27 Mar , 2024 By : Debdeep Gupta
Here is a collection of the most important stories this morning:
Goldman Sachs raises Reliance Industries stock target price with ‘buy’ rating, sees 54% upside
Goldman Sachs has reiterated a ‘buy’ rating on Reliance Industries Ltd, with as much as a 54 percent upside by FY26 in its bull case, citing favorable risk-reward dynamics, value unlocking from its Disney joint venture, and enhanced return on capital investments.
India beats rest of Asia with highest foreign funds flow, domestic buying hits 4-year high in March
India has beaten the rest of the Asian markets by attracting the highest foreign funds flow in March, defying geopolitical crises and concerns that the higher interest rate regime will continue for some more time.
Neelesh surana's wealth formula: Buy when the near term is impaired and long term intact
Neelesh Surana is the chief investment officer (CIO) of one of the fastest-growing mutual funds in the country. Mirae Asset Mutual Fund, among the top 10 mutual fund houses in the country with $19 billion assets under management, has built its heft with sheer performance.
Bulls appear to be back in control of the Gensol stock. The big backers of the stock have had to spend a packet buying out the weaker hands in the aftermath of the Tibrewala fiasco. Some strategically timed announcements seem to be helping the cause of the bulls. On March 10, the company announced a Rs 450-crore battery energy storage project win.
Paytm is likely to onboard HDFC Bank as the third merchant acquiring partner this week
Mobile payments firm One97 Communications Ltd, which runs Paytm, is likely to sign private sector lender HDFC Bank as the third partner for migrating merchants on the Paytm platform, according to a couple of sources familiar with the matter.
Six presumed dead after bridge collapse, as port disruptions hit cars to coal
The 1.6-mile-long bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks
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