Page 41 - Axis Securities News Today

Brokerage Axis Securities has initiated coverage on the stock with a “buy” rating and believes KPIT Technologies is well-placed to revive its growth momentum. The brokerage has a price target of Rs 1,500 for the stock.

US bond yields have reached the highest level since 2007. Interestingly, in a break from tradition, gold and crude prices are also rising along with the yields, thanks to the global geopolitical uncertainties.

India VIX was up by 3.78% from 10.90 to 11.31 levels in the previous trading session. Volatility spiked to 12.17 zones during the day and paved the way for the bears to take over the market.

Continuous selling by foreign institutional investors, combined with bearish positioning in the monthly F&O expiry, has pushed down the index prices

On October 26, the Nifty Realty index slipped as much as 3 percent, while the Nifty Metal index declined up to 2 percent

Get latest articles and stories on India at LatestLY. Dalal Street investors' wealth plunged Rs 17.77 lakh crore as markets fell for a sixth straight session on Thursday, with investors remaining a worried lot amid escalating tension in the Middle East. India News | Bear Attack: Investors' Wealth Plunges Rs 17.77 Lakh Cr in 6 Days of Market Fall.

Ciplas strong growth in its chronic therapies and over-the-counter consumer segment is likely to offset the weakness in sales of acute drugs in the domestic market

Maruti could manage to sell a higher number of sports utility vehicles, which will lead to an improvement in the mix.

The 30-share BSE Sensex plummeted 900.91 points or 1.41 per cent to settle below the 64,000 mark at 63,148.15.

In the past three months, the stock of this two-wheeler major has rallied 16 percent as against 3 percent decline in the Sensex benchmark