Trading Stocks For Today : Jaiprakash Power Ventures, Engineers India. Indian equities ended higher for the second straight day, after fluctuating between the day’s high and the day’s low. The S&P BSE Sensex ended 0.9% higher at 50,296 while the NSE Nifty 50 index gained another 1% to end at 14,919.
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Tata Motors Domestic Sales Rise 54%
Tata Motors Ltd. reported a 54% year-on-year increase in total domestic sales aided by strong demand for its passenger car business and revival of commercial vehicle segment.
What stock should I invest in today? Axis Bank, Maruti, Max Financial
What stock should I invest in today? Axis Bank, Maruti, Max Financial, Cadila Healthcare, Indiabulls Real Estate, Indian equities had a session marred by a technical outage that disrupted trading on the National Stock Exchange for nearly five hours.
Motherson Sumi Systems: Maintain ‘buy’; raise TP to Rs 252
Motherson Sumi Systems: Margins to enter a new orbit with cost reduction and premiumization. Action, maintain ‘buy’; raise target price to Rs 252, implying close to 28% upside.
Shares of Ashok Leyland Ltd Biggest Drop On Q3 Loss
Shares of Ashok Leyland Ltd Biggest single-day drop in nearly two months after the medium and heavy commercial vehicle maker suffered a surprise loss in the third quarter on a one-time expense.
Dhanlaxmi Bank Seeks Clean Break From Infighting-Riddled Past
After a prolonged leadership crisis, old-generation private lender Dhanlaxmi Bank Ltd. is attempting a fresh start under new chief executive officer Shivan JK, who took over on Jan. 28. His appointment, unlike that of his predecessor, was backed by 99.8% of the bank’s shareholders and later confirmed by the Reserve Bank of India.
Stock Bulls Turn to Earnings After India’s Budget-Led Surge
Having propelled the benchmark gauge almost 10% last week in a budget-sparked rally, stock bulls in India are now counting on earnings to be the catalyst for the next leg up.