Mon, Jan 13, 2025 11:25 AM
Zepto receives NCLT approval to reverse flip to India ahead of IPO
A Flip by Shubhangi Gupta
Domestic brokerage PL Capital lowered its EPS estimates for Nifty 50 going ahead, while cutting its 12-month targets on the index.PL Capital cut its 12-month target on the benchmark index Nifty 50 to 27,172, which still indicates an upside of 16% from current levels. In the bull case scenario, the brokerage sees Nifty 50 at a 20.1x to arrive at bull case target of 29,263, indicating a 25% upside.
Open Flip
ICICI Prudential Mutual Fund's Executive Director and Chief Investment Officer, S Naren, described 2024 as one of the best years for capital markets, with historic highs in capital fundraising and low fiscal deficits. However, he remains cautiously optimistic for 2025, suggesting hybrid and flexible investment strategies to mitigate risks.
Open Flip
Representative image NEW DELHI: National Capital Region Transport Corporation (NCRTC) on Sunday began the trial runs of the Meerut Metro trains, an official statement said. During this trial process, the trains were tested at different speeds from Meerut South to just before Meerut Central Station, it said. The trial run involves testing the trains' tracks and traction.
Open Flip
