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Top IT stocks get a thumbs up from Morgan Stanley
The brokerage prefers Infosys, Tech Mahindra and HCL Technologies, which are trading about 11-14% away from the new target prices.
Stock market update: Telecom stocks mixed; Sterlite Tech soars 15%
The BSE Telecom index was trading 0.17 per cent down at 1229.65.
Stock market update: Power stocks rise; Adani Green surges 10%
The BSE Power index was trading 0.34 per cent up at 1749.18.
Brokers may report Rs 23,000 crore revenue in FY21: ICRA
Shares of all broking firms have also managed to deliver positive returns to investors since April 1
Stock market update: MidCap stocks advance; Honeywell Automation jumps 6%
The BSE MidCap index was trading 0.59 per cent up at 15041.83.
Blowout earnings spur biggest upgrades for Indian tech since 2013
Twelve-month forward earnings estimates for the 50-member S&P BSE Information Technology Index have climbed 4.6% in July, the most since October 2013, according to calculations by Bloomberg.
Tech stocks zoom; TCS m-cap scales Rs 9 lakh-crore peak
HCL Tech forecast lifts shares of other tech firms, say analysts
Indices back to winning ways, close 2.3% up riding IT surge
Analysts believe this relief rally is unlikely to sustain as the market remains worried about the rising number of Covid cases in India and globally, with lessening hope of a swift recovery in the economy.
Wall Street closes higher on Amazon boost, despite economic worries
Amazon.com Inc jumped 5.7% after Bernstein upgraded the stock to "outperform," saying the company will continue to receive a boost from premium subscribers and third-party merchants even once the pandemic is contained.
Stocks in the news: SBI, Tata Motors, IGL, Gillette India, Hero MotoCorp, TCS and J&K Bank
Two-wheelers are neither a luxury nor sin goods and so merit a GST rate revision, Finance Minister Nirmala Sitharaman said.
Stock market update: BSE SmallCap index jumps nearly 2%; Universal Cables zooms 20%
The index was trading 1.62 per cent up at 14862.64.
Independence Day awards: 25 stocks whose flags flew high in last one year
25 stocks in the BSE500 pack more than doubled investors’ wealth in this one year, with Adani Green Energy gaining the most at 677 per cent.
Growth stocks are eating the world. Value investors, accept it
Over the past decade, the Asian value index has risen 5.3 per cent, compared with a 97 per cent advance for the equivalent gauge of the region’s growth companies. During the March rout triggered by the coronavirus outbreak, the growth index fell less and then rebounded more than the value measure.
S&P, Nasdaq close at record highs in tech-fueled rally
Tuesday's rally added to Wall Street's fifth straight monthly gain and the S&P 500's strongest August advance in more than three decades, which was also mostly thanks to technology stocks and central bank support.
These Asian stocks have benefited the most from virus crisis
To be fair, the stock market has already embraced technology and pharmaceutical shares that underpin global economic transformation.