Goldman Sachs has turned bullish on India, upgrading it to ‘Overweight’ and predicting Nifty at 29,000 by end-2026. The brokerage identified 14 stocks across sectors — including Titan, Reliance, Maruti Suzuki, and NTPC — that could spearhead the next leg of market gains, driven by structural reforms, rising consumption, and strong corporate earnings visibility.Read More
Fujiyama Power Systems launches its Rs 828 crore IPO on November 13. The price band is set at Rs 216-228 per share. The issue will be open for subscription until November 17. The company plans to use the funds for a new manufacturing facility and debt repayment. Research houses recommend subscribing for long-term growth.Read More
Asian Paints Q2 Results: Asian Paints announced a strong performance for the September quarter. Net profit surged 43% year-on-year to Rs 994 crore. Revenues grew 6% to Rs 8,514 crore. The company saw double-digit volume growth in its domestic decorative business. International sales also increased. Asian Paints declared an interim dividend of Rs 4.5 per share.Read More
HAL shares slipped on Wednesday after the Q2 results as margins fell short of guidance despite a 10% rise in profit. Revenue growth met expectations, but cost pressures hit operating performance. Analysts noted that while near-term sentiment is weak, the stock’s long-term uptrend remains intact.Read More
Japan’s Nikkei share average rose on Wednesday, extending gains after SoftBank Group trimmed losses, while Sony Group helped the broader Topix to close at a fresh high on a robust annual profit forecast.Read More
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