Crompton Greaves Consumer Electricals shares surged 6% after Motilal Oswal initiated coverage with a ‘Buy’ rating and a Rs 350 price target, implying 40% upside. The brokerage highlighted the Butterfly acquisition’s synergy and the ‘Crompton 2.0’ program’s strategic pillars for future growth and profitability.Read More
InterGlobe Aviation shares climbed after IndiGo CEO Pieter Elbers reassured employees that the airline has moved past recent operational disruptions. In an internal message, Elbers said the “worst is behind us” and praised staff across functions for stabilising operations during a challenging period, helping restore investor and passenger confidence.Read More
Japanese government bond (JGB) yields edged higher on Thursday as investors awaited signals on future interest rate hikes from Bank of Japan Governor Kazuo Ueda’s comments at his post-policy meeting news conference on Friday.Read More
Market expert Neeraj Dewan identifies pockets of opportunity in IT, automobiles, and asset management. He favors integrated auto players over pure-play EV companies. The paint sector requires patience for entry. Dewan prefers integrated power generators over solar equipment manufacturers. He remains optimistic on asset management firms despite regulatory concerns. Disciplined stock selection is key for investors.Read More
Foreign weekly inflows into Japanese long-term bonds surged to an eight-month high in the week to December 13, ahead of the Bank of Japan’s policy decision on Friday.Read More
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