Fri, Jun 24, 2022 3:20 PM
North of 50 crypto ATMs are set to be installed the Cardenas Market chain
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General elections are feared to induce sharp swings in equities. ET spoke to four analysts on whether the seasonality factor of the 'Sell in May' adage could be valid this time. While volatility is anticipated, these analysts do not see a disruption in the recent bullish trend. They expect bank stocks to drive the market, while advising against leveraged bets in equities for now.
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💰Nuvama has downgraded its rating on Kotak Mahindra Bank to 'reduce' with a target of ₹1,530 per share. 💰UBS has maintained a 'buy' rating on Havells with a target of ₹2,040 per share. 💰Jefferies has maintained a 'hold' rating on Kotak Mahindra Bank with a target of ₹1,970 per share. 💰DAM Capital has upgraded its rating on M&M to 'buy' with a target of ₹2,550 per share.
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Gift Nifty futures saw a significant increase in volumes at the NSE International Exchange (NSE IX) in Gujarat over the last four months, reaching a record turnover of $82 billion in April. This marked a 25% increase compared to December turnover, contrasting with a 7% growth in Nifty futures turnover on the NSE during the same period.
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