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Nomura has downgraded JSW Steel to reduce from neutral and lowered target price to Rs 500 from Rs 667, saying that profitability could remain under pressure in the near term as export duties stall price increases at a time of rising cost inflation.

Wall Street closed sharply higher on Friday as signs of stubborn inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the U.S. Federal Reserve will be able to tighten monetary policy without tipping the economy into recession.

Although ZEE launched more than 90 new shows in FY22, its network share was down by 20 bps sequentially to 17.1 per cent - a second-consecutive quarter of decline. Some industry participants have removed channels from free Dish, which should impact ad revenues in the near term," said Emkay Global.

Promoters held 66.33 per cent stake in the company as of 31-Mar-2022, while FII and DII ownership stood at 20.57 per cent and 0.15 per cent, respectively.

Zomato got listed in July 2021 with a strong premium. But the stock erased all its listing pop and is trading below its issue price of Rs 76. It is in fact down 63 per cent from its 52-week high of Rs 169.10. JM Financial finds the stock Rs 115 worth. Edelweiss finds it worth Rs 80.

The proposed MoU includes purchase of land & buildings, vehicle manufacturing plant, machinery and equipment and transfer of all eligible employees of Ford India’s Sanand’s vehicle manufacturing operations, subject to the signing of definitive agreements and receipt of relevant approvals, Tata Motors said in a statement on Monday.

The life insurance company with a market capitalisation of Rs 1.2 lakh crore hit a 52-week high of Rs 775.65 in September 2021, but it failed to hold on to the momentum. The stock closed at Rs 598.20 on 27 May 2022.

However, the revenue from operations of Nykaa increased by 31.4 per cent to Rs 973.32 crore during the reported quarter, from Rs 740.52 crore in the year-ago period.The gross merchandise value (GMV) in the beauty and personal care vertical grew by 29 per cent to Rs 1,248.5 crore in the March 2022 quarter from Rs 964.5 crore a year ago

Following the announcement of earnings, shares of Shriram Properties zoomed 13 per cent to Rs 72, before trading at Rs 66.75 at 10.10 am. The scrip settled at Rs 63.90 on Friday.The company reported about a 39 per cent rise in the total income to Rs 236.5 crore in the fourth quarter of this fiscal year from Rs 157.33 crore in the corresponding period of the previous year.

The US dollar index, which earlier this month had hit a near-20-year high of 105, dropped to 101.43 on Friday, its weakest level since April 25.The index, which measures the US currency against six major rival currencies, was last at 101.54, lower than 101.66 earlier in the day.