Shares of Bharat Forge soared over 5 percent in morning deals on April 25 after the stock got a double upgrade from Bank of America (BofA) Securities. The international brokerage now has a ‘buy’ call on the stock with a raised target price of Rs 1,450 per share, implying an 18 percent upside from the previous closing price.Analysts at BofA Securities anticipate that the downcycle in the US tru...

Brokerage Jefferies is bullish on the recently listed Bharti Hexacom, a Bharti Airtel group company, because of its strong growth prospects and healthy margin expansion.Jefferies initiated coverage on the stock with a “buy” rating and a price target of Rs 1,080. The price target is the most aggressive on the Street, as it forecasts a nearly 34 percent upside in the counter.The bullish comments...

The equity benchmarks continued to trade lower on April 16 afternoon as rising bond yields and Israel's vow to respond to Iran's attack fanned worries about a widening conflict. Broader markets, however, outperformed the Sensex and the Nifty as volatility cooled off marginally.The Sensex was down 422.27 points or 0.58 percent at 72,977.51, and the Nifty was down 98.00 points or 0.44 percent at 22,...

India may have recognised the state of Israel in 1950, but diplomatic ties between the two were formally established over 40 years later, in 1992. Since then, however, commercial relations between the two countries have developed considerably, with total bilateral trade more than doubling to $10.8 billion in 2022-23 from $5.3 billion five years earlier, in 2018-19.In comparison, total trade betwee...

I&B Ministry takes down 18 OTT platforms publishing vulgar content, 19 websites, 10 apps, and 57 social media handles of the OTT platforms have been blocked nationwide18 OTT platforms have been blocked for obscene and vulgar content after multiple warnings, said Union I&B Minister Anurag Thakur on March 14.19 websites, 10 apps (7 on Google Play Store, 3 on Apple App Store), and 57 social media han...