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Morgan Stanley sees 46% upside in State Bank of India
Morgan Stanley is overweight on SBI and has revised its price target upwards to Rs 600
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Indices open flat, Nifty hovers around 15,200
Sensex opened down 12 points or 0.02% at 51,690, and the Nifty was down 2 points or 0.01% at 15,206.
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SIS buyback offer can fetch 27% returns, should you opt for it?
The buyback offer is at 27% premium to the closing price of 17th February Rs 433/-.
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Sensex sinks 400 points to end at 51,703; Nifty holds 15,200
Benchmark indices ended on a negative note for the second consecutive session as investors sold off high-flying stocks.
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Sensex tumbles over 300 points; Nifty below 15,300
Elsewhere in Asia, bourses in Hong Kong were trading on a positive note in mid-session deals, while those in Tokyo and Seoul were in the red
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Sensex snaps three-day winning streak, ends 49 points down
Tracking cues from the global markets, Indian indices traded range-bound. At close, the Sensex was down 49 points at 52,104, and the Nifty was down 1 point at 15,313.
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Sensex surpasses 52,500; Nifty gains 86 points
The Sensex scaled a record high of 52,516 & Nifty hit a record high of 15,431 level in early trade.
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Large Private Indian Banks Entering ‘Golden Age’: Morgan Stanley
Morgan Stanley has upgraded its outlook by 13% for large private sectors banks in India. The global brokerage firm believes that the sector will witness next leg of re-rating cycle as the debate in Indian banks has quickly shifted from impaired loans to growth. Large private banks have emerged stronger post-crisis as balance sheets are […]
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Sensex zooms 609 points to end at 52,154; Nifty holds 15,300
Axis Bank, ICICI Bank, SBI, Bajaj Finance and IndusInd Bank were among major gainers on the Nifty.
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Indices open at record highs, Sensex above 52,000-mark
Indian benchmark indices did a gap up opening on Monday as Sensex jumped 462 points at 52,009. The broader market index Nifty50 opened at 15,290 up 125 points on the back of strong global cues.
