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Oil prices to settle at $75-80 in 2 months, Nifty to touch 29K by March 2027, says Emkay. Here’s why
Emkay Global Financial Services expects crude oil to stabilise at $75–80 within two months and sees the Nifty 50 hitting 29,000 by March 2027. A potential Iran–US peace deal, easing energy pressures and steady earnings growth are seen driving a rebound in Indian equities despite near-term macro headwinds.
Wipro slides 23% in 3 months, turns Nifty's worst performer. Can buyback, Q4 nos. reverse trend?
Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q3 results and sector-wide AI concerns. Despite a recent 8% gain in April, analysts remain cautious due to weak growth guidance and integration pressures. The company's upcoming Q4 results and potential share buyback will be key triggers.
These two realty stocks should be on your radar today
Over the past three years, Godrej Properties booking value has grown at a compound annual growth rate of 41%, with the company achieving 105% of its annual guidance.
'Rate action unlikely in FY27; if any, it could be a rise,' say economists
Indian markets expect a prolonged pause in policy rates. Economists foresee no immediate tightening as higher global energy prices have a limited impact. The Reserve Bank of India is likely to maintain rates through FY27. While most anticipate a pause, a rate hike is considered more probable than a cut if the Iran conflict persists and affects growth.
Sensex Today Trades Lower | Nifty Below 23,950 | ICICI Bank & Bajaj Finance Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 23,950 | ICICI Bank & Bajaj Finance Top LosersEquitymaster
BofA sees opportunity in India's battered bank stocks, expects IT sector to underperform
Indian bank stocks present an attractive investment. Valuations for major private lenders are at historic lows. This decline follows a drop in the Nifty Bank index. Foreign investors have sold off bank shares. BofA Global Research sees potential for a rate hike by the Reserve Bank of India. This could boost bank margins and earnings.
Pine Labs shares jump 9% after JPMorgan initiates coverage, cites growth potential
Pine Labs operates in a large and growing total addressable market for digital payments, and expects a compound annual growth rate of 23% to 25% between FY24 and FY29.
Sensex Today Rallies 2,833 Points | Nifty Above 23,900 | Bajaj Finance & HDFC Bank Top Gainers - Equitymaster
Sensex Today Rallies 2,833 Points | Nifty Above 23,900 | Bajaj Finance & HDFC Bank Top GainersEquitymaster
Bajaj Finance shares jump 7%, most in two months, reclaim levels of ₹900
The Bajaj Finance stock is also among the top gainers on the Nifty 50 index today and has moved back above ₹900 after nearly a month.
Will rising crude oil prices reverse the trend of earnings upgrades for Nifty 50?
Brokerages warn of earnings downgrades due to surging crude and gas prices driven by geopolitical tensions. The Nifty 50's significant decline in March signals economic concerns, as earnings growth expectations for FY26 and FY27 have been revised downward across sectors.
KTM hikes 390 Duke, 390 Adventure X prices by up to Rs 40,000
KTM has increased prices for its 390 Duke and 390 Adventure X models. This change is due to higher GST on motorcycles over 350cc. Bajaj Auto is no longer absorbing this cost. The company is also preparing to launch new KTM models with engines below 350cc. These new bikes will benefit from a lower GST rate.
India's per capita textiles demand showed robust growth in last decade
As per a study conducted by the Textiles Committee under the Ministry of Textiles, the domestic demand for textiles has experienced a robust growth during last 15 years. The market size of textiles has increased from Rs 4.89 lakh crores in 2010 to Rs 14.95 lakh crores in 2024 experiencing a Compound Annual Growth Rate (CAGR) growth of 8.3%. Out of total market size, the contribution of household has increased from Rs 4.18 lakh crores in 2010 to Rs 8.77 lakh crores in 2024 and played a pivotal role in driving the domestic demand of textiles in the country.