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“Typically this is the muted period globally for equity markets entering into December where markets do not tend to move too much. The results were average with earnings growth slightly lagging what most people were expecting. The overall scenario where people are unable to take a big directional view is getting reflected in the markets overall.”

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KNR Constructions Ltd. key Products/Revenue Segments include Income From Contracts and Other Operating Revenue for the year ending 31-Mar-2022.

“One has to live with the volatility in new age tech stocks and ride out these particular pain points. I have always maintained that these companies should be bought as a basket and one should have a small portion of them in the portfolio.So play in a conservative manner and hope that if you get even one or two of these stocks right, they can turn out to be multibaggers over the next five-ten-year period,” says Dipan Mehta

Sell Escorts Kubota, target price Rs 1783: Geojit

Updated at : 2022-11-18 10:30:01

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Escorts Kubota Ltd., incorporated in the year 1944, is a Mid Cap company (having a market cap of Rs 26591.31 Crore) operating in Auto sector.

While ICICI Bank and HDFC Bank are among the top two consensus picks of both brokerages as well as mutual funds, PSU banks have been outshining amid solid growth in their corporate loan books. Global brokerage BofA Securities says PSU banks have been narrowing the gap with private lenders on many metrics. It sees Bank of Baroda leading the way due to a diversified/safer book and a more advanced digital strategy.

Private equity firm TPG Capital will sell shares of Nykaa at floor price of Rs Rs 184.55 apiece worth Rs 1,000 crore through a block deal, according to reports. Citigroup is the banker to the deal.

Several Fed policymakers have signaled rates would go higher than their projections from September and they would have to see a consistent and meaningful decline in price rises to consider pausing the tightening with core CPI running more than three times their 2% target.

Data showed the number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained tight. A report on Wednesday detailed strong retail sales growth last month, indicating the economy has weathered rate hikes.

Data showed the number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained tight. A report on Wednesday detailed strong retail sales growth last month, indicating the economy has weathered rate hikes.

Lenovo India managing director Shailendra Katyal told ET in an interaction that the company continues to grow in India in the first half of the fiscal despite the softening in demand, inflation and a large base of last year. In the first quarter, it grew by 36% and 14% in the second quarter of this fiscal over previous year.

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