Brokerages raise SBI target price after Q1 earnings

State Bank of India shares faced a 2.2 percent decline on Monday, despite surpassing analysts' expectations for their June-quarter earnings. Most brokerages expressed continued optimism for the lender, with several firms increasing their target prices while maintaining a positive outlook. The consen

Aditya Birla Sun Life Mutual Fund is optimistic about Indian equities potentially hitting new peaks shortly. This positive outlook is bolstered by robust earnings growth and a stable rupee which are likely to propel market gains. Taking into account the current elevated valuations, a methodical appr

In a notable change effective September 30, BSE shares will enter the Nifty 50 index, taking over Wipro's longstanding position since January 2002. This decision comes on the heels of BSE's impressive growth this year, while Wipro's market performance has waned. The adjustments by NSE aim to enhance

Milky Mist Dairy Food plans a significant initial public offering to fund capital expenditure and reduce debt. The company seeks to raise ₹1,428 crore through a fresh issue and ₹125 crore via an offer for sale. Revenue growth has been strong, and profit margins exceed those of industry peers. The da

The markets experienced fluctuations as they weighed the prospects of interest rates against concerns over oil prices and geopolitical issues. In notable changes, Wipro will exit the Nifty index, making way for BSE Ltd's entry. Vodafone Idea reported a reduction in first-quarter losses, while Bharti