in the second half may touch $40 billion as billion-dollar listings line up: JPMorgan
Abhinav Bharti, Managing Director and Head of India ECM at JPMorgan said the Indian market has sufficient depth to absorb multiple large IPOs simultaneously, while global investor interest remains strong for sizeable IPOs across consumer, consumer tech and healthcare sectors.
Wall Street slips as AI stocks drag despite gains in consumer names and easing Treasury yields
Tech heavyweights led by Micron, AMD and Nvidia weighed on markets, while General Mills, Nike and Kroger advanced. Falling oil prices and softer manufacturing data helped ease inflation and rate concerns.
Can Sensex, Nifty hit new highs by Dec 2026? Tech analysts decode charts
Technical analysts at SBI Securities and Choice Broking expect the Nifty to retest record highs around 26,350, and Sensex to rally toward 89,000 in an optimistic scenario.
IAMAI names JioStar Sports CEO Ishan Chatterjee to succeed Kiran Mani as DEC chief
Ishan Chatterjee, CEO of JioStar Sports, now heads IAMAI's Digital Entertainment Committee, succeeding Kiran Mani. Chatterjee highlighted India's digital entertainment boom, driven by tech and evolving consumer habits. He emphasized collaboration among platforms, creators, brands, and policymakers to foster innovation and leverage AI. Deepit Purkayastha remains co-chair.
Deeptech, AI cornered half of InfoEdge's startup bets in the last 12 months
Info Edge has channelled nearly half its startup investments over the past year into deeptech and AI, a shift from the consumer-tech bets that built Eternal and PB Fintech.