UBS's bullish outlook indicates significant growth potential for Federal Bank and Zomato shares, The market is competitive
Back in India market are trading positively. Nifty and Sensex and Bank Nifty are up by close to 0.25%. Earnings of financials are in focus.
If you look at the past, valuations might be expensive but if you look at the future on the sector-to-sector basis, they might not be that expensive.
Experts believe that with a sharp one way rally so far, the markets are due to correct
Global brokerage firm UBS reiterates 'Buy' on Tata Steel and has revised its price target upwards to Rs 1,800 per share.
Zomato's current valuations are too punchy and factor in aggressive growth forecasts
On a sequential basis, the company's net profit declined over 62% from Rs 759.2 crore in the March quarter.
Unlike ace investor Rakesh Jhunjhunwala, brokerages expect Zomato to touch at Rs 170 in the near future
Tata Motors is generating strong free cash flow, which will help it pursue its business plans and reduce high debts.
With the rally in the shares, the company's market valuation is now hovering above Rs 1.13 lakh crore mark on the BSE