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Global brokerages Citi and Nomura have lowered their December 2026 Nifty 50 targets, citing rising oil prices and supply chain risks from the US-Iran conflict.
Leading global brokerages like Citi and Nomura have reduced their December 2026 Nifty 50 targets, citing risks from Middle East tensions and surging crude oil prices.
Shares of Fino Payments Bank plummeted to a 52-week low following reports of a potential Enforcement Directorate probe into online gaming transactions linked to the bank.
Shares of Fino Payments Bank plummeted by 19% to a 52-week low following reports of a potential ED investigation into its linked online gaming transactions.
Bandhan Bank's stock price fell over 12% to hit its lower circuit after reports that its promoter is exploring a stake sale or IPO for investor exits.
Data Patterns (India) has secured a significant ₹279 crore contract from the Indian Meteorological Department to supply 34 advanced Doppler Weather Radars, boosting its order book.
IDBI Bank's disinvestment process is reportedly shelved after bids from potential buyers fell below the government's reserve price, causing a sharp 16% drop in its stock.
IDBI Bank shares fell over 15% on reports that the Indian government has cancelled its plan to sell a 60.72% stake due to low bids.
Indian markets, led by a 2.18% drop in the Nifty Oil & Gas index, fell sharply as rising crude oil prices sparked inflation and growth concerns.
Global brokerages Citi and Nomura have significantly reduced their December 2026 Nifty 50 targets, citing escalating geopolitical risks and soaring crude oil prices.
The escalating US-Iran conflict threatens India's economic stability through surging oil prices, supply chain disruptions, and risks to its nine million diaspora in the Gulf.
Bandhan Bank shares declined nearly 7% following reports that its promoter is exploring a stake sale or IPO to provide an exit for institutional investors.
Brokerage firm Motilal Oswal has issued a buy rating for Va Tech Wabag, projecting a 48% potential upside driven by a robust order book and strong financials.
The escalating US-Iran conflict moves into the Indian Ocean with a US submarine sinking an Iranian warship, posing severe economic and strategic threats to India.
Brokerage firm Nomura initiates coverage on Tata Capital, L&T Finance, and Piramal Finance with 'Buy' ratings, forecasting up to 26% upside potential driven by AI.
Ola Electric's share price plummets to a new all-time low, driven by a sharp decline in Q3 revenue, falling sales, and persistent operational challenges.