India Inc's performance in the December quarter met or exceeded market expectations, except for a few companies in the chemicals, agrochemicals, pharmaceutical, and real estate sectors. These outlier companies saw significant decreases in both revenue and profits due to various external factors such as inventory liquidation, aggressive pricing by China, destocking, and pricing pressure.

Based on recommendations from various sources, Jefferies has an underperform rating and a target price of Rs 2,500 for Asian Paints due to increased competition from Grasim. Citigroup retains Maruti Suzuki as its top pick in the auto sector with a target price of Rs 14,200, citing expected volume uptick and strong quarterly results. Goldman Sachs maintains a neutral rating on Paytm.

Political pressure and a weak economy are pushing for the Bank of Thailand to cut interest rates sooner rather than later, according to money managers. The central bank may cut rates at its next meeting in April due to deflationary conditions, which could lead to more foreign investment in Thai stocks. Some worry about political interference in monetary policy.

Paytm's stock rally was halted after Goldman Sachs slashed its target price due to lower revenue and EBITDA estimates. Analysts remain cautious and suggest not investing in the company until regulatory concerns are resolved. Paytm's partnerships with Axis Bank and PPBL are expected to provide stability but there could be risks depending on user/merchant retention.

Brigade Enterprises' share price rose by 5% after announcing plans to develop a 2.5 million square feet residential project in Chennai through a joint venture. The company aims to tap into the growing real estate market in the city, which is attracting companies from various industries. Brigade also plans to build a resort with 250 rooms in Chennai and increase its total room count by another 1200

"Sensex, Nifty end lower amid weak global cues, profit booking and cautious trade ahead of Fed minutes. Nifty touches another record high but ends session in red, dragged by intense sell-off in heavyweights such as HDFC twins, Reliance Industries and Infosys. Bulls face resistance at higher levels, investors urged to have a 'Buy on dips' approach. Godrej Consumer Products and HDFC Bank.

The Winklevoss twins, founders of Gemini crypto exchange, donated $4.9 million to Fairshake super PAC to support pro-crypto candidates in the US elections. Other notable donors include Kraken, Electric Capital, and Andreessen Horowitz. This funding will help Fairshake push for a crypto-friendly regulatory environment and secure the US as a hub for innovation.

Political pressure and a weak economy are pushing for the Bank of Thailand to cut interest rates sooner rather than later, according to money managers. The central bank may cut rates at its next meeting in April due to deflationary conditions, which could lead to more foreign investment in Thai stocks. Some worry about political interference in monetary policy.

Airbus has announced that Vietjet Air, a Vietnamese airline, will purchase 20 A330-900 planes to replace their current fleet of leased A330-300s. This will be Vietjet's largest-ever widebody purchase and will support their network expansion and goal of achieving net-zero emissions by 2050. The deal is expected to be finalized in the next few weeks, with the first delivery scheduled for 2026.

Graphite India and HEG stocks saw an increase of more than 6% in morning trading on Thursday and have risen by 68-78% in the past year, reaching a 52-week high this month. Despite volume growth in their quarterly performance, investors are looking for improved operating performance to boost earnings outlook. Jefferies analysts expect pricing and margin pressure to continue for 2-3 quarters due...

Smead Capital's CEO warns that there is a 50-50 chance stocks could lose up to 30% within the next two years. JPMorgan also warns that the current economic situation could lead to stagflation, with high inflation and low growth, causing investors to favor fixed-income assets over stocks. The firm notes parallels between today and the 1970s, citing geopolitical tensions, energy crises, and deficit.

Gold prices saw a slight decline on Thursday, with 24 carat gold decreasing by Rs.3.0 in Delhi. Silver prices increased by Rs.400 per kg, with the cost of silver in Delhi at Rs.75800.0 per kg. Gold and Silver prices in major cities also saw fluctuations. The June 2024 MCX futures for gold and March 2024 MCX futures for silver were trading higher at Rs.62508.0 per 10 gm

Shares of Brigade Enterprises Limited advanced 5 percent to Rs 1,055 in early trade on February 22 after the company signed a joint development agreement with PVP Ventures Limited to develop a 2.5 million square feet, high-rise residential project in Perambur, Chennai. The company believes that this project has a revenue potential of up to Rs 2,000 crore. "Bengaluru, Chennai, and Hyderabad

A block deal of 1.79 crore shares, worth Rs 975 crore, took place on February 22 in Eureka Forbes, a home appliances company. The deal was executed at a floor price of Rs 544, which is 6% higher than the previous closing price. It is likely that Lunolux Ltd, the promoter entity, was the seller. Share prices initially jumped over 2% but later decreased by 1%. Lunolux remains the majority share

The market ended the February 21 session lower as all sectoral indices, except realty, traded with losses. At least eight Nifty indices formed a bearish engulfing candlestick, which indicates that sellers dominated the buyers and also alerts traders and investors to negative price action. Losses in (%) According to Prashant Sawant, Founder Catalyst Wealth, the broader market bullish structure.