A better Q1 earnings show and an upbeat growth outlook doesn't seem to be enough to keep analysts attracted to Apollo Hospitals. Apollo Hospitals' stock fell out of favor with analysts despite a strong Q1 earnings show and upbeat growth outlook, due to concerns over high valuations, with 23 "buy" calls, 3 "hold" and 2 "sell" ratings, amidst caution over margin contraction in FY26.
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Shares of IRFC are trading with gains of up to 2% on Tuesday, September 10. The stock has gained about 70% so far in 2024 but is still ₹59 short of its all-time high ₹229, which it hit on July 15 this year. The stock is currently trading around the support zone, approximately at ₹170. Technical analyst Prakash Gaba recommended investors to continue to hold the stock for the long term.
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Japan's Nikkei share average fell for a sixth straight session on Tuesday as investors exercised caution ahead of the U.S. inflation report and the Federal Reserve's policy decision. The Nikkei ended 0.16% lower at 36,159.16. The index rose as much as 0.9% earlier in the session as investors scooped up cheaper stocks after recent sell-offs.
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