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Nomura has revised its December 2026 Nifty 50 target down by 15% to 24,900, citing risks to corporate earnings from surging oil prices above $100.
Bajaj Electricals has executed a definitive agreement to acquire the brand rights for Morphy Richards in India and neighbouring countries for ₹141.4 crore, solidifying its position.
Indian stock markets rebounded strongly, with the Sensex and Nifty gaining significantly due to value buying in key sectors and positive global market sentiment.
Several brokerages have lowered their Nifty targets, with some predicting a further 10% decline as rising oil prices and geopolitical tensions impact India's economic outlook.
Leading brokerages maintain a 'Buy' rating on Power Finance Corporation (PFC), projecting a potential upside of up to 28% driven by strong fundamentals and sector growth.
Galactico Corporate Services seeks shareholder approval via postal ballot to divest its 73.77% stake in a subsidiary for ₹6.67 crore to meet new SEBI capital requirements.
Galactico Corporate Services has sought shareholder approval via postal ballot to divest its 73.77% stake in a subsidiary for ₹6.67 crore to meet SEBI's new capital requirements.
Quess Corp reports a record Q3 FY26 EBITDA of ₹80 crores and allots 14,918 equity shares, signaling strong financial health amidst key leadership transitions.
Iran has escalated the Middle East conflict by launching missile strikes against US allies in the Gulf, a move President Trump admitted 'shocked' Washington.
Indian paint manufacturers, including Asian Paints, are set to raise prices as rising crude oil costs squeeze profit margins, prompting mixed analyst ratings.
Emkay Global Financial Services warns that escalating West Asia tensions could push the Nifty 50 down by 10% to 21,000 if crude oil prices remain above $100 per barrel.
Quess Corp announces the appointment of Lohit Bhatia as its new Executive Director and Group CEO, effective June 1, 2026, alongside a new stock ownership plan.
Quess Corp has announced Lohit Bhatia as its new Executive Director and Group CEO from June 2026, alongside a new stock ownership plan to incentivize employees.
The escalating conflict between Iran and Israel has entered its third week, with widespread airstrikes, rising casualties, and direct US military involvement threatening regional stability.
Jefferies revises Bharti Airtel's price target to ₹2,250, citing risks from a potential delay in Jio's IPO and the company's new ₹20,000 crore NBFC venture.
Foreign Institutional Investors have withdrawn ₹1.04 lakh crore from Indian equities in 2026, driven by global geopolitical risks, valuation concerns, and a weakening rupee.