brokerages

Mumbai: Most brokerages reiterated their bullish calls on Zomato and raised their price targets after the online food aggregator saw its consolidated loss further narrow in the three months ending March.Analysts believe Zomato's stock can…

Nomura Holdings Chief Executive Officer Kentaro Okuda slashed earnings targets across the firm’s main businesses and is planning a review to revive profitability after net income fell for three straight years under his leadership.…

Mumbai: Most analysts remained upbeat on the prospects of Larsen & Toubro's (L&T) shares even as the fourth-quarter earnings at the Mumbai-based engineering and construction conglomerate fell short of market expectations, triggering…

Brokerage Daiwa Securities has taken the lead among major financial institutions in the country in adopting the ChatGPT chatbot to help its employees work more efficiently. Daiwa Securities began using ChatGPT, which it has…

Japan investors bought about ¥140 billion ($1 billion) of Credit Suisse Group’s bonds that were written off when the Swiss bank was suddenly sold last month, Finance Minister Shunichi Suzuki said. It’s “regrettable” that the…

Daiwa Securities Group has joined other major Japanese financial firms in embracing artificial intelligence-powered chatbots, moving in the opposite direction from Wall Street banks. Japan’s second-biggest brokerage plans to adopt…

Mumbai: Most analysts at top brokerages either downgraded ratings on Infosys or cut price targets on the stock by an average 15%, citing weak prospects after the lower-than-expected March quarter numbers.Credit Suisse, while downgrading…

Mumbai: Most analysts have maintained their ratings and price targets on HDFC Bank despite the country's largest private sector lender's March quarter earnings falling below estimates. Shares of HDFC Bank declined 1.55% to close at ₹1,667…

Japan’s trade watchdog cautioned Mizuho Financial Group’s brokerage unit, saying the company priced newly listed stocks in a way that could undermine competition and cause the issuing firms “unfair disadvantages.” Mizuho…

"The broader valuation comfort is there in banking and financial services particularly I think PSU banks is where there is a higher degree of valuation comfort and the quarterly preview suggests that the growth is going to be much higher…