Fri, Apr 19, 2024 12:33 PM
TCS vs Infosys Q4 results: Who fared better on all key metrics?
A Flip by Riya Sharma
💰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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The Federal Reserve announced plans on Wednesday to slow the speed of its balance sheet drawdown, after having spent much of the earlier part of the year warning of this shift. The Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows to mature and not be replaced to $25 billion from its current cap of up to $60 billion per month.
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