Estimated read time 4 min read
Stock Market News

axis bank block deal: Morgan Stanley buys 1.7 cr shares of Axis Bank for Rs 2,083 crore

New Delhi: US-based investment banking company Morgan Stanley on Friday bought 1.7 crore shares of private sector lender Axis Bank for Rs 2,083 crore through [Read more about this post…]

Estimated read time 16 min read
Stock Market News

From SRF to Tata Chemicals: Morgan Stanley downgrades chemicals stocks, foresees ongoing challenges

Morgan Stanley’s latest report on chemical stocks reflects cautious sentiment, foreseeing ongoing challenges for the sector in the near term. It believes that the chemicals [Read more about this post…]

Estimated read time 7 min read
Stock Market News

Morgan Stanley buys 3.13 crore shares of L&T Finance for Rs 534 crore via block deal

Morgan Stanley bought 3,13,29,540 equity shares in L&T Finance for over Rs 534 crore via a block deal on Thursday. Its Asian arm Morgan Stanley [Read more about this post…]

Estimated read time 7 min read
Stock Market News

Morgan Stanley bullish on 4 gas stocks if natural gas is included in GST

Citing the inclusion of natural gas under GST, global brokerage Morgan Stanley is bullish on gas stocks. The brokerage believes this move could significantly benefit [Read more about this post…]

Estimated read time 7 min read
Stock Market News

Salesforce plummets 18% as weak forecast sparks concerns of AI competition

Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high interest rates and rival AI offerings were [Read more about this post…]

Estimated read time 6 min read
Stock Market News

Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500

Deutsche Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support equity [Read more about this post…]

Estimated read time 4 min read
Stock Market News

US stock markets: Micron Technology shares climb 4% after Morgan Stanley upgrade

Micron Technology shares climbed 4 per cent in morning session on Monday after Morgan Stanley upgraded the memory chipmaker to “equal-weight” from “underweight”. At 12:37 [Read more about this post…]

Estimated read time 14 min read
Stock Market News

Indian stocks: A heavy monsoon season is great news for these Indian stocks

Stocks of Indian firms that earn a large chunk of their revenues from the nation’s hinterland are showing signs of a revival, as traders bet [Read more about this post…]

Estimated read time 7 min read
Stock Market News

Hot Stocks: Brokerage view on Tata Motors, Eicher Motors, Bank of Baroda and Polycab

Brokerage firm Jefferies upgraded Bank of Baroda to a buy, Citigroup has a buy rating on Polycab, Jefferies maintained a buy rating on Eicher Motors [Read more about this post…]

Estimated read time 6 min read
Stock Market News

Morgan Stanley hikes Q3 outlook to $94 on geopolitical tensions as Brent hovers over $90/bbl

Morgan Stanley has raised its Brent crude oil price forecast for the third quarter of this year by $4 per barrel to $94, citing geopolitical [Read more about this post…]