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Top News In பண்டம் எதிர்காலங்கள் வர்த்தக தரகு கீழ் ஒபாமா Today - Breaking & Trending Today

China's King of Nickel is betting big on green batteries as Tesla dangles 'giant contract' for miners


China’s King of Nickel is betting big on green batteries as Tesla dangles ‘giant contract’ for miners
Husband-and-wife team at Tsingshan shocks market twice this month by announcing two targets in supplying batterie to local EV market
Prices of metal suffered their biggest two-day slump in a decade as investors factored in the additional supply ....

Electric Car , Electric Vehicle , Carbon Neutral , மின்சார கார் , மின்சார வாகனம் , கார்பன் நடுநிலை ,

citi: Citi turns defensive as valuations and international commodity prices soar


Mumbai: Citigroup has tweaked its model portfolio to be more defensive given elevated valuations and multiple risks, including high commodity prices. The firm has reallocated weightage from financials to defensives such as consumer staples, utilities, IT, and pharma. It has removed IndusInd Bank from the portfolio after outperformance in the last few months.
“Continued rise in commodity prices + elevated FY22 estimated consensus growth expectations with valuations at over 21 times FY22 estimated EPS are the risks,” said Citi’s Surendra Goyal and Vijit Jain.
Citi has a target of 14,800 on the Nifty by December this year, which implies a minor downside from current levels. The Nifty closed at 15,030.95 on Friday. ....

Citi Surendra Goyal , Avijit Jain , Indusind Bank , Surendra Goyal , சிட்டி சூரென்ற கோயல் , இந்துசின்த் வங்கி , சிட்டி குழுமம் , சூரென்ற கோயல் ,