New-age companies missing from analysts' Diwali picks
None of the consumer tech companies like Nykaa, Paytm, and Zomato makes into Diwali 2023 pick by Axis Securities, IIFL Securities, and Kotak Securities.
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Is TCS a buy after Q1? Here’s what brokerages say
While ICICI Securities retained its ‘Buy’ stance on TCS shares, Axis Securities and Jefferies assigned ‘Hold’; Nomura and Morgan Stanley gave ‘Reduce’ and ‘Equal Weight’ ratings, respectively.
Cement stocks under pressure; CRISIL expects cement prices to dip 1-3% in FY24
Cement prices are expected to fall due to cooling costs and intensifying competition, says CRISIL
IRDAI imposes ₹3 cr fine for violations in Axis Bank-Max Life Insurance deal
IRDAI says Max Life Insurance facilitated transactions of transfer of its shares between the parties in violation of its directives, which allowed Axis entities to make undue profits.
Market veterans say the bull run has begun
The S&P BSE Sensex closed above 40,000 points on Wednesday after nearly five months. It has gained more than 4,190 points in 27 trading sessions since September 19.
