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Piramal Enterprises Ltd. key Products/Revenue Segments include Other Operating Revenue, Interest, Dividend, Income From Financial Services for the year ending 31-Mar-2023.

Blue Jet Healthcare IPO opened for subscription on Wednesday. Analysts largely recommend to subscribe to the IPO on decent valuations and strong growth prospects. The company has fixed a price band of Rs 329-346 per equity share for its maiden public offer. At the upper end of the price band, the company plans to raise about Rs 840 crore.

Buy ICICI Bank, target price Rs 1230: BNP Paribas

Updated at : 2023-10-25 11:20:01

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ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 650271.72 Crore).

Earlier, the tax authorities had issued a show cause notice to the company alleging a shortfall in tax payments by Delta Corp and its two subsidiaries, Highstreet Cruises and Entertainment Pvt. Ltd and Delta Pleasure Cruise Company Private Limited.

Hardik Mangla, Founder of jewellery brand Demi Luxe said that the traders should look to capitalise on the current bullish trend and make fresh buying positions in gold and silver as the escalating tensions between Israel and Palestine is driving the investors toward safe-haven assets.

“I do not sense most of the FMCG names outperforming the market and which is why you would not see any active recommendation coming from us in this pack. They had done their job when nothing was working in the market, they did well. But going forward, structurally, one should be underweight in FMCG as an entire pack.”

Bank of Baroda shares gain 0.79% as Sensex rises

Updated at : 2023-10-25 11:20:01

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On the technical charts, the RSI of the stock stood at 39.43.

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As George Orwell said in Politics and the English Language, the decline of language ultimately has political and economic causes. Stockbrokers in India use empty phrases as a tribute to corporate power. So, sales and profit don’t decline for large Indian outsourcing companies, they “degrow.” A workforce doesn’t shrink; the addition of employees turns negative.

“If a war breaks out where more than two parties are involved because the posturing by the different players in the theatre have become very aggressive and until a substantial clarity emerges on how the things are flowing, one should be very cautious as in that uncertainty, markets can sell off.”

Geopolitical concerns and rising crude oil prices may cause short-term volatility in equity markets, but are less likely to have a lasting impact. The Indian economy is stable, with robust earnings growth and strong domestic liquidity. Geopolitical concerns could disrupt the commodity cycle, particularly oil, but there is no direct evidence of significant disruptions. The substantial growth in systematic investment plan (SIP) flows is positive for the mutual fund industry and equity markets. Investors should approach fund selection cautiously and seek advice from financial experts.

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