Global investment banking giant JP Morgan has sharply raised its base-case Nifty50 target to 30,000 by end-2026, signalling a firm bullish stance on Indian equities.In its latest India Equity Strategy note, the firm said that India’s macroeconomic backdrop remains supportive, with fiscal and monetary policies “aligned to drive growth, sentiment, and earnings.” The report adds…
Nifty & Sensex at record high! Experts are of the view that the stock market rally is driven by multiple factors. (AI image) Nifty50 and BSE Sensex, the Indian equity benchmarks, are finally rallying – and how! Both the 50-shares and 30-shares indices hit new lifetime highs on Thursday on the back of a strong…
China Taiping Insurance Holdings Co. shares fell sharply on Thursday amid concerns over its exposure to a Hong Kong construction project linked to a devastating high-rise fire that has killed at least 44 people and left hundreds missing.The stock slid as much as 8.1% in early trading before trimming losses to about 2% by late…
Gold price structure now indicates that buyers are firmly in control, and dips are likely to attract fresh demand. (AI image) Gold and silver price prediction today: Gold prices and silver prices are showing strength again and are likely to maintain a bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…
Kotak Institutional Equities has a reduce rating on Kaynes Technology with the target price at Rs 6,180. Analysts said the company’s management was confident of achieving its revenue guidance of Rs 4,500 crore despite a weak Apr-Sept half year (H1FY26) on the back of a strong order book. The company also believes that ongoing working…
NEW DELHI: Govt on Wed-nesday cleared an incentive scheme with an outlay of Rs 7,280 crore for establishing domestic capacity for manufacturing 6,000 tonne of integrated rare earth magnets annually with the aim of breaking China’s stranglehold over this vital input for a host of industries ranging from automobiles to aerospace and defence.Govt will allot…
Once the face of India’s digital education boom, Byju’s rose from a modest learning app to a global edtech powerhouse valued at $22 billion at its peak. Its branding dominated cricket jerseys, international billboards, backed by aggressive expansion and pandemic-fuelled demand.However, the company that once symbolised India’s growing edtech aspirations is now mired in lawsuits,…
India’s exchange rate framework came under renewed global scrutiny on Wednesday after the International Monetary Fund reclassified the country’s “de facto” regime as a “crawl-like arrangement”, two years after designating it “stabilised”. The change follows an IMF review conducted earlier this year and could shape how global investors read India’s approach to managing the rupee…
Americans are set for a mix of family meals and early holiday shopping this week, with most big retailers staying shut on Thanksgiving before reopening at dawn for Black Friday, the unofficial start of the Christmas buying rush. The week also marks what AAA says will be the busiest Thanksgiving travel period on record, according…
Fewer Americans applied for unemployment benefits last week, signalling continued stability in the labour market even as several large companies announced job cuts. According to AP, jobless claims fell by 6,000 to 216,000 in the week ending November 22, undershooting economists’ expectations of 230,000.Applications for unemployment aid — a key proxy for layoffs — remain…
