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Brokerages remain optimistic on InterGlobe Aviation, setting high price targets despite near-term challenges like flight disruptions and significant foreign exchange losses impacting recent earnings.
Oracle Financial Services Software shares surged 7% after the company announced a significant $100 million perpetual software licensing agreement with a major US-based bank.
Israel launches major strikes on Iran in March 2026, triggering retaliation and a diplomatic standoff, while India calls for restraint and sends humanitarian aid.
A new ICRA report warns that elevated global energy prices, driven by geopolitical tensions, could pressure India's FY2027 fiscal deficit target by increasing subsidies and reducing revenues.
Investec initiates coverage on ACME Solar Holdings with a 'Buy' rating and a Rs 319 target price, citing its strong growth pipeline and FDRE focus.
Infosys announces the all-cash acquisition of US-based Optimum Healthcare IT and Stratus for a combined $560 million, strengthening its healthcare and insurance technology capabilities.
HDFC Bank's stock faces significant pressure following its chairman's abrupt resignation over ethical concerns, prompting a sharp market sell-off despite positive long-term analyst ratings.
Infosys shares surged nearly 5.6%, driving the Nifty IT index up by over 3% following the company's upgraded revenue guidance and strategic AI partnerships.
Brokerage firm Geojit upgrades Tata Elxsi to a 'Buy' rating, citing a potential recovery led by its transportation segment and setting a target price of ₹5,135.
Nokia is implementing a global restructuring in India, potentially cutting up to 20% of its workforce while appointing new leadership to streamline operations.
Prabhudas Lilladher maintains a 'BUY' rating on AAVAS Financiers with a target price of Rs 1,500, citing a stable growth and margin outlook after recent headwinds.
Infosys announces the acquisition of two US-based firms, Optimum Healthcare IT and Stratus, for $560 million to strengthen its domain-specific capabilities in the healthcare sector.
HDFC Bank shares face significant pressure as SEBI launches a preliminary review into former chairman Atanu Chakraborty's resignation, citing governance and ethical concerns.
Goldman Sachs has downgraded Indian equities to 'marketweight' and slashed its Nifty 50 target, citing risks from high energy prices and a worsening macroeconomic outlook.
Indian stock markets experienced a historic crash, erasing ₹12 lakh crore in a single day, driven by soaring oil prices, massive foreign investor outflows, and global monetary tightening.
Goldman Sachs downgrades Indian equities to 'marketweight' and cuts its Nifty 50 target by 14%, citing worsening macroeconomic conditions driven by high energy prices.