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Max Financial Is Jefferies’ Top Pick Post Insurance Unit’s Rebrand — Here’s Why

Max Financial Services Ltd. has emerged as Jefferies’ top pick in the financial services sector after its insurance unit Max Life Insurance’s rebranding to Axis Max Life Insurance, following a partnership with Axis Bank Ltd. The brokerage has maintained a ‘buy’ rating on the stock, with a target price of Rs 1,660 per share, implying […]

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December, 16 2024 11:00 AM

Indices: Stock market update: Nifty Pharma index 0.2% in a weak market

The Nifty Pharma index was trading 0.2 per cent at 22112.70.

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December, 16 2024 10:30 AM

Max Financial Is Jefferies’ Top Pick Post Insurance Unit’s Rebrand — Here’s Why

Max Financial Services Ltd. has emerged as Jefferies’ top pick in the financial services sector after its insurance unit Max Life Insurance’s rebranding to Axis Max Life Insurance, following a partnership with Axis Bank Ltd. The brokerage has maintained a ‘buy’ rating on the stock, with a target price of Rs 1,660 per share, implying […]

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December, 16 2024 10:30 AM

Transrail Lighting IPO to open on December 19; check price band, lot size & other details

The IPO of Transrail Lighting includes a fresh share sale of Rs 400 crore and an offer-for-sale of up to 1,01,60,000 equity shares by its promoter Ajanma Holdings.

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December, 16 2024 10:30 AM

Indices: Stock market update: Nifty Pharma index 0.2% in a weak market

The Nifty Pharma index was trading 0.2 per cent at 22112.70.

Read more

December, 16 2024 08:00 AM

Transrail Lighting IPO to open on December 19; check price band, lot size & other details

The IPO of Transrail Lighting includes a fresh share sale of Rs 400 crore and an offer-for-sale of up to 1,01,60,000 equity shares by its promoter Ajanma Holdings.

Read more

December, 16 2024 08:00 AM

Max Financial Is Jefferies’ Top Pick Post Insurance Unit’s Rebrand — Here’s Why

Max Financial Services Ltd. has emerged as Jefferies’ top pick in the financial services sector after its insurance unit Max Life Insurance’s rebranding to Axis Max Life Insurance, following a partnership with Axis Bank Ltd. The brokerage has maintained a ‘buy’ rating on the stock, with a target price of Rs 1,660 per share, implying […]

Read more

December, 16 2024 08:00 AM

Stock market prices are ahead of value, and that’s a risk: DSP MF CEO

The long term range of return for the market is generally closer to the return on equity or the profit growth rate of that market. Someone who is only extrapolating the past 3-5 year returns will probably be disappointed, Kalpen Parekh of DSP Mutual Fund tells Sanket Dhanorkar.

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December, 16 2024 05:30 AM

Pre-market action: Here’s the trade setup for today’s session

Going forward, the trend is likely to remain strong, with the potential to reach 25,000 and higher in the short term. On the lower end, support is placed at 24,550.

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December, 16 2024 05:30 AM

Stock Market Today: All You Need To Know Going Into Trade On Dec. 16

The NSE Nifty 50 ended 219.60 points or 0.89% higher at 24,768.30, and the BSE Sensex closed 843.16 points or 1.04% up at 82,133.12. Foreign portfolio investors bought stocks worth Rs 2,335.3 crore, whereas the DIIs offloaded stocks worth Rs 732.2 crore. The Indian currency strengthened 8 paise to close at 84.79 against the dollar. […]

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December, 16 2024 05:30 AM

Stock market prices are ahead of value, and that’s a risk: DSP MF CEO

The long term range of return for the market is generally closer to the return on equity or the profit growth rate of that market. Someone who is only extrapolating the past 3-5 year returns will probably be disappointed, Kalpen Parekh of DSP Mutual Fund tells Sanket Dhanorkar.

Read more

December, 16 2024 03:00 AM

Stock Market Today: All You Need To Know Going Into Trade On Dec. 16

The NSE Nifty 50 ended 219.60 points or 0.89% higher at 24,768.30, and the BSE Sensex closed 843.16 points or 1.04% up at 82,133.12. Foreign portfolio investors bought stocks worth Rs 2,335.3 crore, whereas the DIIs offloaded stocks worth Rs 732.2 crore. The Indian currency strengthened 8 paise to close at 84.79 against the dollar. […]

Read more

December, 16 2024 03:00 AM

Pre-market action: Here’s the trade setup for today’s session

Going forward, the trend is likely to remain strong, with the potential to reach 25,000 and higher in the short term. On the lower end, support is placed at 24,550.

Read more

December, 16 2024 03:00 AM

Public sector banks record net profit of ₹85,520 crore in first half FY2024-25

Public sector banks (PSBs), led by SBI, set for another stellar year in 2024-25 with record profits and transformative reforms.

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December, 16 2024 00:30 AM

Vedanta to consider fourth interim dividend issue on Monday — December 16

Vedanta Ltd’s board of directors are scheduled to meet tomorrow Monday, December 16 to consider approval of a fourth interim dividend issue, as per the BSE filing.

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December, 16 2024 00:30 AM

Dixon, Vivo enter into JV, to make smartphones and other devices

Dixon Technologies (India) Limited and Vivo Mobile India Private Limited have entered into a binding term sheet for a proposed joint venture where Dixon will take 51% share and the rest will be with Vivo.

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December, 16 2024 00:30 AM

Public sector banks record net profit of ₹85,520 crore in first half FY2024-25

Public sector banks (PSBs), led by SBI, set for another stellar year in 2024-25 with record profits and transformative reforms.

Read more

December, 15 2024 22:00 PM

Vedanta to consider fourth interim dividend issue on Monday — December 16

Vedanta Ltd’s board of directors are scheduled to meet tomorrow Monday, December 16 to consider approval of a fourth interim dividend issue, as per the BSE filing.

Read more

December, 15 2024 22:00 PM

Dixon, Vivo enter into JV, to make smartphones and other devices

Dixon Technologies (India) Limited and Vivo Mobile India Private Limited have entered into a binding term sheet for a proposed joint venture where Dixon will take 51% share and the rest will be with Vivo.

Read more

December, 15 2024 22:00 PM

India Inc raises record Rs 1.21 lakh crore via QIPs till Nov in 2024

Indian companies raised a record-breaking Rs 1.21 lakh crore through Qualified Institutional Placements (QIPs) in 2024, a two-fold increase from the previous year. Strong market conditions and high valuations fueled this surge, with 82 companies utilizing QIPs until November. Major players like Vedanta and Zomato led the fundraising, bolstering financial reserves and capitalizing on positive […]

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December, 15 2024 19:30 PM

Vedanta to consider fourth interim dividend issue on Monday — December 16

Vedanta Ltd’s board of directors are scheduled to meet tomorrow Monday, December 16 to consider approval of a fourth interim dividend issue, as per the BSE filing.

Read more

December, 15 2024 19:30 PM

Public sector banks record net profit of ₹85,520 crore in first half FY2024-25

Public sector banks (PSBs), led by SBI, set for another stellar year in 2024-25 with record profits and transformative reforms.

Read more

December, 15 2024 19:30 PM

Vedanta to consider fourth interim dividend issue on Monday — December 16

Vedanta Ltd’s board of directors are scheduled to meet tomorrow Monday, December 16 to consider approval of a fourth interim dividend issue, as per the BSE filing.

Read more

December, 15 2024 17:00 PM

India Inc raises record Rs 1.21 lakh crore via QIPs till Nov in 2024

Indian companies raised a record-breaking Rs 1.21 lakh crore through Qualified Institutional Placements (QIPs) in 2024, a two-fold increase from the previous year. Strong market conditions and high valuations fueled this surge, with 82 companies utilizing QIPs until November. Major players like Vedanta and Zomato led the fundraising, bolstering financial reserves and capitalizing on positive […]

Read more

December, 15 2024 17:00 PM

Public sector banks record net profit of ₹85,520 crore in first half FY2024-25

Public sector banks (PSBs), led by SBI, set for another stellar year in 2024-25 with record profits and transformative reforms.

Read more

December, 15 2024 17:00 PM
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