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Citi replaces RIL with BPCL post Q3 earnings; a look at its model portfolio - Vimarsana News

Citi replaces RIL with BPCL post Q3 earnings; a look at its model portfolio

Post the earnings, brokerage Citi is overweight on PSU Utilities & Defence, Industrials, Banks/Insurance and underweight on Consumer Discretionary, IT Services, and Metals. Its December 2024 NIFTY target is 22.5k, which indicates a 2 percent upside.

Aurobindo Pharma now weighs mega IPO of Eugia Pharma Specialities to raise around Rs 4,500 crore - Vimarsana News

Aurobindo Pharma now weighs mega IPO of Eugia Pharma Specialities to raise around Rs 4,500 crore

In May 2021, in a move to improve operational efficiency, Aurobindo Pharma had approved the transfer of its injectable assets into a subsidiary called Eugia Pharma Specialities Limited for “greater focus, attention and specialization” and also to “augment fund-raise and strategic tie-ups in future through joint ventures etc

Markets looking jaded, may lead to a breakdown sooner or later - Vimarsana News

Markets looking jaded, may lead to a breakdown sooner or later

Markets continued to drift downwards and lost ground once again on a weekly basis. They lost on two of the four trading sessions of the truncated week which had Independence Day as the holiday.At the end of it all, BSESENSEX lost 373.99 points ...

Lacklustre two-sided moves to dominate trading in truncated week - Vimarsana News

Lacklustre two-sided moves to dominate trading in truncated week

Markets in the week gone by were choppy and volatile. They gained on two of the five trading sessions and lost on three. Mount 20K on NIFTY is looking like an uphill task and markets are just not able to gather enough steam to put in the thrust ...

Expect some recovery as the week progresses - Vimarsana News

Expect some recovery as the week progresses

Markets were under pressure last week but made a sharp recovery on Friday and completed a decent rearguard action from the lows made on Thursday. Unfortunately, the US markets which were going great guns on Friday, did a U-turn and after being ...