Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Oil above $100 could widen current account deficit, pressure rupee: Emkay
Madhavi Arora, Chief Economist, Emkay Global Fin Services, says the RBI may prioritise financial stability over inflation if crude prices remain elevated. Oil above $100 could widen India’s current account deficit and pressure the rupee, while the central bank may have to balance currency intervention with domestic liquidity management. She noted inflation risks remain limited for now as fuel price increases have not been fully passed on to consumers.
Watch | Emkay’s Seshadri Sen: IT sell-off overdone, stick to largecaps amid AI disruption
Seshadri Sen, Head of Research & Strategist at Emkay Global Financial Services, says the IT sell-off has overshot fundamentals, creating a tactical opportunity in large-cap names. Despite AI disruption, firms will still need IT vendors for integration and deployment, and AI could expand tech spending. He sees no signs of structural stress and says current pessimism is driven more by narrative than reality.
Emkay turns constructive on Indian IT after recent sell-off; check model portfolio changes
Brokerage firm Emkay Global said that generative AI is still some distance away from being enterprise-ready at scale and is unlikely to have universal applicability across use cases in the near term.
IndusInd Bank upgraded to Buy by Emkay with 17% upside potential
IndusInd Bank shares have been upgraded by Emkay Global, citing confidence in new management’s push to improve earnings quality and balance sheet mix. The target price has been raised to ₹1,100 per share from ₹800.
Buy CreditAccess Grameen; target of Rs 1750: Emkay Global Financial
Emkay Global Financial is bullish on CreditAccess Grameen has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated May 10, 2026.
Buy Aditya Birla Lifestyle Brands; target of Rs 140: Emkay Global Financial
Emkay Global Financial is bullish on Aditya Birla Lifestyle Brands has recommended buy rating on the stock with a target price of Rs 140 in its research report dated May 10, 2026.
Buy Ethos; target of Rs 3200: Emkay Global Financial
Emkay Global Financial is bullish on Ethos has recommended buy rating on the stock with a target price of Rs 3200 in its research report dated March 18, 2026.
Buy LG Electronics India; target of Rs 1900: Emkay Global Financial
Emkay Global Financial is bullish on LG Electronics India has recommended buy rating on the stock with a target price of Rs 1900 in its research report dated March 17, 2026.
Buy Star Health; target of Rs 650: Emkay Global Financial
Emkay Global Financial is bullish on Star Health has recommended buy rating on the stock with a target price of Rs 650 in its research report dated April 29, 2026.
Reduce Tech Mahindra; target of Rs 1450: Emkay Global Financial
Emkay Global Financial recommended reduce rating on Tech Mahindra with a target price of Rs 1450 in its research report dated April 23, 2026.
Buy SBI Life; target of Rs 2250: Emkay Global Financial
Emkay Global Financial is bullish on SBI Life has recommended buy rating on the stock with a target price of Rs 2250 in its research report dated April 23, 2026.
Buy Ather Energy; target of Rs 1000: Emkay Global Financial
Emkay Global Financial is bullish on Ather Energy has recommended buy rating on the stock with a target price of Rs 1000 in its research report dated March 16, 2026.